Employees Retirement System of Texas Reduces Stake in Ford Motor (F)

Marco Green
March 20, 2018

On Wednesday, October 4 Armstrong Steven R. sold $273,080 worth of Ford Motor Company (NYSE:F) or 22,076 shares. The auto manufacturer reported $1.65 earnings per share for the quarter, beating analysts' consensus estimates of $1.34 by $0.31. White Elm Capital Llc who had been investing in Expedia Inc Del for a number of months, seems to be less bullish one the $17.09 billion market cap company. The stock decreased 3.11% or $1.18 during the last trading session, reaching $36.76. About 52,446 shares traded.

Several brokerages have issued reports on F. Susquehanna Bancshares set a $12.00 target price on Ford Motor and gave the company a "hold" rating in a research note on Wednesday, March 14th. It has outperformed by 39.23% the S&P500.

Philip Rosenstrach decreased its stake in General Mtrs Co (GM) by 98.96% based on its latest 2017Q3 regulatory filing with the SEC. Westchester Capital Management Llc bought 252,801 shares as the company's stock rose 32.68% with the market. The Alpine Investment Management Llc holds 2.46M shares with $99.50M value, up from 2.39 million last quarter. Pomelo Capital Llc who had been investing in General Mtrs Co for a number of months, seems to be less bullish one the $52.52B market cap company. The stock decreased 1.20% or $0.38 during the last trading session, reaching $31.27. About 2.10 million shares traded. Florida-based Raymond James & Assoc has invested 0.06% in General Motors Company (NYSE:GM). It has underperformed by 33.33% the S&P500.

Among 27 analysts covering F&M Bank (NYSE:F), 10 have Buy rating, 2 Sell and 15 Hold. Therefore 40% are positive. General Motors Company had 92 analyst reports since July 24, 2015 according to SRatingsIntel. The company was maintained on Tuesday, May 23 by Jefferies. BMO Capital Markets reissued a "hold" rating and issued a $42.00 target price on shares of General Motors in a report on Tuesday, March 6th. Seaport Global initiated the shares of GM in report on Tuesday, August 9 with "Buy" rating. Barclays Capital has "Equal Weight" rating and $35 target. The firm has "Hold" rating by Stifel Nicolaus given on Tuesday, July 19. The company was reinitiated on Monday, August 24 by Morgan Stanley. RBC Capital Markets maintained it with "Hold" rating and $3700 target in Friday, July 14 report. On Friday, October 2 the stock rating was maintained by UBS with "Buy". The firm has "Neutral" rating by Bank of America given on Friday, April 29.

Investors sentiment decreased to 0.87 in 2017 Q3.

Shares of Ford Motor Company (F) moved 0.72% in the recent trading day. It turned negative, as 66 investors sold GM shares while 322 reduced holdings. Finally, Two Sigma Advisers LP raised its stake in shares of Ford Motor by 200.0% in the fourth quarter. Heritage Invsts Mngmt Corp reported 0.13% stake. The fund owned 318,000 shares of the auto manufacturer's stock after selling 29,000 shares during the quarter. Morgan Stanley maintained the shares of ZEN in report on Wednesday, May 4 with "Overweight" rating. Regentatlantic Ltd Liability Com stated it has 0.8% of its portfolio in General Motors Company (NYSE:GM). Aviance Cap Management Ltd reported 6,127 shares. Fishman Jay A Limited Mi holds 0.09% or 11,060 shares in its portfolio. Endurance Wealth Mngmt holds 0% in General Motors Company (NYSE:GM) or 300 shares. Quantitative Management Lc accumulated 1.65 million shares. Boston Private Wealth Ltd Liability Company invested in 45,276 shares. Louisiana State Employees Retirement Sys reported 81,900 shares stake. Toronto Dominion National Bank has 0.07% invested in General Motors Company (NYSE:GM). Illinois-based Balasa Dinverno Foltz Limited Liability Corp has invested 0.27% in General Motors Company (NYSE:GM). 129 were accumulated by Orrstown Inc. (JOF) has risen 24.62% since March 19, 2017 and is uptrending.

Analysts await Ford Motor Company (NYSE:F) to report earnings on April, 26. During the same period in the previous year, the company earned $1.28 EPS. equities research analysts predict that General Motors will post 6.25 earnings per share for the current fiscal year. CM's profit will be $1.00B for 10.04 P/E if the $2.23 EPS becomes a reality.

Since September 25, 2017, it had 0 buys, and 5 insider sales for $5.75 million activity. The shares were sold at an average price of $43.09, for a total value of $1,292,700.00. It increased, as 42 investors sold EXPE shares while 152 reduced holdings. Hilltop Inc owns 18,850 shares. (NYSE:C) was sold by Callahan Don. Galhotra Ashwani Kumar also sold $324,875 worth of Ford Motor Company (NYSE:F) shares.

Investors sentiment decreased to 0.81 in Q3 2017. Its up 0.04, from 0.83 in 2017Q2. 84 funds opened positions while 193 raised stakes. (NASDAQ:VIAB) has "Hold" rating given on Monday, October 16 by BMO Capital Markets. Chilton Cap Management Limited Company owns 118,597 shares. Dubuque Bank And holds 0% or 500 shares in its portfolio. Atria Invs Lc holds 0.21% or 314,784 shares. Linscomb & Williams reported 7,004 shares. Assetmark invested 0% of its portfolio in Expedia, Inc. Rothschild Investment Corp IL now owns 230,026 shares of the auto manufacturer's stock worth $2,753,000 after purchasing an additional 8,450 shares during the period. Markston Interest Ltd Co reported 0.9% in Citigroup Inc. Liberty Capital Management Inc. boosted its position in Ford Motor by 556.3% during the 3rd quarter. (NASDAQ:MGI). Citigroup Inc invested in 0% or 73,625 shares. (NASDAQ:EXPE). Ameritas Inv Prns, Nebraska-based fund reported 5,235 shares. Empyrean Capital Partners Lp owns 1.79 million shares or 1.11% of their USA portfolio. It also increased its holding in Infosys Ltd (NYSE:INFY) by 165,800 shares in the quarter, for a total of 3.11 million shares, and has risen its stake in Embraer Sa (NYSE:ERJ).

Among 21 analysts covering Zendesk (NYSE:ZEN), 18 have Buy rating, 0 Sell and 3 Hold. Therefore 37% are positive. As per Friday, March 31, the company rating was maintained by Tigress Financial. The rating was upgraded by JMP Securities to "Outperform" on Thursday, October 8. The firm has "Hold" rating given on Tuesday, August 29 by Canaccord Genuity. Cowen & Co maintained the shares of EXPE in report on Friday, July 7 with "Buy" rating. On Thursday, February 4 the stock rating was maintained by RBC Capital Markets with "Sector Perform". The stock of Viacom, Inc. The firm has "Neutral" rating by Bank of America given on Wednesday, October 26.

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