Key Points
- William Clay Ford, Jr. acquired 140,000 shares at an average price of $13.82 on Feb. 19 for a total of $1,934,800, raising his holdings to 3,912,600 shares (a 3.71% increase).
- Ford declared a quarterly dividend of $0.15 per share (annualized $0.60) with an ex-dividend date of Feb. 13 and a payable date of Mar. 2, implying a yield of about 4.4%.
- Ford beat Q results with EPS of $0.13 vs. $0.06 expected and revenue of $45.89B vs. $41.78B, though revenue fell 4.8% YoY and net margin was negative 4.37%; analysts have a consensus "Hold" rating and a $13.02 price target.
Ford Motor Company (NYSE:F - Get Free Report) insider William Clay Ford, Jr. acquired 140,000 shares of the business's stock in a transaction that occurred on Thursday, February 19th. The shares were bought at an average price of $13.82 per share, with a total value of $1,934,800.00. Following the completion of the purchase, the insider owned 3,912,600 shares in the company, valued at $54,072,132. This trade represents a 3.71% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Ford Motor Price Performance
NYSE F opened at $13.63 on Tuesday. The company has a current ratio of 1.07, a quick ratio of 0.94 and a debt-to-equity ratio of 2.95. Ford Motor Company has a 12 month low of $8.44 and a 12 month high of $14.50. The stock has a market cap of $54.38 billion, a price-to-earnings ratio of -6.62, a PEG ratio of 0.34 and a beta of 1.66. The company's 50 day moving average is $13.68 and its two-hundred day moving average is $12.80.
Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings data on Wednesday, February 11th. The auto manufacturer reported $0.13 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.06 by $0.07. The firm had revenue of $45.89 billion during the quarter, compared to analysts' expectations of $41.78 billion. Ford Motor had a negative net margin of 4.37% and a positive return on equity of 10.16%. The company's revenue for the quarter was down 4.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.39 earnings per share. As a group, research analysts anticipate that Ford Motor Company will post 1.47 earnings per share for the current year.
Ford Motor Dividend Announcement
The firm also recently declared 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 of this dividend is Friday, February 13th. This represents a $0.60 dividend on an annualized basis and a yield of 4.4%. Ford Motor's dividend payout ratio (DPR) is currently -29.13%.
Institutional Investors Weigh In On Ford Motor
Institutional investors have recently modified their holdings of the stock. Caxton Associates LLP bought a new stake in Ford Motor in the first quarter worth $304,000. Empowered Funds LLC grew its holdings in Ford Motor by 41.6% during the 1st quarter. Empowered Funds LLC now owns 147,760 shares of the auto manufacturer's stock valued at $1,482,000 after purchasing an additional 43,385 shares during the last quarter. D.A. Davidson & CO. raised its position in Ford Motor by 1.0% in the 2nd quarter. D.A. Davidson & CO. now owns 222,338 shares of the auto manufacturer's stock worth $2,412,000 after purchasing an additional 2,163 shares during the period. Ethic Inc. raised its position in Ford Motor by 30.8% in the 2nd quarter. Ethic Inc. now owns 64,566 shares of the auto manufacturer's stock worth $697,000 after purchasing an additional 15,216 shares during the period. Finally, Bleakley Financial Group LLC lifted its stake in Ford Motor by 16.0% in the second quarter. Bleakley Financial Group LLC now owns 74,555 shares of the auto manufacturer's stock worth $809,000 after purchasing an additional 10,280 shares during the last quarter. 58.74% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several research firms recently issued reports on F. Evercore increased their target price on Ford Motor from $12.00 to $14.00 and gave the stock an "in-line" rating in a research report on Monday, December 22nd. Citigroup upped their price target on Ford Motor from $11.00 to $13.50 and gave the stock a "neutral" rating in a research note on Monday, October 27th. Morgan Stanley lifted their price objective on shares of Ford Motor from $11.00 to $14.00 and gave the company an "equal weight" rating in a research report on Monday, December 8th. HSBC upped their target price on shares of Ford Motor from $9.80 to $12.80 and gave the stock a "hold" rating in a research report on Tuesday, January 13th. Finally, Barclays lifted their price target on shares of Ford Motor from $12.00 to $13.00 and gave the company an "equal weight" rating in a report on Friday, January 23rd. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $13.02.
View Our Latest Research Report on Ford Motor
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.
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