Certuity LLC Has $11.43 Million Stock Position in Ford Motor (NYSE:F)

Certuity LLC lessened its stake in Ford Motor (NYSE:F) by 0.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,154,811 shares of the auto manufacturer’s stock after selling 6,339 shares during the quarter. Ford Motor comprises 1.2% of Certuity LLC’s investment portfolio, making the stock its 20th biggest position. Certuity LLC’s holdings in Ford Motor were worth $11,433,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Livforsakringsbolaget Skandia Omsesidigt increased its stake in shares of Ford Motor by 270.7% in the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 25,169 shares of the auto manufacturer’s stock valued at $266,000 after purchasing an additional 18,380 shares during the last quarter. Exchange Traded Concepts LLC boosted its stake in Ford Motor by 250.5% in the third quarter. Exchange Traded Concepts LLC now owns 31,208 shares of the auto manufacturer’s stock valued at $330,000 after buying an additional 22,305 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its position in Ford Motor by 315.1% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 11,540 shares of the auto manufacturer’s stock valued at $122,000 after acquiring an additional 8,760 shares during the last quarter. Wesbanco Bank Inc. grew its position in Ford Motor by 4.3% in the third quarter. Wesbanco Bank Inc. now owns 85,917 shares of the auto manufacturer’s stock valued at $907,000 after acquiring an additional 3,523 shares during the last quarter. Finally, Zhang Financial LLC raised its stake in Ford Motor by 1.3% during the third quarter. Zhang Financial LLC now owns 160,448 shares of the auto manufacturer’s stock worth $1,694,000 after acquiring an additional 2,015 shares in the last quarter. Institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

Ford Motor stock opened at $9.22 on Wednesday. The stock’s 50 day moving average is $10.03 and its 200 day moving average is $10.51. Ford Motor has a one year low of $9.12 and a one year high of $14.85. The firm has a market cap of $36.65 billion, a P/E ratio of 6.32, a P/E/G ratio of 1.80 and a beta of 1.63. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 0.98.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. As a group, research analysts expect that Ford Motor will post 1.7 EPS for the current year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be issued a $0.15 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $0.60 annualized dividend and a yield of 6.51%. Ford Motor’s payout ratio is 41.10%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on F. Bank of America reduced their price target on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a research note on Thursday, February 6th. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Sanford C. Bernstein downgraded shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target for the company. in a report on Thursday, November 7th. Barclays cut Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their price target for the company from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Finally, JPMorgan Chase & Co. reduced their price objective on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research report on Friday, February 7th. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $11.89.

Ford Motor Company Profile

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.