John L. Thornton Buys 10,200 Shares of Ford Motor (F) Stock

Ford Motor (NYSE:F) Director John L. Thornton purchased 10,200 shares of the company’s stock in a transaction dated Thursday, May 23rd. The shares were acquired at an average cost of $9.81 per share, with a total value of $100,062.00. Following the purchase, the director now directly owns 197,290 shares of the company’s stock, valued at approximately $1,935,414.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of F traded down $0.02 during trading hours on Friday, hitting $9.83. 22,122,538 shares of the stock were exchanged, compared to its average volume of 45,378,956. Ford Motor has a fifty-two week low of $7.41 and a fifty-two week high of $12.15. The company has a quick ratio of 1.10, a current ratio of 1.22 and a debt-to-equity ratio of 2.82. The stock has a market cap of $39.06 billion, a PE ratio of 7.56, a price-to-earnings-growth ratio of 1.02 and a beta of 1.12.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Thursday, April 25th. The auto manufacturer reported $0.44 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.26 by $0.18. Ford Motor had a net margin of 1.94% and a return on equity of 14.41%. The company had revenue of $40.34 billion during the quarter, compared to analysts’ expectations of $37.37 billion. During the same period in the prior year, the company posted $0.43 earnings per share. Ford Motor’s revenue for the quarter was down 3.9% compared to the same quarter last year. Sell-side analysts anticipate that Ford Motor will post 1.38 EPS for the current fiscal year.



The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Wednesday, April 24th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 6.10%. The ex-dividend date of this dividend is Tuesday, April 23rd. Ford Motor’s dividend payout ratio (DPR) is presently 46.15%.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Magnus Financial Group LLC lifted its stake in shares of Ford Motor by 7.4% in the first quarter. Magnus Financial Group LLC now owns 15,102 shares of the auto manufacturer’s stock valued at $133,000 after buying an additional 1,035 shares in the last quarter. Cornerstone Advisors Inc. lifted its stake in shares of Ford Motor by 38.2% in the first quarter. Cornerstone Advisors Inc. now owns 3,802 shares of the auto manufacturer’s stock valued at $33,000 after buying an additional 1,051 shares in the last quarter. Boenning & Scattergood Inc. lifted its stake in shares of Ford Motor by 6.6% in the first quarter. Boenning & Scattergood Inc. now owns 17,259 shares of the auto manufacturer’s stock valued at $152,000 after buying an additional 1,063 shares in the last quarter. Anderson Fisher LLC lifted its stake in shares of Ford Motor by 5.3% in the first quarter. Anderson Fisher LLC now owns 21,956 shares of the auto manufacturer’s stock valued at $193,000 after buying an additional 1,110 shares in the last quarter. Finally, Berman Capital Advisors LLC lifted its stake in shares of Ford Motor by 46.6% in the first quarter. Berman Capital Advisors LLC now owns 3,553 shares of the auto manufacturer’s stock valued at $31,000 after buying an additional 1,130 shares in the last quarter. Institutional investors own 52.73% of the company’s stock.

F has been the subject of several analyst reports. ValuEngine downgraded shares of Ford Motor from a “sell” rating to a “strong sell” rating in a research note on Thursday, February 7th. Seaport Global Securities initiated coverage on shares of Ford Motor in a research note on Wednesday, February 13th. They set a “neutral” rating and a $8.46 price target for the company. They noted that the move was a valuation call. Nomura downgraded shares of Ford Motor from a “neutral” rating to a “reduce” rating and dropped their price target for the company from $8.20 to $7.50 in a research note on Friday, April 5th. Citigroup reaffirmed a “reduce” rating on shares of Ford Motor in a research note on Wednesday, April 10th. Finally, 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. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. Ford Motor presently has an average rating of “Hold” and an average target price of $10.48.

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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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