Investors Buy Ford Motor (F) on Weakness

Traders purchased shares of Ford Motor Company (NYSE:F) on weakness during trading on Thursday. $104.42 million flowed into the stock on the tick-up and $57.17 million flowed out of the stock on the tick-down, for a money net flow of $47.25 million into the stock. Of all companies tracked, Ford Motor had the 16th highest net in-flow for the day. Ford Motor traded down ($0.17) for the day and closed at $12.46

Several research analysts have recently commented on F shares. TheStreet raised Ford Motor from a “c+” rating to a “b-” rating in a research note on Thursday, October 5th. Vetr downgraded Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.54 price objective on the stock. in a research note on Monday, September 4th. Royal Bank of Canada reaffirmed a “buy” rating and issued a $13.00 price objective on shares of Ford Motor in a research note on Monday, September 18th. Standpoint Research raised Ford Motor from a “hold” rating to a “buy” rating in a research note on Wednesday, October 4th. Finally, ValuEngine raised Ford Motor from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Two analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and eight have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $12.61.

The company has a quick ratio of 1.08, a current ratio of 1.19 and a debt-to-equity ratio of 2.94. The company has a market cap of $50,170.00, a PE ratio of 7.49, a PEG ratio of 0.65 and a beta of 1.25.

Ford Motor (NYSE:F) last released 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. Ford Motor had a return on equity of 21.62% and a net margin of 2.91%. The firm had revenue of $33.65 billion during the quarter, compared to analysts’ expectations of $32.80 billion. During the same quarter last year, the business posted $0.26 earnings per share. The firm’s revenue was up .9% on a year-over-year basis. research analysts anticipate that Ford Motor Company will post 1.81 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, December 1st. Investors of record on Monday, October 23rd were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 4.82%. The ex-dividend date was Friday, October 20th. Ford Motor’s dividend payout ratio is currently 54.55%.

In other Ford Motor news, insider Hau N. Thai-Tang sold 25,000 shares of the firm’s stock in a transaction that occurred on Monday, September 25th. The stock was sold at an average price of $12.00, for a total transaction of $300,000.00. Following the completion of the transaction, the insider now owns 51,358 shares in the company, valued at approximately $616,296. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Steven R. Armstrong sold 10,752 shares of the firm’s stock in a transaction that occurred on Wednesday, December 6th. The shares were sold at an average price of $12.32, for a total value of $132,464.64. Following the transaction, the insider now owns 101,159 shares of the company’s stock, valued at approximately $1,246,278.88. The disclosure for this sale can be found here. Insiders have sold 76,828 shares of company stock valued at $943,045 in the last quarter. 1.08% of the stock is currently owned by company insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its holdings in Ford Motor by 1.0% during the 2nd quarter. Vanguard Group Inc. now owns 264,421,059 shares of the auto manufacturer’s stock valued at $2,958,871,000 after buying an additional 2,491,009 shares in the last quarter. BlackRock Inc. grew its holdings in Ford Motor by 2.4% during the 2nd quarter. BlackRock Inc. now owns 234,567,920 shares of the auto manufacturer’s stock valued at $2,624,814,000 after buying an additional 5,562,630 shares in the last quarter. Franklin Resources Inc. grew its holdings in Ford Motor by 5.7% during the 2nd quarter. Franklin Resources Inc. now owns 87,703,958 shares of the auto manufacturer’s stock valued at $981,407,000 after buying an additional 4,706,379 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Ford Motor by 1.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 39,609,473 shares of the auto manufacturer’s stock valued at $474,123,000 after buying an additional 410,123 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in Ford Motor by 7.6% during the 3rd quarter. Bank of New York Mellon Corp now owns 35,817,086 shares of the auto manufacturer’s stock valued at $428,730,000 after buying an additional 2,518,396 shares in the last quarter. Institutional investors and hedge funds 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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