John C. Lechleiter Purchases 10,000 Shares of Ford Motor (F) Stock

Ford Motor (NYSE:F) Director John C. Lechleiter bought 10,000 shares of Ford Motor stock in a transaction on Friday, May 10th. The shares were purchased at an average cost of $10.32 per share, for a total transaction of $103,200.00. Following the completion of the purchase, the director now directly owns 55,000 shares of the company’s stock, valued at $567,600. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of F stock traded up $0.20 during trading on Tuesday, reaching $10.28. The company’s stock had a trading volume of 20,494,374 shares, compared to its average volume of 43,567,426. The company has a debt-to-equity ratio of 2.82, a quick ratio of 1.10 and a current ratio of 1.22. The stock has a market capitalization of $41.24 billion, a P/E ratio of 7.90, a price-to-earnings-growth ratio of 1.01 and a beta of 1.12. Ford Motor has a 1-year low of $7.41 and a 1-year high of $12.15.

Ford Motor (NYSE:F) last announced its quarterly earnings data 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 firm had revenue of $40.34 billion during the quarter, compared to analysts’ expectations of $37.37 billion. Ford Motor had a net margin of 1.94% and a return on equity of 14.41%. The business’s quarterly revenue was down 3.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.43 earnings per share. On average, research analysts forecast that Ford Motor will post 1.38 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, April 24th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.84%. The ex-dividend date of this dividend is Tuesday, April 23rd. Ford Motor’s dividend payout ratio (DPR) is currently 46.15%.

A number of research firms have recently issued reports on F. Morgan Stanley set a $10.00 price target on shares of Ford Motor and gave the company a “hold” rating in a research note on Friday, April 26th. TheStreet raised shares of Ford Motor from a “c” rating to a “b-” rating in a research note on Thursday, April 25th. BMO Capital Markets boosted their price target on shares of Ford Motor from $8.50 to $10.00 and gave the company a “market perform” rating in a research note on Monday, May 6th. ValuEngine raised shares of Ford Motor from a “sell” rating to a “hold” rating in a research note on Wednesday, May 8th. Finally, Zacks Investment Research raised shares of Ford Motor from a “hold” rating to a “strong-buy” rating and set a $12.00 price target on the stock in a research note on Tuesday, April 30th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $10.57.

Several hedge funds have recently made changes to their positions in the stock. AdvisorNet Financial Inc raised its position in Ford Motor by 39.3% during the 1st quarter. AdvisorNet Financial Inc now owns 75,574 shares of the auto manufacturer’s stock worth $664,000 after buying an additional 21,317 shares during the last quarter. Anderson Fisher LLC raised its position in Ford Motor by 5.3% during the 1st quarter. Anderson Fisher LLC now owns 21,956 shares of the auto manufacturer’s stock worth $193,000 after buying an additional 1,110 shares during the last quarter. RPg Family Wealth Advisory LLC raised its position in Ford Motor by 11,941.0% during the 1st quarter. RPg Family Wealth Advisory LLC now owns 308,612 shares of the auto manufacturer’s stock worth $2,710,000 after buying an additional 306,049 shares during the last quarter. GYL Financial Synergies LLC purchased a new position in Ford Motor during the 1st quarter worth $381,000. Finally, Westpac Banking Corp raised its position in Ford Motor by 89.0% during the 1st quarter. Westpac Banking Corp now owns 1,131,403 shares of the auto manufacturer’s stock worth $9,934,000 after buying an additional 532,922 shares during the last quarter. Hedge funds and other institutional investors own 53.16% of the company’s stock.

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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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