Insider Buying: Ford Motor (NYSE:F) Director Buys 10,000 Shares of Stock

Ford Motor (NYSE:F) Director John C. Lechleiter bought 10,000 shares of the company’s stock in a transaction on Wednesday, February 12th. The shares were bought at an average cost of $8.24 per share, for a total transaction of $82,400.00.

Shares of F opened at $8.10 on Friday. Ford Motor has a 12 month low of $8.02 and a 12 month high of $10.56. The stock has a fifty day moving average price of $8.98 and a 200-day moving average price of $9.06. The company has a current ratio of 1.16, a quick ratio of 1.05 and a debt-to-equity ratio of 3.05. The firm has a market cap of $32.71 billion, a PE ratio of 6.76, a P/E/G ratio of 1.09 and a beta of 1.09.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Tuesday, February 4th. The auto manufacturer reported $0.12 EPS for the quarter, missing the consensus estimate of $0.17 by ($0.05). Ford Motor had a net margin of 0.03% and a return on equity of 13.84%. The business had revenue of $39.70 billion for the quarter, compared to analysts’ expectations of $36.55 billion. During the same quarter in the prior year, the company posted $0.30 EPS. The business’s revenue for the quarter was down 5.0% on a year-over-year basis. As a group, research analysts forecast that Ford Motor will post 1.04 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Thursday, January 30th will be paid a $0.15 dividend. The ex-dividend date is Wednesday, January 29th. This represents a $0.60 dividend on an annualized basis and a yield of 7.41%. Ford Motor’s dividend payout ratio (DPR) is 50.42%.

Several analysts have issued reports on F shares. Benchmark started coverage on Ford Motor in a research report on Thursday, January 9th. They set a “hold” rating on the stock. TheStreet lowered Ford Motor from a “b-” rating to a “c” rating in a report on Tuesday, February 4th. DZ Bank lowered Ford Motor from a “buy” rating to a “sell” rating and set a $7.25 price objective for the company. in a report on Friday, February 7th. Cfra upgraded Ford Motor from a “hold” rating to a “buy” rating and increased their price objective for the company from $9.00 to $10.00 in a report on Tuesday, February 4th. Finally, Morgan Stanley decreased their price objective on Ford Motor from $12.00 to $11.00 and set an “overweight” rating for the company in a report on Monday, February 10th. Four equities research analysts have rated the stock with a sell rating, eight have given a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $10.12.

A number of hedge funds have recently modified their holdings of F. Bank of New York Mellon Corp raised its stake in Ford Motor by 19.2% in the 4th quarter. Bank of New York Mellon Corp now owns 38,491,805 shares of the auto manufacturer’s stock worth $357,973,000 after acquiring an additional 6,201,411 shares during the last quarter. Jacobs Levy Equity Management Inc. raised its stake in Ford Motor by 40.4% in the 4th quarter. Jacobs Levy Equity Management Inc. now owns 9,705,814 shares of the auto manufacturer’s stock worth $90,264,000 after acquiring an additional 2,792,959 shares during the last quarter. Schroder Investment Management Group raised its stake in Ford Motor by 42.5% in the 4th quarter. Schroder Investment Management Group now owns 8,391,366 shares of the auto manufacturer’s stock worth $78,040,000 after acquiring an additional 2,503,166 shares during the last quarter. Great West Life Assurance Co. Can raised its stake in Ford Motor by 56.0% in the 4th quarter. Great West Life Assurance Co. Can now owns 5,515,551 shares of the auto manufacturer’s stock worth $50,826,000 after acquiring an additional 1,980,296 shares during the last quarter. Finally, Ceredex Value Advisors LLC raised its stake in Ford Motor by 56.2% in the 4th quarter. Ceredex Value Advisors LLC now owns 5,313,500 shares of the auto manufacturer’s stock worth $49,416,000 after acquiring an additional 1,910,700 shares during the last quarter. Institutional investors own 53.49% of the company’s stock.

About Ford Motor

Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.

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

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