Calton & Associates Inc. Buys 7,933 Shares of Ford Motor (NYSE:F)

Calton & Associates Inc. increased its stake in shares of Ford Motor (NYSE:F) by 24.6% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 40,155 shares of the auto manufacturer’s stock after purchasing an additional 7,933 shares during the quarter. Calton & Associates Inc.’s holdings in Ford Motor were worth $533,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of F. Norges Bank bought a new stake in shares of Ford Motor during the 4th quarter worth approximately $475,899,000. Coatue Management LLC purchased a new position in Ford Motor in the 4th quarter worth about $149,152,000. Newport Trust Company LLC raised its stake in shares of Ford Motor by 4.5% during the fourth quarter. Newport Trust Company LLC now owns 155,177,214 shares of the auto manufacturer’s stock valued at $1,891,610,000 after acquiring an additional 6,667,808 shares in the last quarter. Fisher Asset Management LLC lifted its holdings in shares of Ford Motor by 6.3% in the 4th quarter. Fisher Asset Management LLC now owns 59,152,154 shares of the auto manufacturer’s stock worth $721,065,000 after buying an additional 3,522,965 shares during the period. Finally, International Assets Investment Management LLC lifted its stake in Ford Motor by 1,084.8% in the fourth quarter. International Assets Investment Management LLC now owns 2,696,966 shares of the auto manufacturer’s stock worth $32,876,000 after acquiring an additional 2,469,344 shares during the period. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Insiders Place Their Bets

In related news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the company’s stock in a transaction dated Friday, May 24th. The shares were sold at an average price of $12.09, for a total transaction of $982,119.06. Following the completion of the sale, the director now owns 168,601 shares of the company’s stock, valued at approximately $2,038,386.09. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.80% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

F has been the topic of a number of recent research reports. Royal Bank of Canada raised their price objective on Ford Motor from $12.00 to $13.00 and gave the company a “sector perform” rating in a research report on Thursday, April 25th. UBS Group raised their price objective on Ford Motor from $13.00 to $14.00 and gave the stock a “neutral” rating in a research report on Thursday, April 25th. Barclays upped their target price on Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research report on Thursday, April 11th. Sanford C. Bernstein began coverage on Ford Motor in a research note on Thursday, May 23rd. They set an “outperform” rating and a $16.00 price target on the stock. Finally, Citigroup upped their price objective on shares of Ford Motor from $16.00 to $18.00 and gave the company a “buy” rating in a report on Thursday, May 2nd. One analyst has rated the stock with a sell rating, nine have issued a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $13.89.

Ford Motor Price Performance

F traded up $0.31 during midday trading on Friday, hitting $12.55. 65,884,205 shares of the company traded hands, compared to its average volume of 51,208,773. The business has a 50 day simple moving average of $12.21 and a two-hundred day simple moving average of $12.23. Ford Motor has a 52-week low of $9.63 and a 52-week high of $15.42. The company has a market capitalization of $50.08 billion, a price-to-earnings ratio of 12.93, a PEG ratio of 0.78 and a beta of 1.61. The company has a current ratio of 1.17, a quick ratio of 0.99 and a debt-to-equity ratio of 2.32.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.07. Ford Motor had a net margin of 2.21% and a return on equity of 17.63%. The firm had revenue of $42.78 billion for the quarter, compared to analyst estimates of $42.93 billion. During the same period last year, the company posted $0.63 EPS. Ford Motor’s quarterly revenue was up 3.1% compared to the same quarter last year. On average, equities analysts forecast that Ford Motor will post 2.02 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 3rd. Shareholders of record on Wednesday, May 8th were issued a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, May 7th. This represents a $0.60 dividend on an annualized basis and a yield of 4.78%. Ford Motor’s payout ratio is currently 61.86%.

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.