Calton & Associates Inc. Has $667,000 Holdings in Ford Motor Company $F

Key Points

• Calton & Associates Inc. increased its stake in Ford Motor Company by 59.6% during the first quarter, owning 66,512 shares valued at approximately $667,000.
• Ford's quarterly earnings surpassed expectations with an EPS of $0.37 against a consensus of $0.33, and revenue rose 5% year-over-year to $50.18 billion.
• The company announced a quarterly dividend of $0.15 per share, resulting in an annualized yield of 5.1%, with an ex-dividend date of August 11th.

Calton & Associates Inc. increased its holdings in shares of Ford Motor Company (NYSE:F - Free Report) by 59.6% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 66,512 shares of the auto manufacturer's stock after buying an additional 24,836 shares during the quarter. Calton & Associates Inc.'s holdings in Ford Motor were worth $667,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Grove Bank & Trust lifted its position in shares of Ford Motor by 289.1% during the 1st quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer's stock worth $25,000 after buying an additional 1,882 shares during the last quarter. Elite Financial Inc. acquired a new position in Ford Motor in the 1st quarter worth about $27,000. Olde Wealth Management LLC acquired a new position in Ford Motor in the 1st quarter worth about $28,000. MorganRosel Wealth Management LLC acquired a new position in Ford Motor in the 1st quarter worth about $30,000. Finally, Spurstone Advisory Services LLC acquired a new position in Ford Motor in the 4th quarter worth about $31,000. 58.74% of the stock is currently owned by institutional investors.

Ford Motor Trading Up 0.7%

Shares of Ford Motor stock traded up $0.09 on Monday, hitting $11.80. 44,049,553 shares of the company's stock traded hands, compared to its average volume of 54,192,904. Ford Motor Company has a one year low of $8.44 and a one year high of $11.99. The company has a debt-to-equity ratio of 2.24, a current ratio of 1.10 and a quick ratio of 0.95. The company has a fifty day moving average of $11.38 and a two-hundred day moving average of $10.46. The company has a market capitalization of $46.94 billion, a price-to-earnings ratio of 15.12, a price-to-earnings-growth ratio of 3.38 and a beta of 1.52.

Ford Motor (NYSE:F - Get Free Report) last announced its earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 EPS for the quarter, beating the consensus estimate of $0.33 by $0.04. Ford Motor had a return on equity of 12.46% and a net margin of 1.70%.The company had revenue of $50.18 billion for the quarter, compared to analyst estimates of $42.91 billion. During the same quarter in the prior year, the company earned $0.47 EPS. The firm's revenue for the quarter was up 5.0% compared to the same quarter last year. As a group, sell-side analysts expect that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Monday, August 11th will be given a dividend of $0.15 per share. The ex-dividend date is Monday, August 11th. This represents a $0.60 annualized dividend and a dividend yield of 5.1%. Ford Motor's dividend payout ratio is presently 76.92%.

Insider Activity at Ford Motor

In related news, insider Andrew Frick sold 30,000 shares of the company's stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $11.00, for a total transaction of $330,000.00. Following the sale, the insider owned 113,939 shares in the company, valued at $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 available at the SEC website. 0.48% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on F. Citigroup upped their target price on Ford Motor from $10.00 to $11.00 and gave the stock a "neutral" rating in a report on Wednesday, May 7th. The Goldman Sachs Group upped their target price on Ford Motor from $9.00 to $10.00 and gave the stock a "neutral" rating in a report on Tuesday, May 6th. Jefferies Financial Group upped their target price on Ford Motor from $8.00 to $9.00 and gave the stock an "underperform" rating in a report on Monday, August 11th. Wall Street Zen raised Ford Motor from a "sell" rating to a "hold" rating in a report on Sunday, July 20th. Finally, JPMorgan Chase & Co. upped their target price on Ford Motor from $12.00 to $13.00 and gave the stock an "overweight" rating in a report on Monday, July 21st. Two equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of "Reduce" and an average price target of $10.53.

About Ford Motor

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.