Ford Motor (NYSE:F) CEO Sells $178,400.00 in Stock

Ford Motor (NYSE:F) CEO James P. Hackett sold 20,000 shares of the firm’s stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $8.92, for a total value of $178,400.00. Following the completion of the sale, the chief executive officer now owns 165,184 shares of the company’s stock, valued at $1,473,441.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

James P. Hackett also recently made the following trade(s):

  • On Thursday, October 3rd, James P. Hackett sold 20,000 shares of Ford Motor stock. The shares were sold at an average price of $8.54, for a total transaction of $170,800.00.

NYSE:F opened at $9.02 on Friday. The company has a market cap of $35.76 billion, a price-to-earnings ratio of 6.94, a price-to-earnings-growth ratio of 1.01 and a beta of 1.09. Ford Motor has a twelve month low of $7.41 and a twelve month high of $10.56. The company has a current ratio of 1.17, a quick ratio of 1.04 and a debt-to-equity ratio of 2.81. The stock has a fifty day simple moving average of $8.93 and a 200-day simple moving average of $9.38.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, October 23rd. The auto manufacturer reported $0.34 EPS for the quarter, topping the Zacks’ consensus estimate of $0.26 by $0.08. The firm had revenue of $33.93 billion for the quarter, compared to analysts’ expectations of $33.88 billion. Ford Motor had a net margin of 1.01% and a return on equity of 15.53%. The business’s revenue for the quarter was down 2.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.29 earnings per share. As a group, equities research analysts predict that Ford Motor will post 1.23 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Tuesday, October 22nd were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, October 21st. This represents a $0.60 dividend on an annualized basis and a yield of 6.65%. Ford Motor’s payout ratio is 46.15%.

Institutional investors have recently added to or reduced their stakes in the business. Ladenburg Thalmann Financial Services Inc. lifted its position in shares of Ford Motor by 14.8% in the 2nd quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,032,860 shares of the auto manufacturer’s stock worth $10,547,000 after purchasing an additional 133,135 shares during the period. Financial Advisors Network Inc. lifted its holdings in Ford Motor by 4.3% during the second quarter. Financial Advisors Network Inc. now owns 159,764 shares of the auto manufacturer’s stock worth $1,523,000 after buying an additional 6,531 shares during the period. Voya Investment Management LLC lifted its holdings in Ford Motor by 8.3% during the third quarter. Voya Investment Management LLC now owns 2,459,509 shares of the auto manufacturer’s stock worth $22,529,000 after buying an additional 189,501 shares during the period. Anchor Bolt Capital LP bought a new stake in Ford Motor during the 2nd quarter valued at $4,676,000. Finally, Investment Partners LTD. bought a new stake in Ford Motor during the 2nd quarter valued at $175,000. 53.51% of the stock is owned by institutional investors.

Several equities research analysts have recently weighed in on F shares. Deutsche Bank downgraded shares of Ford Motor from a “buy” rating to a “hold” rating and reduced their target price for the company from $12.00 to $11.00 in a research note on Thursday, October 24th. Buckingham Research dropped their price target on shares of Ford Motor from $9.00 to $8.00 and set a “neutral” rating for the company in a research note on Tuesday, October 1st. Morgan Stanley reiterated a “buy” rating and set a $12.00 price target on shares of Ford Motor in a report on Thursday, October 31st. ValuEngine raised shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Tuesday. Finally, Bank of America lowered shares of Ford Motor to a “buy” rating and set a $13.00 price objective on the stock. in a research report on Tuesday, September 10th. Two analysts have rated the stock with a sell rating, seven have given a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $10.69.

Ford Motor Company Profile

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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