Ford Motor (F) Shares Gap Down to $13.10

Ford Motor (NYSE:F) shares gapped down before the market opened on Thursday . The stock had previously closed at $13.62, but opened at $13.10. Ford Motor shares last traded at $12.18, with a volume of 132412500 shares.

A number of analysts have commented on F shares. Vetr lowered Ford Motor from a “buy” rating to a “hold” rating and set a $12.34 price objective for the company. in a report on Wednesday, September 27th. ValuEngine raised Ford Motor from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Standpoint Research raised Ford Motor from a “hold” rating to a “buy” rating in a report on Wednesday, October 4th. TheStreet raised Ford Motor from a “c+” rating to a “b-” rating in a report on Thursday, October 5th. Finally, FIG Partners reissued a “hold” rating on shares of Ford Motor in a report on Monday, October 9th. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and eight have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $12.66.

The company has a market cap of $47,945.68, a price-to-earnings ratio of 10.91, a PEG ratio of 0.71 and a beta of 1.25. The company has a debt-to-equity ratio of 2.94, a quick ratio of 1.08 and a current ratio of 1.19.

Ford Motor (NYSE:F) last released its earnings results on Thursday, October 26th. The auto manufacturer reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate 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 quarterly revenue was up .9% on a year-over-year basis. During the same period in the prior year, the company posted $0.26 earnings per share. sell-side analysts anticipate that Ford Motor will post 1.78 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Tuesday, January 30th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 5.00%. The ex-dividend date is Monday, January 29th. Ford Motor’s dividend payout ratio is presently 54.55%.

In other news, insider Hau N. Thai-Tang sold 18,000 shares of the company’s stock in a transaction that occurred on Thursday, January 4th. The stock was sold at an average price of $13.00, for a total value of $234,000.00. Following the completion of the transaction, the insider now directly owns 14,358 shares of the company’s stock, valued at $186,654. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Hau N. Thai-Tang sold 19,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 29th. The shares were sold at an average price of $12.50, for a total value of $237,500.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 47,752 shares of company stock valued at $603,965. 1.08% of the stock is currently owned by corporate insiders.

A number of institutional investors have recently bought and sold shares of F. Captrust Financial Advisors purchased a new position in Ford Motor in the second quarter valued at approximately $106,000. Balentine LLC lifted its stake in Ford Motor by 4.0% in the second quarter. Balentine LLC now owns 9,462 shares of the auto manufacturer’s stock valued at $106,000 after purchasing an additional 365 shares during the last quarter. Winslow Evans & Crocker Inc. lifted its stake in Ford Motor by 136.1% in the fourth quarter. Winslow Evans & Crocker Inc. now owns 8,500 shares of the auto manufacturer’s stock valued at $106,000 after purchasing an additional 4,900 shares during the last quarter. Godsey & Gibb Associates purchased a new position in Ford Motor in the second quarter valued at approximately $117,000. Finally, Brighton Jones LLC lifted its stake in Ford Motor by 40.3% in the third quarter. Brighton Jones LLC now owns 19,225 shares of the auto manufacturer’s stock valued at $119,000 after purchasing an additional 5,518 shares during the last quarter. Institutional investors and hedge funds own 53.60% of the company’s stock.

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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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