Ford Motor (F) Shareholder United Bank Has Lowered Its Stake by $3.70 Million; Marietta Investment Partners Has Increased Its Holding in Ternium Sa (TX) as Market Value Rose

February 19, 2018 - By Peter Erickson

United Bank Inc decreased its stake in Ford Motor (F) by 78.19% based on its latest 2017Q3 regulatory filing with the SEC. United Bank Inc sold 336,132 shares as the company’s stock declined 13.59% while stock markets rallied. The institutional investor held 93,783 shares of the auto manufacturing company at the end of 2017Q3, valued at $1.12 million, down from 429,915 at the end of the previous reported quarter. United Bank Inc who had been investing in Ford Motor for a number of months, seems to be less bullish one the $42.16B market cap company. The stock decreased 1.39% or $0.15 during the last trading session, reaching $10.61. About 41.04 million shares traded. Ford Motor Company (NYSE:F) has declined 16.63% since February 19, 2017 and is downtrending. It has underperformed by 33.33% the S&P500.

Marietta Investment Partners Llc increased its stake in Ternium Sa (TX) by 12.67% based on its latest 2017Q3 regulatory filing with the SEC. Marietta Investment Partners Llc bought 20,470 shares as the company’s stock rose 9.85% with the market. The institutional investor held 182,019 shares of the steel and iron ore company at the end of 2017Q3, valued at $5.63M, up from 161,549 at the end of the previous reported quarter. Marietta Investment Partners Llc who had been investing in Ternium Sa for a number of months, seems to be bullish on the $7.20 billion market cap company. The stock increased 1.75% or $0.63 during the last trading session, reaching $36.67. About 430,351 shares traded or 16.19% up from the average. Ternium S.A. (NYSE:TX) has risen 39.67% since February 19, 2017 and is uptrending. It has outperformed by 22.97% the S&P500.




Among 7 analysts covering Ternium (NYSE:TX), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Ternium had 13 analyst reports since August 10, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, February 8 by Scotia Capital. The firm has “Buy” rating given on Friday, May 13 by HSBC. Goldman Sachs initiated it with “Buy” rating and $18.50 target in Monday, August 10 report. The firm has “Equal-Weight” rating given on Monday, May 9 by Morgan Stanley. The firm has “Overweight” rating given on Wednesday, December 6 by Morgan Stanley. The company was downgraded on Wednesday, November 9 by HSBC. The stock has “Buy” rating by Citigroup on Wednesday, February 24. Morgan Stanley upgraded the stock to “Overweight” rating in Monday, December 7 report.

Marietta Investment Partners Llc, which manages about $392.24M and $333.79M US Long portfolio, decreased its stake in Alphabet Inc by 550 shares to 249 shares, valued at $239,000 in 2017Q3, according to the filing. It also reduced its holding in Walt Disney Co (NYSE:DIS) by 26,674 shares in the quarter, leaving it with 9,017 shares, and cut its stake in East West Bancorp (NASDAQ:EWBC).

Investors sentiment increased to 0.87 in 2017 Q3. Its up 0.04, from 0.83 in 2017Q2. It increased, as 63 investors sold F shares while 354 reduced holdings. 91 funds opened positions while 271 raised stakes. 2.07 billion shares or 1.73% less from 2.11 billion shares in 2017Q2 were reported. Moreover, Alpha Windward Ltd Liability has 0.09% invested in Ford Motor Company (NYSE:F). Convergence Inv Prtn Limited Liability Com has 101,658 shares. 50,682 are owned by Blue Chip Ptnrs. Susquehanna Intll Grp Inc Llp has 0.07% invested in Ford Motor Company (NYSE:F) for 12.28M shares. Carlton Hofferkamp & Jenks Wealth Mngmt Limited Liability Company reported 16,318 shares stake. Finemark Fincl Bank And Tru holds 0.22% in Ford Motor Company (NYSE:F) or 276,264 shares. Oregon Pub Employees Retirement Fund has invested 0.49% in Ford Motor Company (NYSE:F). Ray Gerald L And Associate Limited invested in 81,076 shares. Silvercrest Asset Mgmt Group Ltd Company holds 14,440 shares. Court Place Advsr Limited Com holds 0.2% of its portfolio in Ford Motor Company (NYSE:F) for 38,413 shares. Amer Research & Mngmt Comm, Massachusetts-based fund reported 600 shares. Alabama-based Cornerstone Advsrs Incorporated has invested 0.21% in Ford Motor Company (NYSE:F). Mcf Advsr Ltd Co reported 15,313 shares or 0.04% of all its holdings. Centurylink Invest Com has invested 0.26% in Ford Motor Company (NYSE:F). Leisure, a California-based fund reported 96,597 shares.

United Bank Inc, which manages about $251.58 million US Long portfolio, upped its stake in Ishares (IJH) by 7,337 shares to 72,235 shares, valued at $12.92 million in 2017Q3, according to the filing.

Among 26 analysts covering F&M Bank (NYSE:F), 9 have Buy rating, 3 Sell and 14 Hold. Therefore 35% are positive. F&M Bank had 57 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Hold” rating by RBC Capital Markets given on Tuesday, December 19. The firm has “Neutral” rating by Compass Point given on Friday, August 7. The firm earned “Buy” rating on Wednesday, October 4 by Standpoint Research. The stock of Ford Motor Company (NYSE:F) has “Equalweight” rating given on Monday, January 25 by Barclays Capital. As per Friday, April 29, the company rating was downgraded by Bank of America. The firm has “Neutral” rating by Macquarie Research given on Thursday, December 1. The firm has “Buy” rating by RBC Capital Markets given on Tuesday, July 11. On Monday, October 30 the stock rating was maintained by Jefferies with “Hold”. As per Tuesday, August 9, the company rating was initiated by Seaport Global. The rating was downgraded by Goldman Sachs to “Neutral” on Friday, July 29.

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