Investors Sell Ford Motor Company (F) on Strength (F)
Traders sold shares of Ford Motor Company (NYSE:F) on strength during trading on Monday. $95.33 million flowed into the stock on the tick-up and $155.74 million flowed out of the stock on the tick-down, for a money net flow of $60.41 million out of the stock. Of all companies tracked, Ford Motor had the 0th highest net out-flow for the day. Ford Motor traded up $0.32 for the day and closed at $11.35
Several analysts recently commented on F shares. Vetr lowered Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.45 target price on the stock. in a report on Wednesday, May 31st. Wolfe Research started coverage on Ford Motor in a report on Tuesday, June 13th. They set a “market perform” rating on the stock. Berenberg Bank set a $10.00 target price on Ford Motor and gave the stock a “sell” rating in a report on Monday, August 14th. Piper Jaffray Companies reaffirmed a “buy” rating and set a $14.00 target price on shares of Ford Motor in a report on Friday, July 28th. Finally, BidaskClub raised Ford Motor from a “strong sell” rating to a “sell” rating in a report on Saturday, August 26th. Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and ten have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $12.54.
The stock has a market cap of $45.12 billion, a price-to-earnings ratio of 11.96 and a beta of 1.12. The firm’s 50-day moving average is $11.02 and its 200-day moving average is $11.39.
Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, July 26th. The auto manufacturer reported $0.56 earnings per share for the quarter, topping analysts’ consensus estimates of $0.43 by $0.13. The business had revenue of $36.93 billion for the quarter, compared to analysts’ expectations of $37.22 billion. Ford Motor had a return on equity of 19.69% and a net margin of 2.52%. The company’s revenue was down .5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.52 EPS. Analysts expect that Ford Motor Company will post $1.75 EPS for the current year.
The company also recently declared a quarterly dividend, which was paid on Friday, September 1st. Investors of record on Monday, July 24th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.28%. The ex-dividend date was Thursday, July 20th. Ford Motor’s dividend payout ratio is currently 63.16%.
In related news, insider Joseph R. Hinrichs sold 40,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 5th. The stock was sold at an average price of $11.34, for a total value of $453,600.00. Following the sale, the insider now owns 532,435 shares of the company’s stock, valued at approximately $6,037,812.90. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, VP John T. Lawler sold 80,624 shares of the company’s stock in a transaction that occurred on Thursday, August 3rd. The shares were sold at an average price of $11.00, for a total value of $886,864.00. Following the completion of the sale, the vice president now directly owns 10 shares in the company, valued at approximately $110. The disclosure for this sale can be found here. In the last 90 days, insiders sold 145,624 shares of company stock worth $1,619,464. Insiders own 1.08% of the company’s stock.
Hedge funds have recently bought and sold shares of the stock. Balentine LLC lifted its stake in Ford Motor by 2.6% in the 1st quarter. Balentine LLC now owns 9,097 shares of the auto manufacturer’s stock valued at $106,000 after buying an additional 231 shares in the last quarter. Archford Capital Strategies LLC lifted its stake in Ford Motor by 7.8% in the 1st quarter. Archford Capital Strategies LLC now owns 9,361 shares of the auto manufacturer’s stock valued at $109,000 after buying an additional 676 shares in the last quarter. Captrust Financial Advisors purchased a new stake in Ford Motor in the 2nd quarter valued at approximately $106,000. Reilly Financial Advisors LLC lifted its stake in Ford Motor by 1.5% in the 2nd quarter. Reilly Financial Advisors LLC now owns 9,856 shares of the auto manufacturer’s stock valued at $110,000 after buying an additional 150 shares in the last quarter. Finally, FNY Managed Accounts LLC lifted its stake in Ford Motor by 0.3% in the 1st quarter. FNY Managed Accounts LLC now owns 10,339 shares of the auto manufacturer’s stock valued at $120,000 after buying an additional 34 shares in the last quarter. 54.34% of the stock is currently owned by hedge funds and other institutional investors.
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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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