Ford Motor (NYSE:F) insider Kiersten Robinson sold 15,000 shares of Ford Motor stock in a transaction dated Monday, July 15th. The stock was sold at an average price of $10.50, for a total value of $157,500.00. Following the sale, the insider now directly owns 51,027 shares in the company, valued at $535,783.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Kiersten Robinson also recently made the following trade(s):
- On Friday, June 28th, Kiersten Robinson sold 15,000 shares of Ford Motor stock. The stock was sold at an average price of $10.25, for a total value of $153,750.00.
Shares of Ford Motor stock opened at $10.26 on Friday. The company has a debt-to-equity ratio of 2.82, a quick ratio of 1.10 and a current ratio of 1.22. The company has a market capitalization of $41.21 billion, a price-to-earnings ratio of 7.95, a P/E/G ratio of 1.02 and a beta of 1.13. Ford Motor has a fifty-two week low of $7.41 and a fifty-two week high of $10.90. The company has a 50-day moving average price of $10.03.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 3rd. Shareholders of record on Tuesday, July 23rd will be paid a $0.15 dividend. The ex-dividend date of this dividend is Monday, July 22nd. This represents a $0.60 dividend on an annualized basis and a yield of 5.85%. Ford Motor’s payout ratio is currently 46.15%.
A number of brokerages have recently issued reports on F. Credit Suisse Group began coverage on Magna International in a research report on Wednesday, June 26th. They set a “neutral” rating and a $55.00 target price on the stock. Citigroup began coverage on Dicks Sporting Goods in a research report on Wednesday, April 10th. They set a “neutral” rating and a $40.00 target price on the stock. Bank of America reaffirmed a “hold” rating on shares of TELUS in a research report on Friday, May 10th. Jefferies Financial Group lowered their price objective on CommVault Systems to $65.00 and set a “buy” rating for the company in a report on Tuesday, April 30th. They noted that the move was a valuation call. Finally, Goldman Sachs Group set a $13.00 price objective on Ford Motor and gave the company a “buy” rating in a report on Thursday, June 13th. Three analysts have rated the stock with a sell rating, nine have issued a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. Ford Motor has a consensus rating of “Hold” and a consensus target price of $10.70.
A number of hedge funds have recently modified their holdings of the business. Norges Bank acquired a new position in shares of Ford Motor during the fourth quarter worth approximately $161,692,000. Geode Capital Management LLC boosted its position in shares of Ford Motor by 8.2% during the fourth quarter. Geode Capital Management LLC now owns 52,343,847 shares of the auto manufacturer’s stock worth $399,887,000 after buying an additional 3,950,938 shares during the period. SG Americas Securities LLC boosted its position in shares of Ford Motor by 147.8% during the first quarter. SG Americas Securities LLC now owns 1,162,396 shares of the auto manufacturer’s stock worth $10,206,000 after buying an additional 3,593,791 shares during the period. Millennium Management LLC boosted its position in shares of Ford Motor by 4,908.8% during the fourth quarter. Millennium Management LLC now owns 3,259,172 shares of the auto manufacturer’s stock worth $24,933,000 after buying an additional 3,326,947 shares during the period. Finally, Gotham Asset Management LLC acquired a new position in shares of Ford Motor during the fourth quarter worth approximately $14,421,000. Institutional investors own 52.35% of the company’s stock.
About Ford Motor
Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified 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.
Further Reading: Buy-Side Analysts
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