Claro Advisors LLC Purchases 1,626 Shares of Ford Motor (NYSE:F)

Claro Advisors LLC boosted its position in shares of Ford Motor (NYSE:F) by 12.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,686 shares of the auto manufacturer’s stock after purchasing an additional 1,626 shares during the period. Claro Advisors LLC’s holdings in Ford Motor were worth $195,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC grew its holdings in shares of Ford Motor by 15.0% in the 4th quarter. Sequoia Financial Advisors LLC now owns 342,150 shares of the auto manufacturer’s stock valued at $4,171,000 after acquiring an additional 44,581 shares in the last quarter. Public Sector Pension Investment Board grew its holdings in shares of Ford Motor by 11.9% in the 3rd quarter. Public Sector Pension Investment Board now owns 421,118 shares of the auto manufacturer’s stock valued at $5,230,000 after acquiring an additional 44,805 shares in the last quarter. CVA Family Office LLC bought a new position in shares of Ford Motor in the 4th quarter valued at about $56,000. Jacobs Levy Equity Management Inc. grew its holdings in shares of Ford Motor by 21.6% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 12,352,718 shares of the auto manufacturer’s stock valued at $153,421,000 after acquiring an additional 2,190,915 shares in the last quarter. Finally, Cerity Partners LLC grew its holdings in shares of Ford Motor by 287.4% in the 4th quarter. Cerity Partners LLC now owns 606,057 shares of the auto manufacturer’s stock valued at $7,388,000 after acquiring an additional 449,604 shares in the last quarter. Institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Up 0.9 %

NYSE F opened at $12.88 on Wednesday. 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 has a 1-year low of $9.63 and a 1-year high of $15.42. The company has a 50 day moving average of $12.20 and a 200-day moving average of $12.25. The company has a market cap of $51.40 billion, a price-to-earnings ratio of 13.27, a PEG ratio of 0.81 and a beta of 1.62.

Ford Motor (NYSE:F) last released 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. The company had revenue of $42.78 billion during the quarter, compared to the consensus estimate of $42.93 billion. Ford Motor had a net margin of 2.21% and a return on equity of 17.63%. The firm’s quarterly revenue was up 3.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.63 earnings per share. On average, equities research analysts expect 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. Investors of record on Wednesday, May 8th were paid a $0.15 dividend. The ex-dividend date was Tuesday, May 7th. This represents a $0.60 dividend on an annualized basis and a yield of 4.66%. Ford Motor’s dividend payout ratio (DPR) is 61.86%.

Insider Activity at Ford Motor

In other Ford Motor news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the business’s stock in a transaction on Friday, May 24th. The shares were sold at an average price of $12.09, for a total transaction of $982,119.06. Following 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 legal filing with the SEC, which is accessible through this link. 0.40% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on F shares. Sanford C. Bernstein started coverage on Ford Motor in a report on Thursday, May 23rd. They set an “outperform” rating and a $16.00 price target for the company. Citigroup lifted their price target on Ford Motor from $16.00 to $18.00 and gave the stock a “buy” rating in a report on Thursday, May 2nd. Royal Bank of Canada lifted their price target on Ford Motor from $12.00 to $13.00 and gave the stock a “sector perform” rating in a report on Thursday, April 25th. Barclays lifted their price target on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a report on Thursday, April 11th. Finally, UBS Group lifted their price target on Ford Motor from $13.00 to $14.00 and gave the stock a “neutral” rating in a report on Thursday, April 25th. One equities research 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. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average 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.