Hayden Royal LLC Purchases 6,629 Shares of Ford Motor (NYSE:F)

Hayden Royal LLC grew its position in shares of Ford Motor (NYSE:F) by 25.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 32,535 shares of the auto manufacturer’s stock after buying an additional 6,629 shares during the period. Hayden Royal LLC’s holdings in Ford Motor were worth $332,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of F. Geode Capital Management LLC grew its holdings in shares of Ford Motor by 8.2% during the 4th quarter. Geode Capital Management LLC now owns 52,343,847 shares of the auto manufacturer’s stock worth $399,887,000 after purchasing an additional 3,950,938 shares in the last quarter. Northern Trust Corp grew its holdings in shares of Ford Motor by 1.0% during the 1st quarter. Northern Trust Corp now owns 42,412,606 shares of the auto manufacturer’s stock worth $372,382,000 after purchasing an additional 405,881 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. grew its holdings in shares of Ford Motor by 6.9% during the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 15,083,628 shares of the auto manufacturer’s stock worth $154,306,000 after purchasing an additional 975,035 shares in the last quarter. Swiss National Bank grew its holdings in shares of Ford Motor by 2.5% during the 1st quarter. Swiss National Bank now owns 12,389,335 shares of the auto manufacturer’s stock worth $108,778,000 after purchasing an additional 299,100 shares in the last quarter. Finally, Parametric Portfolio Associates LLC grew its holdings in shares of Ford Motor by 12.3% during the 1st quarter. Parametric Portfolio Associates LLC now owns 11,237,829 shares of the auto manufacturer’s stock worth $98,668,000 after purchasing an additional 1,232,732 shares in the last quarter. Hedge funds and other institutional investors own 52.11% of the company’s stock.

Several analysts recently weighed in on the company. Morgan Stanley raised Ford Motor from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $10.00 to $12.00 in a research note on Tuesday, August 6th. Credit Suisse Group began coverage on Ford Motor in a research note on Wednesday, June 26th. They issued an “outperform” rating and a $13.00 price objective on the stock. Royal Bank of Canada restated a “neutral” rating and set a $10.50 price objective on shares of Ford Motor in a research report on Thursday, July 25th. Goldman Sachs Group set a $13.00 price objective on Ford Motor and gave the stock a “buy” rating in a research report on Thursday, June 13th. Finally, BMO Capital Markets raised their price objective on Ford Motor from $8.50 to $10.00 and gave the stock a “market perform” rating in a research report on Monday, May 6th. Four investment analysts have rated the stock with a sell rating, five have assigned a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. Ford Motor currently has an average rating of “Hold” and a consensus target price of $10.48.

Shares of Ford Motor stock opened at $9.26 on Wednesday. The company has a quick ratio of 1.08, a current ratio of 1.20 and a debt-to-equity ratio of 2.86. Ford Motor has a 52 week low of $7.41 and a 52 week high of $10.56. The firm has a 50 day moving average price of $9.90. The firm has a market capitalization of $37.70 billion, a PE ratio of 7.12, a PEG ratio of 1.01 and a beta of 1.13.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, July 24th. The auto manufacturer reported $0.32 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.30 by $0.02. The company had revenue of $35.91 billion for the quarter, compared to analysts’ expectations of $35.21 billion. Ford Motor had a return on equity of 14.92% and a net margin of 1.37%. Ford Motor’s quarterly revenue was up .4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.27 earnings per share. As a group, analysts expect that Ford Motor will post 1.29 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 3rd. Shareholders of record on Tuesday, July 23rd will be given a $0.15 dividend. The ex-dividend date is Monday, July 22nd. This represents a $0.60 annualized dividend and a yield of 6.48%. Ford Motor’s dividend payout ratio is currently 46.15%.

In other Ford Motor news, CEO James P. Hackett sold 20,000 shares of the business’s stock in a transaction on Monday, June 3rd. The stock was sold at an average price of $9.61, for a total value of $192,200.00. Following the sale, the chief executive officer now directly owns 214,575 shares in the company, valued at $2,062,065.75. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Kiersten Robinson sold 15,000 shares of the business’s stock in a transaction on Friday, June 28th. The shares were sold at an average price of $10.25, for a total value of $153,750.00. Following the completion of the sale, the insider now owns 66,027 shares in the company, valued at $676,776.75. The disclosure for this sale can be found here. In the last three months, insiders acquired 861,162 shares of company stock worth $8,193,611 and sold 115,000 shares worth $1,137,650. 0.83% of the stock is currently owned by insiders.

About Ford Motor

Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified 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: What is diluted earnings per share (Diluted EPS)?

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

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