Ford Motor Company (NYSE:F) insider Hau N. Thai-Tang sold 25,000 shares of the business’s stock in a transaction on Wednesday, September 6th. The stock was sold at an average price of $11.50, for a total value of $287,500.00. Following the completion of the transaction, the insider now directly owns 76,358 shares in the company, valued at approximately $878,117. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Shares of Ford Motor Company (NYSE:F) opened at 11.62 on Friday. Ford Motor Company has a one year low of $10.47 and a one year high of $13.27. The company has a market capitalization of $46.15 billion, a P/E ratio of 12.23 and a beta of 1.12. The firm has a 50 day moving average price of $11.03 and a 200 day moving average price of $11.35.
Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, July 26th. The auto manufacturer reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.13. The company had revenue of $36.93 billion for the quarter, compared to the consensus estimate of $37.22 billion. Ford Motor had a return on equity of 19.69% and a net margin of 2.52%. The firm’s revenue was down .5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.52 EPS. On average, equities research analysts predict that Ford Motor Company will post $1.75 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Friday, September 1st. Investors of record on Monday, July 24th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.16%. The ex-dividend date was Thursday, July 20th. Ford Motor’s payout ratio is 63.16%.
A number of institutional investors have recently modified their holdings of F. Balentine LLC increased its position in Ford Motor by 2.6% in the 1st quarter. Balentine LLC now owns 9,097 shares of the auto manufacturer’s stock valued at $106,000 after buying an additional 231 shares in the last quarter. Captrust Financial Advisors bought a new stake in Ford Motor in the 2nd quarter valued at about $106,000. Archford Capital Strategies LLC increased its position in Ford Motor by 7.8% in the 1st quarter. Archford Capital Strategies LLC now owns 9,361 shares of the auto manufacturer’s stock valued at $109,000 after buying an additional 676 shares in the last quarter. Reilly Financial Advisors LLC increased its position in Ford Motor by 1.5% in the 2nd quarter. Reilly Financial Advisors LLC now owns 9,856 shares of the auto manufacturer’s stock valued at $110,000 after buying an additional 150 shares in the last quarter. Finally, Kelman Lazarov Inc. bought a new stake in Ford Motor in the 2nd quarter valued at about $116,000. 54.34% of the stock is owned by institutional investors and hedge funds.
F has been the topic of a number of recent analyst reports. Vetr lowered Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.45 price objective on the stock. in a research note on Wednesday, May 31st. Wolfe Research initiated coverage on Ford Motor in a research note on Tuesday, June 13th. They set a “market perform” rating on the stock. Berenberg Bank set a $10.00 price target on Ford Motor and gave the company a “sell” rating in a research note on Monday, August 14th. BidaskClub raised Ford Motor from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 26th. Finally, Piper Jaffray Companies reaffirmed a “buy” rating and set a $14.00 price target on shares of Ford Motor in a research note on Friday, July 28th. Three analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eight have assigned a buy rating to the company. Ford Motor has a consensus rating of “Hold” and a consensus target price of $12.51.
About Ford Motor
Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.
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