Ford Motor (NYSE:F) CAO Sells $337,031.94 in Stock

Ford Motor (NYSE:FGet Free Report) CAO Mark Kosman sold 26,898 shares of the company’s stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $12.53, for a total transaction of $337,031.94. Following the sale, the chief accounting officer now owns 7,102 shares of the company’s stock, valued at $88,988.06. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Ford Motor Trading Down 1.9 %

NYSE:F opened at $12.18 on Friday. The firm has a market capitalization of $48.40 billion, a P/E ratio of 11.28, a PEG ratio of 0.99 and a beta of 1.63. The company has a debt-to-equity ratio of 2.33, a current ratio of 1.20 and a quick ratio of 1.04. Ford Motor has a one year low of $9.63 and a one year high of $15.42. The company’s 50-day simple moving average is $12.00 and its 200 day simple moving average is $11.66.

Ford Motor (NYSE:FGet Free Report) last posted its quarterly earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.17. The company had revenue of $43.21 billion for the quarter, compared to the consensus estimate of $43.06 billion. Ford Motor had a return on equity of 18.95% and a net margin of 2.47%. The firm’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.51 EPS. As a group, analysts forecast that Ford Motor will post 1.89 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently declared a Variable dividend, which was paid on Friday, March 1st. Stockholders of record on Friday, February 16th were given a $0.33 dividend. This represents a dividend yield of 4.7%. The ex-dividend date of this dividend was Thursday, February 15th. Ford Motor’s dividend payout ratio is presently 55.56%.

Institutional Trading of Ford Motor

Institutional investors have recently bought and sold shares of the company. Quarry LP purchased a new position in shares of Ford Motor in the second quarter worth $28,000. Fairfield Bush & CO. purchased a new position in Ford Motor in the 2nd quarter worth about $29,000. 1832 Asset Management L.P. lifted its stake in Ford Motor by 349.4% during the 2nd quarter. 1832 Asset Management L.P. now owns 2,000 shares of the auto manufacturer’s stock valued at $30,000 after acquiring an additional 1,555 shares during the period. Whittier Trust Co. of Nevada Inc. boosted its holdings in shares of Ford Motor by 835.9% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 2,059 shares of the auto manufacturer’s stock valued at $25,000 after acquiring an additional 1,839 shares during the last quarter. Finally, Cornerstone Planning Group LLC bought a new stake in shares of Ford Motor in the second quarter worth approximately $31,000. 52.73% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. BNP Paribas downgraded shares of Ford Motor from an “outperform” rating to a “neutral” rating and set a $12.00 price objective for the company. in a research note on Wednesday, December 13th. Redburn Atlantic began coverage on Ford Motor in a research report on Wednesday, January 24th. They issued a “sell” rating and a $10.00 price objective on the stock. UBS Group cut Ford Motor from a “buy” rating to a “neutral” rating and set a $12.00 target price on the stock. in a research note on Wednesday, January 17th. Barclays raised their price target on Ford Motor from $14.00 to $15.00 and gave the stock an “overweight” rating in a research note on Thursday, February 8th. Finally, Morgan Stanley upped their price objective on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a report on Tuesday, February 13th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, Ford Motor has an average rating of “Hold” and a consensus price target of $13.81.

View Our Latest Stock Analysis on Ford Motor

Ford Motor Company Profile

(Get Free Report)

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company 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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