Ford Motor Company (NYSE:F) insider Steven R. Armstrong sold 10,752 shares of the business’s stock in a transaction that occurred on Wednesday, December 6th. The stock was sold at an average price of $12.32, for a total value of $132,464.64. Following the sale, the insider now directly owns 101,159 shares in the company, valued at $1,246,278.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Ford Motor Company (F) traded up $0.08 during trading on Friday, reaching $12.61. The company’s stock had a trading volume of 21,217,510 shares, compared to its average volume of 32,663,100. The company has a debt-to-equity ratio of 2.94, a quick ratio of 1.08 and a current ratio of 1.19. The stock has a market capitalization of $49,772.94, a price-to-earnings ratio of 7.46, a P/E/G ratio of 0.65 and a beta of 1.24. Ford Motor Company has a one year low of $10.47 and a one year high of $13.27.
Ford Motor (NYSE:F) last posted its earnings results on Thursday, October 26th. The auto manufacturer reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.10. The company had revenue of $33.65 billion during the quarter, compared to analyst estimates of $32.80 billion. Ford Motor had a return on equity of 21.62% and a net margin of 2.91%. Ford Motor’s revenue was up .9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.26 earnings per share. research analysts anticipate that Ford Motor Company will post 1.81 earnings per share for the current year.
The business also recently announced a quarterly dividend, which was paid on Friday, December 1st. Shareholders of record on Monday, October 23rd were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, October 20th. This represents a $0.60 dividend on an annualized basis and a yield of 4.76%. Ford Motor’s dividend payout ratio is currently 54.55%.
A number of research firms have recently commented on F. Cascend Securities cut Ford Motor to a “buy” rating in a research note on Tuesday. Vetr cut Ford Motor from a “buy” rating to a “hold” rating and set a $12.34 target price on the stock. in a research note on Wednesday, September 27th. Morgan Stanley reaffirmed an “equal weight” rating on shares of Ford Motor in a research note on Tuesday, November 28th. ValuEngine raised Ford Motor from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Finally, FIG Partners reaffirmed a “hold” rating on shares of Ford Motor in a research note on Monday, October 9th. Two analysts have rated the stock with a sell rating, fifteen have given a hold rating and eight have issued a buy rating to the stock. Ford Motor currently has an average rating of “Hold” and an average target price of $12.61.
A number of institutional investors have recently bought and sold shares of the business. Captrust Financial Advisors acquired a new position in shares of Ford Motor during the second quarter worth $106,000. Balentine LLC increased its position in shares of Ford Motor by 4.0% during the second quarter. Balentine LLC now owns 9,462 shares of the auto manufacturer’s stock worth $106,000 after purchasing an additional 365 shares in the last quarter. Archford Capital Strategies LLC increased its position in shares of Ford Motor by 7.8% during the first quarter. Archford Capital Strategies LLC now owns 9,361 shares of the auto manufacturer’s stock worth $109,000 after purchasing an additional 676 shares in the last quarter. Kelman Lazarov Inc. acquired a new position in shares of Ford Motor during the second quarter worth $116,000. Finally, Godsey & Gibb Associates acquired a new position in shares of Ford Motor during the second quarter worth $117,000. Institutional investors own 53.78% of the company’s stock.
Ford Motor Company Profile
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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