Ford Motor (NYSE:F) Insider William Clay Ford, Jr. Acquires 140,000 Shares

Ford Motor Company (NYSE:F) insider William Clay Ford, Jr. purchased 140,000 shares of the business’s stock in a transaction on Thursday, February 19th. The stock was purchased at an average cost of $13.82 per share, with a total value of $1,934,800.00. Following the completion of the acquisition, the insider owned 3,912,600 shares in the company, valued at approximately $54,072,132. This trade represents a 3.71% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.

Ford Motor Trading Down 2.7%

Ford Motor stock opened at $13.63 on Tuesday. The stock has a market cap of $54.38 billion, a P/E ratio of -6.62, a PEG ratio of 0.34 and a beta of 1.66. Ford Motor Company has a fifty-two week low of $8.44 and a fifty-two week high of $14.50. The firm’s fifty day moving average price is $13.68 and its 200-day moving average price is $12.80. The company has a debt-to-equity ratio of 2.95, a quick ratio of 0.94 and a current ratio of 1.07.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, February 11th. The auto manufacturer reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.07. The company had revenue of $45.89 billion during the quarter, compared to analyst estimates of $41.78 billion. Ford Motor had a positive return on equity of 10.16% and a negative net margin of 4.37%.The firm’s quarterly revenue was down 4.8% on a year-over-year basis. During the same quarter last year, the company earned $0.39 earnings per share. Equities research analysts forecast that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Friday, February 13th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend is Friday, February 13th. Ford Motor’s payout ratio is currently -29.13%.

Institutional Investors Weigh In On Ford Motor

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Corsicana & Co. purchased a new stake in Ford Motor during the third quarter valued at approximately $25,000. Grove Bank & Trust increased its stake in shares of Ford Motor by 110.7% in the 4th quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock worth $25,000 after purchasing an additional 1,000 shares in the last quarter. MV Capital Management Inc. bought a new position in Ford Motor in the 4th quarter worth $25,000. Olistico Wealth LLC bought a new position in Ford Motor in the 4th quarter worth $26,000. Finally, McMillan Office Inc. purchased a new position in Ford Motor during the fourth quarter valued at $26,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on F shares. Weiss Ratings reissued a “buy (b-)” rating on shares of Ford Motor in a research note on Monday, December 22nd. Citigroup lifted their price target on shares of Ford Motor from $11.00 to $13.50 and gave the company a “neutral” rating in a report on Monday, October 27th. TD Cowen increased their target price on Ford Motor from $13.00 to $15.00 and gave the stock a “hold” rating in a research report on Tuesday, January 13th. Piper Sandler raised shares of Ford Motor from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $11.00 to $16.00 in a research report on Thursday, January 8th. Finally, Evercore boosted their target price on Ford Motor from $12.00 to $14.00 and gave the stock an “in-line” rating in a report on Monday, December 22nd. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $13.02.

Ford Motor Company Profile

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.