Investors Sell Ford Motor (F) on Strength (F)
Traders sold shares of Ford Motor Company (NYSE:F) on strength during trading on Tuesday. $36.64 million flowed into the stock on the tick-up and $85.95 million flowed out of the stock on the tick-down, for a money net flow of $49.31 million out of the stock. Of all equities tracked, Ford Motor had the 0th highest net out-flow for the day. Ford Motor traded up $0.10 for the day and closed at $12.21
F has been the subject of several recent analyst reports. Vetr upgraded Ford Motor from a “hold” rating to a “buy” rating and set a $13.24 target price for the company in a research note on Friday, October 13th. Standpoint Research upgraded Ford Motor from a “hold” rating to a “buy” rating in a research note on Wednesday, October 4th. ValuEngine cut Ford Motor from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Zacks Investment Research cut Ford Motor from a “buy” rating to a “hold” rating in a research note on Wednesday, November 8th. Finally, BidaskClub upgraded Ford Motor from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 26th. Two analysts have rated the stock with a sell rating, sixteen have given a hold rating and seven have assigned a buy rating to the company. Ford Motor presently has a consensus rating of “Hold” and a consensus target price of $12.63.
The stock has a market cap of $48,501.81, a price-to-earnings ratio of 7.27, a PEG ratio of 0.63 and a beta of 1.24. The company has a debt-to-equity ratio of 2.94, a current ratio of 1.19 and a quick ratio of 1.08.
Ford Motor (NYSE:F) last announced its quarterly earnings results on Thursday, October 26th. The auto manufacturer reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.10. The company had revenue of $33.65 billion during the quarter, compared to the consensus estimate of $32.80 billion. Ford Motor had a net margin of 2.91% and a return on equity of 21.62%. The company’s revenue for the quarter was up .9% compared to the same quarter last year. During the same period 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 fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 1st. Investors of record on Monday, October 23rd will be issued a $0.15 dividend. The ex-dividend date of this dividend is Friday, October 20th. This represents a $0.60 dividend on an annualized basis and a yield of 4.78%. Ford Motor’s payout ratio is 54.55%.
In related news, insider James D. Farley, Jr. sold 25,000 shares of the stock in a transaction on Monday, September 11th. The stock was sold at an average price of $11.40, for a total value of $285,000.00. Following the completion of the sale, the insider now directly owns 403,411 shares in the company, valued at $4,598,885.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Joseph R. Hinrichs sold 40,000 shares of the stock in a transaction on Tuesday, September 5th. The shares were sold at an average price of $11.34, for a total value of $453,600.00. Following the completion of the sale, the insider now owns 532,435 shares of the company’s stock, valued at $6,037,812.90. The disclosure for this sale can be found here. Insiders sold 137,076 shares of company stock valued at $1,599,180 over the last 90 days. 1.08% of the stock is currently owned by company insiders.
A number of hedge funds and other institutional investors have recently bought and sold shares of F. Caisse DE Depot ET Placement DU Quebec boosted its position in Ford Motor by 34.8% during the first quarter. Caisse DE Depot ET Placement DU Quebec now owns 3,200,600 shares of the auto manufacturer’s stock valued at $37,296,000 after acquiring an additional 827,000 shares during the last quarter. Regal Investment Advisors LLC boosted its position in Ford Motor by 1.0% during the first quarter. Regal Investment Advisors LLC now owns 79,454 shares of the auto manufacturer’s stock valued at $925,000 after acquiring an additional 771 shares during the last quarter. Palouse Capital Management Inc. boosted its position in shares of Ford Motor by 7.7% during the 1st quarter. Palouse Capital Management Inc. now owns 487,740 shares of the auto manufacturer’s stock worth $5,677,000 after purchasing an additional 34,859 shares in the last quarter. Morgan Stanley boosted its position in shares of Ford Motor by 11.5% during the 1st quarter. Morgan Stanley now owns 39,103,837 shares of the auto manufacturer’s stock worth $455,168,000 after purchasing an additional 4,040,717 shares in the last quarter. Finally, BlackRock Inc. boosted its position in shares of Ford Motor by 2,991.4% during the 1st quarter. BlackRock Inc. now owns 229,005,290 shares of the auto manufacturer’s stock worth $2,665,619,000 after purchasing an additional 221,597,419 shares in the last quarter. Institutional investors and hedge funds 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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