Ford Motor (NYSE:F) insider Kiersten Robinson sold 15,000 shares of the firm’s stock in a transaction that occurred on Monday, July 15th. The stock was sold at an average price of $10.50, for a total transaction of $157,500.00. Following the completion of the transaction, the insider now directly owns 51,027 shares of the company’s stock, valued at approximately $535,783.50. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Kiersten Robinson also recently made the following trade(s):
- On Friday, June 28th, Kiersten Robinson sold 15,000 shares of Ford Motor stock. The stock was sold at an average price of $10.25, for a total transaction of $153,750.00.
F stock opened at $10.20 on Friday. Ford Motor has a 12-month low of $7.41 and a 12-month high of $10.74. The company has a current ratio of 1.22, a quick ratio of 1.10 and a debt-to-equity ratio of 2.82. The stock has a market cap of $40.93 billion, a P/E ratio of 7.89, a price-to-earnings-growth ratio of 1.02 and a beta of 1.13. The business has a 50 day moving average of $10.04.
Ford Motor (NYSE:F) last released its quarterly earnings results on Thursday, April 25th. The auto manufacturer reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.26 by $0.18. The business had revenue of $40.34 billion for the quarter, compared to the consensus estimate of $37.37 billion. Ford Motor had a net margin of 1.94% and a return on equity of 14.41%. Ford Motor’s revenue for the quarter was down 3.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.43 EPS. As a group, analysts expect that Ford Motor will post 1.38 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 3rd. Stockholders of record on Tuesday, July 23rd will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, July 22nd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.88%. Ford Motor’s dividend payout ratio is currently 46.15%.
F has been the subject of a number of recent analyst reports. BMO Capital Markets lowered shares of Iamgold from an “outperform” rating to a “market perform” rating in a research note on Monday, May 6th. Zacks Investment Research lowered shares of German American Bancorp. from a “buy” rating to a “hold” rating in a research note on Tuesday, April 30th. Morgan Stanley set a $10.00 price objective on shares of Ford Motor and gave the stock a “hold” rating in a research note on Friday, April 26th. ValuEngine lowered shares of Valero Energy from a “hold” rating to a “sell” rating in a research note on Wednesday, May 8th. Finally, TheStreet lowered shares of Trinity Industries from a “b” rating to a “c” rating in a research note on Thursday, April 25th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $10.70.
Several institutional investors have recently added to or reduced their stakes in the company. Cerebellum GP LLC bought a new position in Ford Motor in the 2nd quarter worth $325,000. Destination Wealth Management raised its holdings in Ford Motor by 27.2% in the 2nd quarter. Destination Wealth Management now owns 5,057 shares of the auto manufacturer’s stock worth $52,000 after acquiring an additional 1,081 shares during the period. Cornerstone Investment Partners LLC raised its holdings in Ford Motor by 1.4% in the 2nd quarter. Cornerstone Investment Partners LLC now owns 200,815 shares of the auto manufacturer’s stock worth $2,054,000 after acquiring an additional 2,830 shares during the period. Robeco Institutional Asset Management B.V. raised its holdings in Ford Motor by 32.7% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 6,072,509 shares of the auto manufacturer’s stock worth $62,121,000 after acquiring an additional 1,497,208 shares during the period. Finally, Bessemer Group Inc. raised its holdings in Ford Motor by 60.0% in the 2nd quarter. Bessemer Group Inc. now owns 45,169 shares of the auto manufacturer’s stock worth $463,000 after acquiring an additional 16,937 shares during the period. Institutional investors and hedge funds own 52.35% 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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