Carroll Financial Associates Inc. Has $270,000 Stake in Ford Motor (NYSE:F)


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Carroll Financial Associates Inc. increased its stake in shares of Ford Motor (NYSE:F) by 13.3% in the 1st quarter, HoldingsChannel.com reports. The firm owned 22,071 shares of the auto manufacturer’s stock after buying an additional 2,585 shares during the quarter. Carroll Financial Associates Inc.’s holdings in Ford Motor were worth $270,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC lifted its holdings in Ford Motor by 1.0% in the 4th quarter. International Assets Investment Management LLC now owns 86,753 shares of the auto manufacturer’s stock worth $571,000 after purchasing an additional 877 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. lifted its stake in shares of Ford Motor by 4.0% in the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 23,150 shares of the auto manufacturer’s stock worth $203,000 after buying an additional 889 shares during the last quarter. Checchi Capital Advisers LLC boosted its holdings in shares of Ford Motor by 3.1% during the 4th quarter. Checchi Capital Advisers LLC now owns 32,600 shares of the auto manufacturer’s stock worth $287,000 after buying an additional 978 shares during the period. Hexagon Capital Partners LLC boosted its holdings in shares of Ford Motor by 30.6% during the 4th quarter. Hexagon Capital Partners LLC now owns 4,272 shares of the auto manufacturer’s stock worth $37,000 after buying an additional 1,000 shares during the period. Finally, Costello Asset Management INC grew its stake in Ford Motor by 50.0% in the 4th quarter. Costello Asset Management INC now owns 3,000 shares of the auto manufacturer’s stock valued at $26,000 after buying an additional 1,000 shares during the last quarter. 48.81% of the stock is currently owned by hedge funds and other institutional investors.

In other news, insider Hau N. Thai-Tang sold 90,000 shares of the company’s stock in a transaction dated Wednesday, March 10th. The shares were sold at an average price of $12.87, for a total value of $1,158,300.00. Following the sale, the insider now owns 727,651 shares of the company’s stock, valued at approximately $9,364,868.37. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.91% of the company’s stock.

Shares of F opened at $12.51 on Monday. The company has a quick ratio of 1.09, a current ratio of 1.20 and a debt-to-equity ratio of 3.20. The company has a 50-day moving average price of $12.35 and a two-hundred day moving average price of $9.80. The stock has a market cap of $49.77 billion, a price-to-earnings ratio of -312.75, a P/E/G ratio of 1.38 and a beta of 1.27. Ford Motor has a 12 month low of $4.52 and a 12 month high of $13.62.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, February 3rd. The auto manufacturer reported $0.34 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.07) by $0.41. The business had revenue of $33.20 billion during the quarter, compared to analysts’ expectations of $32.89 billion. Ford Motor had a positive return on equity of 2.48% and a negative net margin of 0.12%. Equities research analysts expect that Ford Motor will post -0.03 EPS for the current fiscal year.

Several equities research analysts have recently issued reports on F shares. Wells Fargo & Company assumed coverage on Ford Motor in a research report on Monday, April 5th. They issued an “overweight” rating and a $15.00 price target on the stock. Benchmark raised their target price on Ford Motor from $12.00 to $14.00 and gave the company a “buy” rating in a report on Friday, February 5th. Jefferies Financial Group upped their price target on Ford Motor from $14.00 to $16.00 and gave the stock a “buy” rating in a report on Monday, March 29th. They noted that the move was a valuation call. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Ford Motor from $11.00 to $12.00 and gave the stock a “hold” rating in a research note on Friday, February 5th. Finally, Morgan Stanley lowered shares of Ford Motor from an “equal weight” rating to an “underweight” rating and set a $9.00 price target on the stock. in a research report on Friday, January 29th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $10.95.

Ford Motor Company Profile

Ford Motor Company designs, manufactures, markets, and services a range of Ford trucks, cars, sport utility vehicles, electrified vehicles, and Lincoln luxury vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment 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.

Further Reading: Cost of Equity

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Institutional Ownership by Quarter for Ford Motor (NYSE:F)

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