Ford Motor (NYSE:F) Insider Purchases $1,934,800.00 in Stock

Ford Motor Company (NYSE:FGet Free Report) insider William Clay Ford, Jr. purchased 140,000 shares of Ford Motor stock in a transaction that occurred on Thursday, February 19th. The shares were bought at an average cost of $13.82 per share, for a total transaction of $1,934,800.00. Following the completion of the transaction, the insider directly owned 3,912,600 shares in the company, valued at $54,072,132. This represents a 3.71% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available through this link.

Ford Motor Stock Performance

Shares of F stock opened at $14.43 on Thursday. The company has a debt-to-equity ratio of 2.95, a current ratio of 1.07 and a quick ratio of 0.94. The company’s fifty day moving average price is $13.71 and its two-hundred day moving average price is $12.83. The firm has a market capitalization of $57.55 billion, a P/E ratio of -7.00, a P/E/G ratio of 0.34 and a beta of 1.66. Ford Motor Company has a 12 month low of $8.44 and a 12 month high of $14.50.

Ford Motor (NYSE:FGet Free Report) last announced its earnings results on Wednesday, February 11th. The auto manufacturer reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.07. Ford Motor had a positive return on equity of 10.16% and a negative net margin of 4.37%.The company had revenue of $45.89 billion during the quarter, compared to the consensus estimate of $41.78 billion. During the same period last year, the firm earned $0.39 earnings per share. The company’s revenue was down 4.8% on a year-over-year basis. On average, research analysts anticipate that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Friday, February 13th will be issued a dividend of $0.15 per share. The ex-dividend date is Friday, February 13th. This represents a $0.60 annualized dividend and a yield of 4.2%. Ford Motor’s payout ratio is currently -29.13%.

Hedge Funds Weigh In On Ford Motor

A number of institutional investors and hedge funds have recently bought and sold shares of F. Parkside Financial Bank & Trust lifted its stake in shares of Ford Motor by 7.4% in the 4th quarter. Parkside Financial Bank & Trust now owns 10,999 shares of the auto manufacturer’s stock worth $144,000 after acquiring an additional 756 shares during the period. Robertson Stephens Wealth Management LLC raised its position in Ford Motor by 1.8% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 42,683 shares of the auto manufacturer’s stock worth $560,000 after acquiring an additional 761 shares in the last quarter. CRA Financial Services LLC lifted its holdings in Ford Motor by 4.4% in the 4th quarter. CRA Financial Services LLC now owns 18,327 shares of the auto manufacturer’s stock valued at $240,000 after acquiring an additional 775 shares during the last quarter. Cary Street Partners Investment Advisory LLC boosted its position in shares of Ford Motor by 16.5% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 5,470 shares of the auto manufacturer’s stock valued at $65,000 after purchasing an additional 776 shares in the last quarter. Finally, Cyndeo Wealth Partners LLC grew its stake in shares of Ford Motor by 7.2% in the 4th quarter. Cyndeo Wealth Partners LLC now owns 11,697 shares of the auto manufacturer’s stock worth $153,000 after purchasing an additional 784 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Barclays raised their price target on shares of Ford Motor from $12.00 to $13.00 and gave the stock an “equal weight” rating in a research report on Friday, January 23rd. Piper Sandler upgraded shares of Ford Motor from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $11.00 to $16.00 in a research note on Thursday, January 8th. Royal Bank Of Canada reissued a “sector perform” rating and set a $12.00 price objective on shares of Ford Motor in a report on Wednesday, February 11th. UBS Group upped their target price on shares of Ford Motor from $12.50 to $15.00 and gave the company a “neutral” rating in a research note on Wednesday, January 14th. Finally, Zacks Research raised shares of Ford Motor from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 12th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Ford Motor currently has a consensus rating of “Hold” and an average price target of $13.02.

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Ford Motor News Summary

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About Ford Motor

(Get Free Report)

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.

Further Reading

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