Ford Motor Company (F) Shares Declined While Lau Associates Has Cut Its Stake; Burgundy Asset Management LTD Has Trimmed Holding in Toronto (TD) by $18.06 Million as Shares Declined

April 24, 2018 - By Ellis Scott

The Toronto-Dominion Bank (NYSE:TD) Logo

Burgundy Asset Management Ltd decreased its stake in Toronto (TD) by 8.88% based on its latest 2017Q4 regulatory filing with the SEC. Burgundy Asset Management Ltd sold 311,319 shares as the company’s stock declined 1.92% with the market. The institutional investor held 3.19 million shares of the commercial banks company at the end of 2017Q4, valued at $187.53M, down from 3.51M at the end of the previous reported quarter. Burgundy Asset Management Ltd who had been investing in Toronto for a number of months, seems to be less bullish one the $102.93 billion market cap company. The stock increased 0.73% or $0.4 during the last trading session, reaching $55.44. About 239,044 shares traded. The Toronto-Dominion Bank (NYSE:TD) has risen 15.54% since April 24, 2017 and is uptrending. It has outperformed by 3.99% the S&P500.

Lau Associates Llc decreased its stake in Ford Motor Company (F) by 65.93% based on its latest 2017Q4 regulatory filing with the SEC. Lau Associates Llc sold 71,074 shares as the company’s stock declined 12.94% with the market. The institutional investor held 36,726 shares of the auto manufacturing company at the end of 2017Q4, valued at $459,000, down from 107,800 at the end of the previous reported quarter. Lau Associates Llc who had been investing in Ford Motor Company for a number of months, seems to be less bullish one the $44.20B market cap company. The stock increased 0.27% or $0.03 during the last trading session, reaching $11.07. About 7.10 million shares traded. Ford Motor Company (NYSE:F) has declined 4.43% since April 24, 2017 and is downtrending. It has underperformed by 15.98% the S&P500.

Analysts await The Toronto-Dominion Bank (NYSE:TD) to report earnings on May, 24. They expect $1.16 earnings per share, up 16.00% or $0.16 from last year’s $1 per share. TD’s profit will be $2.15B for 11.95 P/E if the $1.16 EPS becomes a reality. After $1.23 actual earnings per share reported by The Toronto-Dominion Bank for the previous quarter, Wall Street now forecasts -5.69% negative EPS growth.

Among 10 analysts covering TD Bank (NYSE:TD), 5 have Buy rating, 0 Sell and 5 Hold. Therefore 50% are positive. TD Bank had 23 analyst reports since August 12, 2015 according to SRatingsIntel. As per Friday, August 26, the company rating was downgraded by IBC. Citigroup maintained it with “Buy” rating and $67 target in Wednesday, September 14 report. Barclays Capital upgraded the stock to “Equal-Weight” rating in Tuesday, May 23 report. The firm earned “Outperform” rating on Tuesday, May 3 by Credit Suisse. The company was maintained on Friday, August 28 by Scotia Capital. The stock of The Toronto-Dominion Bank (NYSE:TD) has “Sector Perform” rating given on Monday, March 13 by RBC Capital Markets. The rating was upgraded by National Bank Canada on Friday, September 1 to “Outperform”. The stock of The Toronto-Dominion Bank (NYSE:TD) earned “Neutral” rating by Credit Suisse on Monday, September 21. The stock of The Toronto-Dominion Bank (NYSE:TD) has “Outperform” rating given on Monday, August 31 by BMO Capital Markets. As per Friday, August 28, the company rating was maintained by RBC Capital Markets.

Burgundy Asset Management Ltd, which manages about $19.85B and $11.00 billion US Long portfolio, upped its stake in Philip Morris International Inc. (NYSE:PM) by 20,919 shares to 2.73M shares, valued at $287.96M in 2017Q4, according to the filing. It also increased its holding in Marketaxess Holdings Inc. (NASDAQ:MKTX) by 5,611 shares in the quarter, for a total of 468,623 shares, and has risen its stake in Gartner Inc (NYSE:IT).

Analysts await Ford Motor Company (NYSE:F) to report earnings on April, 25 after the close. They expect $0.41 EPS, up 5.13% or $0.02 from last year’s $0.39 per share. F’s profit will be $1.64B for 6.75 P/E if the $0.41 EPS becomes a reality. After $0.39 actual EPS reported by Ford Motor Company for the previous quarter, Wall Street now forecasts 5.13% EPS growth.

Investors sentiment increased to 1 in 2017 Q4. Its up 0.13, from 0.87 in 2017Q3. It increased, as 75 investors sold F shares while 325 reduced holdings. 114 funds opened positions while 285 raised stakes. 1.96 billion shares or 5.26% less from 2.07 billion shares in 2017Q3 were reported. Parametrica Mgmt Ltd invested in 15,886 shares. Duff & Phelps Invest reported 43,180 shares or 0.01% of all its holdings. Jump Trading Limited Liability Co owns 34,015 shares. Clarkston Prtn Limited Liability Com stated it has 59,378 shares. Girard Partners Ltd invested in 32,622 shares or 0.08% of the stock. Ledyard Bancorporation stated it has 0.06% of its portfolio in Ford Motor Company (NYSE:F). Shufro Rose And Lc holds 15,708 shares. Drw Limited Liability Co reported 55,696 shares or 0.07% of all its holdings. Timber Creek Mngmt Ltd Liability Com owns 600 shares. Philadelphia Communications has invested 0.02% in Ford Motor Company (NYSE:F). New York-based Integral Derivatives Ltd Liability Corporation has invested 0% in Ford Motor Company (NYSE:F). Prentiss Smith And Inc holds 3,000 shares. United Cap Advisers Ltd holds 0.02% or 151,915 shares. Old Mutual Customised Solutions (Proprietary) Limited owns 0.37% invested in Ford Motor Company (NYSE:F) for 287,230 shares. Greenwich Wealth Management Limited Liability Co stated it has 0.18% in Ford Motor Company (NYSE:F).

Since March 2, 2018, it had 0 buys, and 3 selling transactions for $5.17 million activity. Shares for $160,554 were sold by Thai-Tang Hau N. $4.69M worth of Ford Motor Company (NYSE:F) was sold by FORD WILLIAM CLAY JR.

Among 28 analysts covering F&M Bank (NYSE:F), 11 have Buy rating, 2 Sell and 15 Hold. Therefore 39% are positive. F&M Bank had 62 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was initiated by Nomura with “Buy” on Tuesday, September 20. The firm earned “Sector Perform” rating on Friday, April 29 by RBC Capital Markets. UBS maintained Ford Motor Company (NYSE:F) on Wednesday, October 28 with “Buy” rating. As per Monday, October 16, the company rating was downgraded by RBC Capital Markets. As per Friday, April 29, the company rating was downgraded by Bank of America. Barclays Capital maintained the stock with “Equalweight” rating in Monday, January 25 report. The stock of Ford Motor Company (NYSE:F) earned “Buy” rating by Buckingham Research on Thursday, October 15. Piper Jaffray maintained the shares of F in report on Friday, March 24 with “Overweight” rating. Credit Suisse downgraded Ford Motor Company (NYSE:F) rating on Wednesday, February 24. Credit Suisse has “Underperform” rating and $13 target. The company was maintained on Monday, October 30 by Citigroup.

Ford Motor Company (NYSE:F) Institutional Positions Chart

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