Ford Motor Company (NYSE:F) insider Ziad S. Ojakli sold 50,309 shares of the company’s stock in a transaction on Thursday, March 16th. The shares were sold at an average price of $12.63, for a total value of $635,402.67. Following the completion of the sale, the insider now directly owns 292,815 shares in the company, valued at approximately $3,698,253.45. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Ford Motor Company (NYSE:F) opened at 12.28 on Tuesday. Ford Motor Company has a 12-month low of $11.07 and a 12-month high of $14.22. The stock has a 50 day moving average price of $12.53 and a 200-day moving average price of $12.32. The stock has a market capitalization of $48.80 billion, a P/E ratio of 10.68 and a beta of 1.02.
Ford Motor Company (NYSE:F) last posted its quarterly earnings data on Thursday, January 26th. The auto manufacturer reported $0.30 EPS for the quarter, missing the Zacks’ consensus estimate of $0.31 by $0.01. Ford Motor Company had a return on equity of 23.23% and a net margin of 3.08%. The firm earned $38.70 billion during the quarter, compared to the consensus estimate of $35.12 billion. During the same period in the prior year, the firm posted $0.58 EPS. The firm’s quarterly revenue was up 2.1% on a year-over-year basis. Equities research analysts expect that Ford Motor Company will post $1.64 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 1st. Stockholders of record on Friday, January 20th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.89%. The ex-dividend date was Wednesday, January 18th. Ford Motor Company’s dividend payout ratio is presently 52.63%.
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Several research firms have weighed in on F. Vetr lowered Ford Motor Company from a “buy” rating to a “hold” rating and set a $13.36 target price on the stock. in a report on Wednesday, December 7th. Jefferies Group LLC set a $12.00 target price on Ford Motor Company and gave the company a “hold” rating in a report on Tuesday, March 14th. Deutsche Bank AG reaffirmed a “hold” rating and set a $13.00 price objective on shares of Ford Motor Company in a research note on Friday, January 27th. BMO Capital Markets assumed coverage on Ford Motor Company in a research note on Tuesday, December 20th. They set a “market perform” rating and a $13.00 price objective on the stock. Finally, Royal Bank of Canada raised Ford Motor Company from a “sector perform” rating to an “outperform” rating and increased their price objective for the company from $13.00 to $14.00 in a research note on Friday, January 27th. They noted that the move was a valuation call. Three analysts have rated the stock with a sell rating, nine have given a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company’s stock. Ford Motor Company currently has an average rating of “Hold” and an average price target of $13.86.
Several hedge funds have recently bought and sold shares of F. Daiwa Securities Group Inc. raised its stake in shares of Ford Motor Company by 16.5% in the third quarter. Daiwa Securities Group Inc. now owns 424,124 shares of the auto manufacturer’s stock worth $5,416,000 after buying an additional 60,101 shares during the period. Morgan Stanley raised its stake in shares of Ford Motor Company by 22.4% in the third quarter. Morgan Stanley now owns 34,669,708 shares of the auto manufacturer’s stock worth $418,463,000 after buying an additional 6,348,720 shares during the period. Paragon Capital Management LLC raised its stake in shares of Ford Motor Company by 7.7% in the third quarter. Paragon Capital Management LLC now owns 739,404 shares of the auto manufacturer’s stock worth $8,924,000 after buying an additional 52,767 shares during the period. AMP Capital Investors Ltd raised its stake in shares of Ford Motor Company by 39.8% in the third quarter. AMP Capital Investors Ltd now owns 1,873,167 shares of the auto manufacturer’s stock worth $22,422,000 after buying an additional 533,141 shares during the period. Finally, Nationwide Fund Advisors raised its stake in shares of Ford Motor Company by 0.6% in the third quarter. Nationwide Fund Advisors now owns 1,146,370 shares of the auto manufacturer’s stock worth $13,837,000 after buying an additional 6,744 shares during the period. 54.19% of the stock is currently owned by institutional investors.
About Ford Motor Company
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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