A number of other analysts have also issued reports on the company. TheStreet raised Ford Motor from a c+ rating to a b- rating in a research report on Thursday, October 5th. Vetr lowered Ford Motor from a buy rating to a hold rating and set a $12.60 price objective on the stock. in a research report on Friday, October 6th. Standpoint Research raised Ford Motor from a hold rating to a buy rating in a research report on Wednesday, October 4th. ValuEngine raised Ford Motor from a hold rating to a buy rating in a research report on Monday, October 2nd. Finally, Royal Bank Of Canada reaffirmed a buy rating and set a $13.00 price objective on shares of Ford Motor in a research report on Monday, September 18th. Three research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average price target of $12.44.
Shares of Ford Motor (NYSE:F) traded up 0.17% on Monday, reaching $12.10. The company had a trading volume of 28,171,651 shares. Ford Motor has a 1-year low of $10.47 and a 1-year high of $13.27. The stock has a market capitalization of $48.06 billion, a P/E ratio of 12.74 and a beta of 1.12. The company’s 50 day moving average price is $11.90 and its 200-day moving average price is $11.33.
Ford Motor (NYSE:F) last announced its earnings results on Wednesday, July 26th. The auto manufacturer reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.13. The company had revenue of $36.93 billion for the quarter, compared to analyst estimates of $37.22 billion. Ford Motor had a return on equity of 19.69% and a net margin of 2.52%. The firm’s quarterly revenue was down .5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.52 earnings per share. Equities analysts predict that Ford Motor will post $1.76 EPS for the current year.
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The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 1st. Shareholders of record on Monday, October 23rd will be paid a $0.15 dividend. The ex-dividend date of this dividend is Friday, October 20th. This represents a $0.60 annualized dividend and a yield of 4.96%. Ford Motor’s dividend payout ratio is presently 63.16%.
In other news, insider Joseph R. Hinrichs sold 40,000 shares of the company’s stock in a transaction dated 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 directly owns 532,435 shares of the company’s stock, valued at $6,037,812.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP John T. Lawler sold 80,624 shares of the company’s stock in a transaction dated Thursday, August 3rd. The shares were sold at an average price of $11.00, for a total transaction of $886,864.00. Following the completion of the sale, the vice president now directly owns 10 shares of the company’s stock, valued at $110. The disclosure for this sale can be found here. Insiders sold 217,700 shares of company stock valued at $2,486,044 in the last 90 days. 1.08% of the stock is currently owned by insiders.
Large investors have recently made changes to their positions in the company. Bridgewater Associates LP purchased a new stake in shares of Ford Motor in the first quarter valued at about $2,342,000. Mathes Company Inc. purchased a new stake in shares of Ford Motor in the second quarter valued at about $571,000. CWA Asset Management Group LLC purchased a new stake in shares of Ford Motor in the first quarter valued at about $122,000. AE Wealth Management LLC raised its holdings in shares of Ford Motor by 37.5% in the first quarter. AE Wealth Management LLC now owns 170,943 shares of the auto manufacturer’s stock valued at $1,990,000 after buying an additional 46,598 shares during the last quarter. Finally, Meag Munich Ergo Kapitalanlagegesellschaft MBH raised its holdings in shares of Ford Motor by 133.0% in the first quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH now owns 584,761 shares of the auto manufacturer’s stock valued at $6,805,000 after buying an additional 333,821 shares during the last quarter. 54.33% of the stock is owned by institutional investors and hedge funds.
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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