Investors Buy Shares of Ford Motor (F) on Weakness

Investors purchased shares of Ford Motor (NYSE:F) on weakness during trading hours on Thursday. $160.01 million flowed into the stock on the tick-up and $52.45 million flowed out of the stock on the tick-down, for a money net flow of $107.56 million into the stock. Of all equities tracked, Ford Motor had the 7th highest net in-flow for the day. Ford Motor traded down ($0.14) for the day and closed at $9.46

A number of research firms have issued reports on F. Jefferies Financial Group reissued a “buy” rating and set a $13.00 target price on shares of Ford Motor in a research note on Friday, October 5th. Nomura reduced their target price on shares of Ford Motor from $9.00 to $8.10 and set a “neutral” rating for the company in a research note on Tuesday, October 30th. TheStreet lowered shares of Ford Motor from a “b-” rating to a “c+” rating in a research note on Monday, August 13th. Zacks Investment Research lowered shares of Ford Motor from a “hold” rating to a “sell” rating in a research note on Tuesday, July 17th. Finally, ValuEngine raised shares of Ford Motor from a “strong sell” rating to a “sell” rating in a research note on Wednesday, October 31st. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating and six have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $11.58.

The company has a market capitalization of $37.91 billion, a price-to-earnings ratio of 5.31, a P/E/G ratio of 1.34 and a beta of 0.68. The company has a current ratio of 1.21, a quick ratio of 1.08 and a debt-to-equity ratio of 2.80.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, October 24th. The auto manufacturer reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.01. Ford Motor had a net margin of 3.88% and a return on equity of 15.48%. The company had revenue of $34.66 billion during the quarter, compared to analyst estimates of $32.05 billion. During the same period in the prior year, the business posted $0.43 EPS. On average, research analysts predict that Ford Motor will post 1.34 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 3rd. Investors of record on Tuesday, October 23rd will be issued a $0.15 dividend. The ex-dividend date of this dividend is Monday, October 22nd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.34%. Ford Motor’s payout ratio is currently 33.71%.

In related news, VP Steven R. Armstrong sold 13,000 shares of the business’s stock in a transaction that occurred on Monday, September 24th. The shares were sold at an average price of $9.54, for a total value of $124,020.00. Following the sale, the vice president now directly owns 94,527 shares in the company, valued at approximately $901,787.58. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ray T. Charley bought 4,000 shares of the company’s stock in a transaction that occurred on Monday, October 29th. The stock was acquired at an average price of $12.90 per share, for a total transaction of $51,600.00. The disclosure for this purchase can be found here. 0.95% of the stock is owned by insiders.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in F. Kiley Juergens Wealth Management LLC acquired a new stake in shares of Ford Motor during the second quarter valued at approximately $101,000. Credit Agricole S A raised its holdings in shares of Ford Motor by 135.0% during the second quarter. Credit Agricole S A now owns 9,400 shares of the auto manufacturer’s stock valued at $104,000 after acquiring an additional 5,400 shares during the period. Kaizen Advisory LLC raised its holdings in shares of Ford Motor by 155.5% during the second quarter. Kaizen Advisory LLC now owns 9,745 shares of the auto manufacturer’s stock valued at $108,000 after acquiring an additional 5,931 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new stake in shares of Ford Motor during the second quarter valued at approximately $113,000. Finally, TRUE Private Wealth Advisors acquired a new stake in shares of Ford Motor during the second quarter valued at approximately $112,000. Institutional investors and hedge funds own 54.14% of the company’s stock.

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About Ford Motor (NYSE:F)

Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles; and Lincoln luxury vehicles worldwide. Its Automotive segment sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to fleet customers, including commercial fleet customers, daily rental car companies, and governments.

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