Catalina Capital Group LLC Sells 3,882 Shares of Ford Motor (NYSE:F)

Catalina Capital Group LLC trimmed its holdings in Ford Motor (NYSE:F) by 20.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,330 shares of the auto manufacturer’s stock after selling 3,882 shares during the period. Catalina Capital Group LLC’s holdings in Ford Motor were worth $152,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in F. Algert Global LLC bought a new position in Ford Motor in the 2nd quarter valued at about $214,000. Quarry LP acquired a new position in shares of Ford Motor in the second quarter valued at approximately $27,000. Handelsbanken Fonder AB increased its stake in shares of Ford Motor by 4.1% during the third quarter. Handelsbanken Fonder AB now owns 504,928 shares of the auto manufacturer’s stock worth $5,332,000 after purchasing an additional 19,722 shares during the period. Czech National Bank lifted its holdings in Ford Motor by 6.5% during the 3rd quarter. Czech National Bank now owns 795,732 shares of the auto manufacturer’s stock worth $8,403,000 after purchasing an additional 48,456 shares during the last quarter. Finally, GAMMA Investing LLC boosted its stake in Ford Motor by 19.6% in the 3rd quarter. GAMMA Investing LLC now owns 44,300 shares of the auto manufacturer’s stock valued at $468,000 after purchasing an additional 7,256 shares during the period. 58.74% of the stock is currently owned by institutional investors.

Ford Motor Stock Performance

NYSE:F opened at $10.16 on Wednesday. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. The stock’s 50-day simple moving average is $10.18 and its 200 day simple moving average is $10.64. The firm has a market capitalization of $40.36 billion, a PE ratio of 11.54, a price-to-earnings-growth ratio of 1.96 and a beta of 1.63.

Analyst Ratings Changes

Several research firms have weighed in on F. Royal Bank of Canada reiterated a “sector perform” rating and set a $10.00 price objective on shares of Ford Motor in a research report on Tuesday, October 29th. Barclays lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their price target for the stock from $13.00 to $11.00 in a research report on Wednesday, January 22nd. Jefferies Financial Group lowered shares of Ford Motor from a “hold” rating to an “underperform” rating and decreased their target price for the stock from $12.00 to $9.00 in a research report on Monday, December 16th. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Finally, Sanford C. Bernstein downgraded Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target on the stock. in a research report on Thursday, November 7th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $11.82.

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.