Ford Motor (NYSE:F) insider Ashwani Kumar Galhotra sold 31,415 shares of the company’s stock in a transaction that occurred on Friday, March 2nd. The stock was sold at an average price of $10.34, for a total transaction of $324,831.10. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Shares of Ford Motor (F) traded up $0.24 on Wednesday, reaching $11.02. 91,983,319 shares of the company’s stock traded hands, compared to its average volume of 48,450,000. The stock has a market cap of $43,790.00, a PE ratio of 6.12, a P/E/G ratio of 0.66 and a beta of 1.12. The company has a quick ratio of 1.12, a current ratio of 1.23 and a debt-to-equity ratio of 2.94. Ford Motor has a fifty-two week low of $10.14 and a fifty-two week high of $13.48.
Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, January 24th. The auto manufacturer reported $0.39 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.42 by ($0.03). The firm had revenue of $38.50 billion for the quarter, compared to analysts’ expectations of $36.96 billion. Ford Motor had a net margin of 4.85% and a return on equity of 21.71%. The company’s quarterly revenue was up 6.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.30 EPS. analysts predict that Ford Motor will post 1.54 earnings per share for the current fiscal year.
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Winslow Evans & Crocker Inc. raised its holdings in Ford Motor by 136.1% in the 4th quarter. Winslow Evans & Crocker Inc. now owns 8,500 shares of the auto manufacturer’s stock worth $106,000 after purchasing an additional 4,900 shares in the last quarter. Brighton Jones LLC raised its holdings in Ford Motor by 40.3% in the 3rd quarter. Brighton Jones LLC now owns 19,225 shares of the auto manufacturer’s stock worth $119,000 after purchasing an additional 5,518 shares in the last quarter. Wealthcare Advisory Partners LLC bought a new position in Ford Motor in the 3rd quarter worth $124,000. Certified Advisory Corp bought a new position in Ford Motor in the 4th quarter worth $124,000. Finally, Cedar Capital LLC bought a new position in Ford Motor in the 4th quarter worth $126,000. 61.59% of the stock is owned by institutional investors and hedge funds.
A number of equities analysts have recently commented on the stock. Zacks Investment Research raised shares of Ford Motor from a “hold” rating to a “buy” rating and set a $15.00 price target on the stock in a report on Tuesday, January 9th. Royal Bank of Canada reissued a “hold” rating and issued a $14.00 price target on shares of Ford Motor in a report on Wednesday, December 20th. ValuEngine raised shares of Ford Motor from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Cascend Securities lowered shares of Ford Motor to a “buy” rating in a report on Tuesday, December 5th. Finally, Morgan Stanley reissued an “equal weight” rating on shares of Ford Motor in a report on Tuesday, November 28th. Two investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $12.44.
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About Ford Motor
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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