William Clay Ford, Jr. Acquires 140,000 Shares of Ford Motor (NYSE:F) Stock

Ford Motor Company (NYSE:F) insider William Clay Ford, Jr. purchased 140,000 shares of the stock in a transaction on Thursday, February 19th. The shares were purchased at an average cost of $13.82 per share, for a total transaction of $1,934,800.00. Following the acquisition, the insider directly owned 3,912,600 shares of the company’s stock, valued at approximately $54,072,132. This represents a 3.71% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Ford Motor Price Performance

Shares of NYSE F traded down $0.38 during midday trading on Monday, reaching $13.63. The stock had a trading volume of 58,542,586 shares, compared to its average volume of 69,528,344. The company has a debt-to-equity ratio of 2.95, a quick ratio of 0.94 and a current ratio of 1.07. Ford Motor Company has a 12-month low of $8.44 and a 12-month high of $14.50. The stock has a 50-day moving average of $13.68 and a 200-day moving average of $12.78. The company has a market capitalization of $54.31 billion, a price-to-earnings ratio of -6.62, a price-to-earnings-growth ratio of 0.34 and a beta of 1.66.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, February 11th. The auto manufacturer reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.06 by $0.07. The business had revenue of $45.89 billion during the quarter, compared to analyst estimates of $41.78 billion. Ford Motor had a positive return on equity of 10.16% and a negative net margin of 4.37%.Ford Motor’s revenue for the quarter was down 4.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.39 EPS. As a group, research analysts anticipate that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Friday, February 13th will be given a dividend of $0.15 per share. The ex-dividend date is Friday, February 13th. This represents a $0.60 annualized dividend and a dividend yield of 4.4%. Ford Motor’s dividend payout ratio (DPR) is currently -29.13%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Caxton Associates LLP purchased a new position in shares of Ford Motor in the 1st quarter worth approximately $304,000. Empowered Funds LLC boosted its stake in Ford Motor by 41.6% during the first quarter. Empowered Funds LLC now owns 147,760 shares of the auto manufacturer’s stock worth $1,482,000 after buying an additional 43,385 shares during the period. D.A. Davidson & CO. increased its position in Ford Motor by 1.0% during the second quarter. D.A. Davidson & CO. now owns 222,338 shares of the auto manufacturer’s stock valued at $2,412,000 after acquiring an additional 2,163 shares during the last quarter. Ethic Inc. raised its stake in shares of Ford Motor by 30.8% in the second quarter. Ethic Inc. now owns 64,566 shares of the auto manufacturer’s stock valued at $697,000 after acquiring an additional 15,216 shares during the period. Finally, Bleakley Financial Group LLC lifted its holdings in shares of Ford Motor by 16.0% in the 2nd quarter. Bleakley Financial Group LLC now owns 74,555 shares of the auto manufacturer’s stock worth $809,000 after acquiring an additional 10,280 shares during the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Wall Street Analyst Weigh In

F has been the subject of several recent analyst reports. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $12.00 price objective on shares of Ford Motor in a report on Wednesday, February 11th. Piper Sandler upgraded shares of Ford Motor from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $11.00 to $16.00 in a research report on Thursday, January 8th. Barclays lifted their price target on shares of Ford Motor from $12.00 to $13.00 and gave the company an “equal weight” rating in a report on Friday, January 23rd. Wall Street Zen downgraded shares of Ford Motor from a “buy” rating to a “sell” rating in a report on Saturday, February 14th. Finally, UBS Group raised their price objective on Ford Motor from $12.50 to $15.00 and gave the company a “neutral” rating in a research report on Wednesday, January 14th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $13.02.

Ford Motor Company Profile

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.