Insider Selling: Ford Motor Company (F) Insider Sells 25,000 Shares of Stock
Ford Motor Company (NYSE:F) insider Hau N. Thai-Tang sold 25,000 shares of the business’s stock in a transaction dated Wednesday, September 6th. The stock was sold at an average price of $11.50, for a total value of $287,500.00. Following the transaction, the insider now directly owns 76,358 shares of the company’s stock, valued at approximately $878,117. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Ford Motor Company (F) traded down 0.87% during trading on Thursday, reaching $11.40. The company’s stock had a trading volume of 30,271,005 shares. The stock’s 50-day moving average is $11.01 and its 200 day moving average is $11.39. Ford Motor Company has a 12 month low of $10.47 and a 12 month high of $13.27. The company has a market cap of $45.28 billion, a P/E ratio of 12.00 and a beta of 1.12.
Ford Motor (NYSE:F) last released its earnings results on Wednesday, July 26th. The auto manufacturer reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.13. Ford Motor had a net margin of 2.52% and a return on equity of 19.69%. The business had revenue of $36.93 billion for the quarter, compared to analyst estimates of $37.22 billion. During the same quarter in the previous year, the business earned $0.52 earnings per share. Ford Motor’s revenue for the quarter was down .5% on a year-over-year basis. On average, equities analysts forecast that Ford Motor Company will post $1.75 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 1st. Stockholders of record on Monday, July 24th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, July 20th. This represents a $0.60 annualized dividend and a dividend yield of 5.26%. Ford Motor’s dividend payout ratio is currently 63.16%.
COPYRIGHT VIOLATION WARNING: This report was originally published by American Banking News and is the property of of American Banking News. If you are accessing this report on another website, it was copied illegally and republished in violation of U.S. and international copyright and trademark law. The original version of this report can be accessed at https://www.americanbankingnews.com/2017/09/07/insider-selling-ford-motor-company-f-insider-sells-25000-shares-of-stock.html.
Hedge funds and other institutional investors have recently made changes to their positions in the company. Balentine LLC raised its holdings in shares of Ford Motor by 2.6% during the first quarter. Balentine LLC now owns 9,097 shares of the auto manufacturer’s stock valued at $106,000 after purchasing an additional 231 shares during the period. Archford Capital Strategies LLC raised its holdings in shares of Ford Motor by 7.8% during the first quarter. Archford Capital Strategies LLC now owns 9,361 shares of the auto manufacturer’s stock valued at $109,000 after purchasing an additional 676 shares during the period. Captrust Financial Advisors acquired a new position in shares of Ford Motor during the second quarter valued at about $106,000. Reilly Financial Advisors LLC raised its holdings in shares of Ford Motor by 1.5% during the second quarter. Reilly Financial Advisors LLC now owns 9,856 shares of the auto manufacturer’s stock valued at $110,000 after purchasing an additional 150 shares during the period. Finally, FNY Managed Accounts LLC raised its holdings in shares of Ford Motor by 0.3% during the first quarter. FNY Managed Accounts LLC now owns 10,339 shares of the auto manufacturer’s stock valued at $120,000 after purchasing an additional 34 shares during the period. Hedge funds and other institutional investors own 54.34% of the company’s stock.
Several equities analysts have commented on the company. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $14.00 price target on shares of Ford Motor in a report on Monday, May 15th. Jefferies Group LLC reaffirmed a “hold” rating and issued a $12.00 price target on shares of Ford Motor in a report on Monday, May 22nd. Deutsche Bank AG reaffirmed a “hold” rating and issued a $14.00 price target on shares of Ford Motor in a report on Wednesday, May 24th. Vetr cut Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.45 price target for the company. in a report on Wednesday, May 31st. Finally, Morgan Stanley upped their price target on Ford Motor from $9.00 to $10.00 and gave the company an “underweight” rating in a report on Friday, June 9th. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating and ten have given a buy rating to the company. Ford Motor currently has an average rating of “Hold” and an average price target of $12.54.
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.
Receive News & Ratings for Ford Motor Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ford Motor Company and related companies with MarketBeat.com's FREE daily email newsletter.