Ford Motor (F) Director Buys $51,400.00 in Stock

Ford Motor (NYSE:F) Director John C. Lechleiter acquired 5,000 shares of the company’s stock in a transaction dated Friday, February 9th. The shares were bought at an average cost of $10.28 per share, with a total value of $51,400.00. Following the completion of the acquisition, the director now directly owns 30,000 shares in the company, valued at approximately $308,400. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Shares of Ford Motor (NYSE:F) traded up $0.17 during midday trading on Monday, hitting $10.70. 27,894,771 shares of the company traded hands, compared to its average volume of 59,704,090. Ford Motor has a one year low of $10.19 and a one year high of $13.48. The company has a debt-to-equity ratio of 2.94, a current ratio of 1.23 and a quick ratio of 1.12. The stock has a market capitalization of $42,340.00, a PE ratio of 5.62, a P/E/G ratio of 0.63 and a beta of 1.14.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, January 24th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.03). Ford Motor had a net margin of 4.85% and a return on equity of 21.71%. The company had revenue of $38.50 billion for the quarter, compared to analysts’ expectations of $36.96 billion. During the same quarter in the prior year, the firm earned $0.30 EPS. Ford Motor’s quarterly revenue was up 6.9% compared to the same quarter last year. equities analysts anticipate that Ford Motor will post 1.56 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 1st. Investors of record on Tuesday, January 30th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.61%. The ex-dividend date is Monday, January 29th. Ford Motor’s dividend payout ratio is currently 31.58%.

F has been the subject of several recent research reports. Zacks Investment Research raised shares of Ford Motor from a “hold” rating to a “buy” rating and set a $14.00 price target for the company in a research note on Tuesday, October 31st. Citigroup boosted their price target on shares of Ford Motor from $12.00 to $13.00 and gave the stock a “neutral” rating in a research note on Monday, October 30th. Nomura lowered their price target on shares of Ford Motor to $11.00 and set a “neutral” rating for the company in a research note on Thursday, February 1st. Vetr downgraded shares of Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.00 price target for the company. in a research note on Monday, January 29th. Finally, Jefferies Group boosted their price objective on shares of Ford Motor from $12.00 to $13.00 and gave the company a “hold” rating in a research report on Monday, October 30th. Two investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and seven have given a buy rating to the stock. Ford Motor presently has an average rating of “Hold” and a consensus target price of $12.54.

Several hedge funds and other institutional investors have recently made changes to their positions in F. Balentine LLC grew its holdings in Ford Motor by 4.0% in the second quarter. Balentine LLC now owns 9,462 shares of the auto manufacturer’s stock worth $106,000 after purchasing an additional 365 shares during the period. Winslow Evans & Crocker Inc. lifted its stake in shares of Ford Motor by 136.1% in the fourth quarter. Winslow Evans & Crocker Inc. now owns 8,500 shares of the auto manufacturer’s stock worth $106,000 after buying an additional 4,900 shares in the last quarter. Brighton Jones LLC lifted its stake in shares of Ford Motor by 40.3% in the third quarter. Brighton Jones LLC now owns 19,225 shares of the auto manufacturer’s stock worth $119,000 after buying an additional 5,518 shares in the last quarter. Wealthcare Advisory Partners LLC bought a new position in shares of Ford Motor in the third quarter worth approximately $124,000. Finally, Colony Group LLC bought a new position in shares of Ford Motor in the second quarter worth approximately $125,000. Institutional investors own 54.06% of the company’s stock.

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About Ford Motor

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.

Insider Buying and Selling by Quarter for Ford Motor (NYSE:F)

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