Chapin Davis Inc. Has $519,000 Holdings in Ford Motor (NYSE:F)

Chapin Davis Inc. lowered its position in Ford Motor (NYSE:F) by 20.4% during the first quarter, according to its most recent filing with the SEC. The firm owned 39,083 shares of the auto manufacturer’s stock after selling 10,000 shares during the period. Chapin Davis Inc.’s holdings in Ford Motor were worth $519,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. SteelPeak Wealth LLC boosted its position in shares of Ford Motor by 1,711.3% during the 1st quarter. SteelPeak Wealth LLC now owns 695,347 shares of the auto manufacturer’s stock worth $9,234,000 after purchasing an additional 656,957 shares in the last quarter. Financial Partners Group LLC lifted its stake in shares of Ford Motor by 6.1% in the first quarter. Financial Partners Group LLC now owns 91,313 shares of the auto manufacturer’s stock valued at $1,213,000 after buying an additional 5,289 shares in the last quarter. Cornerstone Wealth Group LLC bought a new stake in shares of Ford Motor during the first quarter worth about $150,000. Founders Financial Securities LLC lifted its position in Ford Motor by 297.2% in the 1st quarter. Founders Financial Securities LLC now owns 67,684 shares of the auto manufacturer’s stock valued at $899,000 after acquiring an additional 50,643 shares in the last quarter. Finally, Foguth Wealth Management LLC. acquired a new position in Ford Motor during the 1st quarter valued at about $316,000. 58.74% of the stock is owned by institutional investors.

Insider Activity at Ford Motor

In related news, Director Jon M. Huntsman, Jr. sold 81,234 shares of Ford Motor stock in a transaction on Friday, May 24th. The stock was 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 $2,038,386.09. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.40% of the stock is owned by corporate insiders.

Ford Motor Price Performance

Shares of NYSE F opened at $12.77 on Tuesday. Ford Motor has a 1-year low of $9.63 and a 1-year high of $15.42. The stock has a fifty day simple moving average of $12.21 and a two-hundred day simple moving average of $12.24. The company has a current ratio of 1.17, a quick ratio of 0.99 and a debt-to-equity ratio of 2.32. The firm has a market cap of $50.96 billion, a price-to-earnings ratio of 13.16, a price-to-earnings-growth ratio of 0.81 and a beta of 1.62.

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

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 3rd. Investors of record on Wednesday, May 8th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 4.70%. The ex-dividend date of this dividend was Tuesday, May 7th. Ford Motor’s dividend payout ratio is 61.86%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Royal Bank of Canada raised their target price on Ford Motor from $12.00 to $13.00 and gave the company a “sector perform” rating in a report on Thursday, April 25th. UBS Group increased their target price on shares of Ford Motor from $13.00 to $14.00 and gave the company a “neutral” rating in a report on Thursday, April 25th. Citigroup upped their price objective on shares of Ford Motor from $16.00 to $18.00 and gave the stock a “buy” rating in a research report on Thursday, May 2nd. Barclays lifted their target price on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research report on Thursday, April 11th. Finally, Sanford C. Bernstein began coverage on Ford Motor in a report on Thursday, May 23rd. They set an “outperform” rating and a $16.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $13.89.

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.