Ford Motor (NYSE:F – Get Rating) insider Stuart J. Rowley sold 29,821 shares of the stock in a transaction on Wednesday, November 16th. The stock was sold at an average price of $13.97, for a total value of $416,599.37. Following the completion of the sale, the insider now directly owns 224,978 shares in the company, valued at $3,142,942.66. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Ford Motor Trading Up 0.6 %
Shares of Ford Motor stock opened at $13.99 on Friday. The firm has a market capitalization of $56.25 billion, a price-to-earnings ratio of 6.36, a PEG ratio of 2.36 and a beta of 1.42. Ford Motor has a fifty-two week low of $10.61 and a fifty-two week high of $25.87. The company has a debt-to-equity ratio of 2.00, a quick ratio of 1.03 and a current ratio of 1.20. The stock has a 50 day moving average of $12.98 and a 200 day moving average of $13.35.
Ford Motor (NYSE:F – Get Rating) last released its quarterly earnings results on Wednesday, October 26th. The auto manufacturer reported $0.30 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.01). The firm had revenue of $37.19 billion for the quarter, compared to analysts’ expectations of $37.11 billion. Ford Motor had a return on equity of 14.69% and a net margin of 5.94%. The company’s quarterly revenue was up 12.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.51 earnings per share. As a group, research analysts predict that Ford Motor will post 1.96 earnings per share for the current year.
Ford Motor Dividend Announcement
Institutional Trading of Ford Motor
A number of hedge funds and other institutional investors have recently bought and sold shares of F. RB Capital Management LLC raised its stake in Ford Motor by 14.6% in the first quarter. RB Capital Management LLC now owns 27,339 shares of the auto manufacturer’s stock valued at $462,000 after buying an additional 3,477 shares in the last quarter. Park Avenue Securities LLC increased its position in shares of Ford Motor by 35.4% during the first quarter. Park Avenue Securities LLC now owns 30,818 shares of the auto manufacturer’s stock worth $521,000 after purchasing an additional 8,055 shares in the last quarter. Whittier Trust Co. of Nevada Inc. increased its position in shares of Ford Motor by 2,500.0% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 5,720 shares of the auto manufacturer’s stock worth $97,000 after purchasing an additional 5,500 shares in the last quarter. Signaturefd LLC increased its position in shares of Ford Motor by 2.6% during the first quarter. Signaturefd LLC now owns 38,258 shares of the auto manufacturer’s stock worth $647,000 after purchasing an additional 983 shares in the last quarter. Finally, Pinnacle Financial Partners Inc. increased its position in shares of Ford Motor by 21.1% during the first quarter. Pinnacle Financial Partners Inc. now owns 27,620 shares of the auto manufacturer’s stock worth $467,000 after purchasing an additional 4,820 shares in the last quarter. 49.89% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of research firms have recently commented on F. Citigroup cut their target price on Ford Motor from $16.00 to $13.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 28th. Morgan Stanley raised their target price on Ford Motor from $14.00 to $15.00 and gave the stock an “overweight” rating in a research report on Friday, October 28th. StockNews.com assumed coverage on Ford Motor in a research report on Wednesday, October 12th. They issued a “hold” rating on the stock. UBS Group downgraded Ford Motor from a “neutral” rating to a “sell” rating and decreased their price objective for the stock from $13.00 to $10.00 in a research note on Monday, October 10th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on Ford Motor from $12.00 to $13.00 in a research note on Thursday, July 28th. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $18.07.
About Ford Motor
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.
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