Calton & Associates Inc. Increases Holdings in Ford Motor (NYSE:F)

Calton & Associates Inc. boosted its holdings in shares of Ford Motor (NYSE:F) by 24.6% in the first quarter, HoldingsChannel.com reports. The fund owned 40,155 shares of the auto manufacturer’s stock after buying 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 reporting period.

A number of other hedge funds have also modified their holdings of F. Annis Gardner Whiting Capital Advisors LLC raised its position in shares of Ford Motor by 29.8% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 3,604 shares of the auto manufacturer’s stock valued at $44,000 after buying an additional 828 shares during the last quarter. First United Bank & Trust boosted its holdings in Ford Motor by 5.4% in the fourth quarter. First United Bank & Trust now owns 16,486 shares of the auto manufacturer’s stock valued at $201,000 after acquiring an additional 850 shares during the last quarter. Lee Financial Co grew its position in Ford Motor by 3.6% during the fourth quarter. Lee Financial Co now owns 24,836 shares of the auto manufacturer’s stock valued at $303,000 after acquiring an additional 854 shares during the period. Welch Group LLC grew its holdings in shares of Ford Motor by 5.3% during the 1st quarter. Welch Group LLC now owns 17,754 shares of the auto manufacturer’s stock worth $236,000 after purchasing an additional 897 shares during the period. Finally, Bigelow Investment Advisors LLC raised its holdings in Ford Motor by 4.9% in the fourth quarter. Bigelow Investment Advisors LLC now owns 19,354 shares of the auto manufacturer’s stock valued at $236,000 after buying an additional 908 shares during the period. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Stock Performance

Shares of NYSE:F traded up $0.31 on Friday, reaching $12.55. 65,884,205 shares of the company’s stock were exchanged, compared to its average volume of 51,208,773. The business’s 50-day moving average is $12.21 and its two-hundred day moving average is $12.23. The company has a quick ratio of 0.99, a current ratio of 1.17 and a debt-to-equity ratio of 2.32. Ford Motor has a fifty-two week low of $9.63 and a fifty-two week high of $15.42. The firm 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.

Ford Motor (NYSE:F) last released its quarterly earnings data on Wednesday, April 24th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping the consensus estimate 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 quarter in the prior year, the business earned $0.63 earnings per share. Ford Motor’s quarterly revenue was up 3.1% on a year-over-year basis. As a group, equities research analysts forecast that Ford Motor will post 2.02 EPS for the current year.

Ford Motor Announces Dividend

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

Analysts Set New Price Targets

A number of brokerages have recently commented on F. Barclays raised their target price on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research note on Thursday, April 11th. Royal Bank of Canada boosted their target price on shares of Ford Motor from $12.00 to $13.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 25th. Sanford C. Bernstein assumed coverage on shares of Ford Motor in a report on Thursday, May 23rd. They set an “outperform” rating and a $16.00 price target for the company. Citigroup boosted their price objective on shares of Ford Motor from $16.00 to $18.00 and gave the stock a “buy” rating in a report on Thursday, May 2nd. Finally, Piper Sandler initiated coverage on Ford Motor in a research note on Friday, March 15th. They set a “neutral” rating and a $13.00 target price for the company. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, Ford Motor currently has an average rating of “Hold” and a consensus target price of $13.89.

Insider Buying and Selling

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