Insider Buying: Ford Motor (NYSE:F) Insider Buys 140,000 Shares of Stock

Ford Motor Company (NYSE:F) insider William Clay Ford, Jr. acquired 140,000 shares of the business’s stock in a transaction on Thursday, February 19th. The stock was acquired at an average price of $13.82 per share, for a total transaction of $1,934,800.00. Following the acquisition, the insider owned 3,912,600 shares of the company’s stock, valued at approximately $54,072,132. This trade represents a 3.71% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Ford Motor Stock Down 2.7%

Shares of F traded down $0.38 during mid-day trading on Monday, reaching $13.63. The company had a trading volume of 58,542,586 shares, compared to its average volume of 69,528,344. The company has a debt-to-equity ratio of 2.95, a quick ratio of 0.94 and a current ratio of 1.07. The company has a market capitalization of $54.31 billion, a price-to-earnings ratio of -6.62, a price-to-earnings-growth ratio of 0.34 and a beta of 1.66. The firm has a 50-day moving average price of $13.68 and a 200 day moving average price of $12.78. Ford Motor Company has a 52 week low of $8.44 and a 52 week high of $14.50.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, February 11th. The auto manufacturer reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $41.78 billion. During the same quarter last year, the company earned $0.39 EPS. The firm’s revenue for the quarter was down 4.8% on a year-over-year basis. On average, sell-side analysts forecast that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Friday, February 13th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date is Friday, February 13th. Ford Motor’s dividend payout ratio (DPR) is currently -29.13%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on F. Royal Bank Of Canada reiterated a “sector perform” rating and set a $12.00 price target on shares of Ford Motor in a report on Wednesday, February 11th. Evercore increased their target price on Ford Motor from $12.00 to $14.00 and gave the company an “in-line” rating in a research note on Monday, December 22nd. Morgan Stanley boosted their price target on Ford Motor from $11.00 to $14.00 and gave the stock an “equal weight” rating in a research note on Monday, December 8th. Zacks Research raised Ford Motor from a “hold” rating to a “strong-buy” rating in a report on Monday, January 12th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Ford Motor in a report on Monday, December 22nd. One 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’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $13.02.

Hedge Funds Weigh In On Ford Motor

A number of institutional investors and hedge funds have recently made changes to their positions in F. Corsicana & Co. purchased a new position in shares of Ford Motor during the 3rd quarter worth $25,000. Grove Bank & Trust lifted its position in Ford Motor by 110.7% during the fourth quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock valued at $25,000 after purchasing an additional 1,000 shares in the last quarter. MV Capital Management Inc. purchased a new position in Ford Motor during the fourth quarter valued at $25,000. Olistico Wealth LLC bought a new stake in Ford Motor during the fourth quarter valued at about $26,000. Finally, McMillan Office Inc. purchased a new stake in Ford Motor in the fourth quarter worth about $26,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

About Ford Motor

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.