Cerity Partners LLC Acquires 203,449 Shares of Ford Motor Company (NYSE:F)

Cerity Partners LLC boosted its holdings in shares of Ford Motor Company (NYSE:F - Free Report) by 20.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,187,494 shares of the auto manufacturer's stock after purchasing an additional 203,449 shares during the period. Cerity Partners LLC's holdings in Ford Motor were worth $11,911,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Partners Wealth Management LLC boosted its stake in Ford Motor by 8.4% in the first quarter. Partners Wealth Management LLC now owns 13,903 shares of the auto manufacturer's stock valued at $139,000 after buying an additional 1,082 shares in the last quarter. Proficio Capital Partners LLC lifted its holdings in shares of Ford Motor by 10.1% in the fourth quarter. Proficio Capital Partners LLC now owns 12,118 shares of the auto manufacturer's stock worth $120,000 after acquiring an additional 1,112 shares during the last quarter. Pitcairn Co. boosted its stake in shares of Ford Motor by 2.2% in the 4th quarter. Pitcairn Co. now owns 53,324 shares of the auto manufacturer's stock valued at $528,000 after purchasing an additional 1,135 shares in the last quarter. NorthCrest Asset Manangement LLC grew its holdings in shares of Ford Motor by 7.6% during the 1st quarter. NorthCrest Asset Manangement LLC now owns 16,203 shares of the auto manufacturer's stock valued at $163,000 after purchasing an additional 1,140 shares during the last quarter. Finally, Redwood Wealth Management Group LLC increased its position in Ford Motor by 3.1% during the 1st quarter. Redwood Wealth Management Group LLC now owns 39,666 shares of the auto manufacturer's stock worth $398,000 after purchasing an additional 1,182 shares in the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on F. Citigroup upped their price objective on Ford Motor from $10.00 to $11.00 and gave the company a "neutral" rating in a research note on Wednesday, May 7th. Wall Street Zen cut shares of Ford Motor from a "hold" rating to a "sell" rating in a research report on Saturday. UBS Group lifted their price target on shares of Ford Motor from $9.00 to $11.00 and gave the stock a "neutral" rating in a report on Monday. JPMorgan Chase & Co. increased their price objective on Ford Motor from $11.00 to $12.00 and gave the company an "overweight" rating in a report on Thursday, May 1st. Finally, Barclays raised their target price on Ford Motor from $8.00 to $9.00 and gave the stock an "equal weight" rating in a research report on Tuesday, May 6th. Four research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, Ford Motor has a consensus rating of "Hold" and an average price target of $10.17.

Ford Motor Stock Performance

Shares of F opened at $11.89 on Tuesday. Ford Motor Company has a 12 month low of $8.44 and a 12 month high of $14.85. The company has a market capitalization of $47.26 billion, a price-to-earnings ratio of 9.51, a PEG ratio of 1.00 and a beta of 1.49. The stock has a 50 day moving average of $10.73 and a 200 day moving average of $10.09. The company has a current ratio of 1.13, a quick ratio of 0.97 and a debt-to-equity ratio of 2.26.

Ford Motor (NYSE:F - Get Free Report) last issued its quarterly earnings results on Monday, May 5th. The auto manufacturer reported $0.14 EPS for the quarter, beating analysts' consensus estimates of ($0.02) by $0.16. The firm had revenue of $40.66 billion for the quarter, compared to analysts' expectations of $35.99 billion. Ford Motor had a return on equity of 13.49% and a net margin of 2.74%. The business's revenue for the quarter was down 6.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.49 EPS. As a group, sell-side analysts forecast that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Monday, May 12th were given a $0.15 dividend. The ex-dividend date was Monday, May 12th. This represents a $0.60 annualized dividend and a yield of 5.05%. Ford Motor's dividend payout ratio (DPR) is presently 48.00%.

Insider Buying and Selling

In other news, insider Andrew Frick sold 30,000 shares of the company's stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of $11.00, for a total value of $330,000.00. Following the completion of the sale, the insider owned 113,939 shares of the company's stock, valued at approximately $1,253,329. This represents a 20.84% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.48% of the stock is currently owned by corporate insiders.

Ford Motor 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.

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