Traders Buy Ford Motor (F) on Weakness
Investors purchased shares of Ford Motor (NYSE:F) on weakness during trading hours on Thursday. $178.21 million flowed into the stock on the tick-up and $100.39 million flowed out of the stock on the tick-down, for a money net flow of $77.82 million into the stock. Of all equities tracked, Ford Motor had the 5th highest net in-flow for the day. Ford Motor traded down ($0.11) for the day and closed at $12.07
Several equities analysts recently issued reports on the stock. Vetr lowered shares of Ford Motor from a “buy” rating to a “hold” rating and set a $12.34 price objective on the stock. in a report on Wednesday, September 27th. FIG Partners reissued a “hold” rating on shares of Ford Motor in a report on Monday, October 9th. TheStreet raised shares of Ford Motor from a “c+” rating to a “b-” rating in a report on Thursday, October 5th. Royal Bank of Canada reissued a “sector perform” rating and set a $13.00 price objective on shares of Ford Motor in a report on Monday, October 16th. Finally, Jefferies Group lifted their price target on shares of Ford Motor from $12.00 to $13.00 and gave the stock a “hold” rating in a report on Monday, October 30th. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eight have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $12.66.
The stock has a market cap of $47,670.00, a price-to-earnings ratio of 10.91, a PEG ratio of 0.71 and a beta of 1.26. The company has a debt-to-equity ratio of 2.94, a current ratio of 1.19 and a quick ratio of 1.08.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Tuesday, January 30th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.00%. The ex-dividend date of this dividend is Monday, January 29th. Ford Motor’s dividend payout ratio (DPR) is presently 54.55%.
In other news, insider Steven R. Armstrong sold 10,752 shares of the business’s stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $12.32, for a total transaction of $132,464.64. Following the sale, the insider now directly owns 101,159 shares of the company’s stock, valued at $1,246,278.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Hau N. Thai-Tang sold 19,000 shares of the business’s stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $12.50, for a total transaction of $237,500.00. The disclosure for this sale can be found here. Insiders have sold 47,752 shares of company stock worth $603,965 over the last three months. Corporate insiders own 1.08% of the company’s stock.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Captrust Financial Advisors acquired a new position in Ford Motor during the second quarter valued at $106,000. Balentine LLC lifted its position in Ford Motor by 4.0% during the second quarter. Balentine LLC now owns 9,462 shares of the auto manufacturer’s stock valued at $106,000 after purchasing an additional 365 shares during the period. Winslow Evans & Crocker Inc. lifted its position in Ford Motor by 136.1% during the fourth quarter. Winslow Evans & Crocker Inc. now owns 8,500 shares of the auto manufacturer’s stock valued at $106,000 after purchasing an additional 4,900 shares during the period. Godsey & Gibb Associates acquired a new position in Ford Motor during the second quarter valued at $117,000. Finally, Brighton Jones LLC raised its position 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 acquiring an additional 5,518 shares during the period. Institutional investors own 53.60% of the company’s stock.
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 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ford Motor and related companies with MarketBeat.com's FREE daily email newsletter.