Hau N. Thai-Tang Sells 19,000 Shares of Ford Motor Company (F) Stock
Ford Motor Company (NYSE:F) insider Hau N. Thai-Tang sold 19,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 29th. The shares were sold at an average price of $12.50, for a total value of $237,500.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Ford Motor Company (F) traded up $0.06 during trading hours on Friday, hitting $12.58. The company’s stock had a trading volume of 52,460,000 shares, compared to its average volume of 34,160,000. The stock has a market capitalization of $50,210.00, a P/E ratio of 7.45, a P/E/G ratio of 0.65 and a beta of 1.25. Ford Motor Company has a 12-month low of $10.47 and a 12-month high of $13.27. The company has a current ratio of 1.19, a quick ratio of 1.08 and a debt-to-equity ratio of 2.94.
Ford Motor (NYSE:F) last posted its earnings results on Thursday, October 26th. The auto manufacturer reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.10. The firm had revenue of $33.65 billion for the quarter, compared to the consensus estimate of $32.80 billion. Ford Motor had a return on equity of 21.62% and a net margin of 2.91%. The business’s quarterly revenue was up .9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.26 earnings per share. equities analysts forecast that Ford Motor Company will post 1.81 earnings per share for the current year.
Several equities analysts have recently issued reports on the company. ValuEngine raised Ford Motor from a “hold” rating to a “buy” rating in a report on Friday. Morgan Stanley reiterated an “equal weight” rating on shares of Ford Motor in a research note on Tuesday. Zacks Investment Research downgraded Ford Motor from a “buy” rating to a “hold” rating in a research note on Wednesday, November 8th. Goldman Sachs Group reiterated a “hold” rating on shares of Ford Motor in a research note on Monday, October 30th. Finally, Citigroup upped their price objective on Ford Motor from $12.00 to $13.00 and gave the company a “neutral” rating in a research note on Monday, October 30th. Two equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and seven have assigned a buy rating to the company’s stock. Ford Motor currently has an average rating of “Hold” and a consensus price target of $12.61.
Several large investors have recently bought and sold shares of F. Archford Capital Strategies LLC increased its holdings in shares of Ford Motor by 7.8% in the first quarter. Archford Capital Strategies LLC now owns 9,361 shares of the auto manufacturer’s stock worth $109,000 after purchasing an additional 676 shares during the period. Captrust Financial Advisors bought a new position in shares of Ford Motor in the second quarter worth $106,000. Balentine LLC increased its holdings in shares of 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. FNY Managed Accounts LLC increased its holdings in shares of Ford Motor by 0.3% in the first quarter. FNY Managed Accounts LLC now owns 10,339 shares of the auto manufacturer’s stock worth $120,000 after purchasing an additional 34 shares during the period. Finally, Kelman Lazarov Inc. bought a new position in shares of Ford Motor in the second quarter worth $116,000. Hedge funds and other institutional investors own 53.78% of the company’s stock.
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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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