Voya Investment Management LLC Has $24.75 Million Position in Ford Motor (F)

Voya Investment Management LLC lowered its holdings in Ford Motor (NYSE:F) by 0.8% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,235,770 shares of the auto manufacturer’s stock after selling 19,045 shares during the period. Voya Investment Management LLC owned about 0.06% of Ford Motor worth $24,750,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Valeo Financial Advisors LLC grew its position in Ford Motor by 23.0% in the second quarter. Valeo Financial Advisors LLC now owns 249,112 shares of the auto manufacturer’s stock worth $2,360,000 after buying an additional 46,657 shares during the last quarter. Lido Advisors LLC grew its position in Ford Motor by 35.3% during the 2nd quarter. Lido Advisors LLC now owns 26,882 shares of the auto manufacturer’s stock worth $297,000 after purchasing an additional 7,012 shares in the last quarter. Krane Funds Advisors LLC grew its position in Ford Motor by 8.9% during the 2nd quarter. Krane Funds Advisors LLC now owns 97,075 shares of the auto manufacturer’s stock worth $1,075,000 after purchasing an additional 7,946 shares in the last quarter. CSat Investment Advisory L.P. purchased a new position in Ford Motor during the 2nd quarter worth approximately $471,000. Finally, OppenheimerFunds Inc. grew its position in Ford Motor by 4.7% during the 2nd quarter. OppenheimerFunds Inc. now owns 3,905,676 shares of the auto manufacturer’s stock worth $43,236,000 after purchasing an additional 175,616 shares in the last quarter. 54.20% of the stock is currently owned by hedge funds and other institutional investors.

In other Ford Motor news, VP Steven R. Armstrong sold 13,000 shares of the company’s stock in a transaction dated Monday, September 24th. The shares were sold at an average price of $9.54, for a total transaction of $124,020.00. Following the sale, the vice president now directly owns 94,527 shares of the company’s stock, valued at $901,787.58. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director John C. Lechleiter acquired 10,000 shares of the business’s stock in a transaction that occurred on Thursday, August 2nd. The stock was acquired at an average price of $9.89 per share, for a total transaction of $98,900.00. Following the completion of the acquisition, the director now directly owns 45,000 shares of the company’s stock, valued at $445,050. The disclosure for this purchase can be found here. Insiders own 0.95% of the company’s stock.

F has been the subject of a number of research reports. Jefferies Financial Group reissued a “buy” rating and set a $13.00 target price on shares of Ford Motor in a research note on Friday. TheStreet lowered shares of Ford Motor from a “b-” rating to a “c+” rating in a research note on Monday, August 13th. Zacks Investment Research lowered shares of Ford Motor from a “hold” rating to a “sell” rating in a research note on Tuesday, July 17th. Citigroup decreased their target price on shares of Ford Motor from $9.90 to $9.70 and set a “neutral” rating for the company in a research note on Thursday, October 4th. Finally, Buckingham Research reduced their price objective on shares of Ford Motor from $11.00 to $10.00 and set a “neutral” rating for the company in a research note on Thursday, July 26th. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and five have given a buy rating to the company’s stock. Ford Motor currently has an average rating of “Hold” and a consensus price target of $12.11.

NYSE:F opened at $9.26 on Tuesday. Ford Motor has a 52-week low of $9.09 and a 52-week high of $13.48. The company has a current ratio of 1.21, a quick ratio of 1.08 and a debt-to-equity ratio of 2.80. The stock has a market cap of $36.75 billion, a PE ratio of 5.20, a P/E/G ratio of 1.26 and a beta of 0.86.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, July 25th. The auto manufacturer reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.04). The company had revenue of $35.90 billion for the quarter, compared to the consensus estimate of $35.63 billion. Ford Motor had a return on equity of 17.43% and a net margin of 4.27%. The business’s revenue for the quarter was down 2.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.56 EPS. On average, research analysts expect that Ford Motor will post 1.38 earnings per share for the current year.

Ford Motor Company Profile

Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles; and Lincoln luxury vehicles worldwide. Its Automotive segment sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to fleet customers, including commercial fleet customers, daily rental car companies, and governments.

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Institutional Ownership by Quarter for Ford Motor (NYSE:F)

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