Ford Motor (NYSE:F) Position Boosted by Certuity LLC

Certuity LLC grew its holdings in shares of Ford Motor (NYSE:F) by 0.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,161,808 shares of the auto manufacturer’s stock after purchasing an additional 2,328 shares during the period. Ford Motor makes up 1.2% of Certuity LLC’s portfolio, making the stock its 22nd biggest holding. Certuity LLC’s holdings in Ford Motor were worth $14,569,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Acadian Asset Management LLC boosted its position in shares of Ford Motor by 191.8% during the 2nd quarter. Acadian Asset Management LLC now owns 873,156 shares of the auto manufacturer’s stock valued at $10,945,000 after purchasing an additional 573,904 shares in the last quarter. Chris Bulman Inc bought a new position in shares of Ford Motor during the 2nd quarter valued at about $77,000. Greystone Financial Group LLC boosted its position in shares of Ford Motor by 56.7% during the 2nd quarter. Greystone Financial Group LLC now owns 633,751 shares of the auto manufacturer’s stock valued at $7,947,000 after purchasing an additional 229,442 shares in the last quarter. Los Angeles Capital Management LLC lifted its stake in Ford Motor by 53.6% during the second quarter. Los Angeles Capital Management LLC now owns 31,510 shares of the auto manufacturer’s stock valued at $395,000 after buying an additional 10,999 shares in the last quarter. Finally, Hanlon Investment Management Inc. purchased a new stake in Ford Motor during the second quarter valued at about $164,000. Institutional investors own 58.74% of the company’s stock.

Ford Motor Trading Down 1.8 %

NYSE:F opened at $10.58 on Friday. The stock’s 50 day moving average price is $11.70 and its 200 day moving average price is $12.15. Ford Motor has a 52 week low of $9.49 and a 52 week high of $14.85. The company has a market capitalization of $42.24 billion, a P/E ratio of 10.91, a P/E/G ratio of 0.81 and a beta of 1.62. The company has a debt-to-equity ratio of 2.30, a quick ratio of 1.00 and a current ratio of 1.17.

Ford Motor (NYSE:F) last released its quarterly earnings data on Wednesday, July 24th. The auto manufacturer reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.21). Ford Motor had a return on equity of 15.28% and a net margin of 2.13%. The firm had revenue of $47.81 billion during the quarter, compared to analyst estimates of $47.79 billion. During the same quarter in the prior year, the company posted $0.72 EPS. The company’s quarterly revenue was up 6.3% on a year-over-year basis. On average, research analysts forecast that Ford Motor will post 1.88 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 7th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Wednesday, August 7th. This represents a $0.60 annualized dividend and a yield of 5.67%. Ford Motor’s dividend payout ratio (DPR) is presently 61.86%.

Wall Street Analysts Forecast Growth

F has been the subject of a number of analyst reports. Royal Bank of Canada reduced their price objective on shares of Ford Motor from $13.00 to $10.00 and set a “sector perform” rating for the company in a research note on Monday, August 12th. Wolfe Research began coverage on shares of Ford Motor in a research note on Thursday. They set a “peer perform” rating for the company. The Goldman Sachs Group reduced their price target on shares of Ford Motor from $14.00 to $12.00 and set a “neutral” rating for the company in a research report on Thursday, July 25th. StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. Finally, Sanford C. Bernstein began coverage on shares of Ford Motor in a research report on Thursday, May 23rd. They issued an “outperform” rating and a $16.00 price target for the company. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, Ford Motor has an average rating of “Hold” and a consensus price target of $13.48.

About Ford Motor

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.