Published: Thu, March 30, 2017
Economy | By Melissa Porter

Ford Motor Company (F) Chairman Buys $1999992.93 in Stock

General Motors Company (NYSE:GM) is now trading with the volume of 12.78 Million. Moreover, Dubuque Bancorporation has 0% invested in Ford Motor Company (NYSE:F). The shares were purchased at $11.67 per share for a total value of $1,999,992.88, the company said in a SEC Form 4 Filing. According to the Analysts, the Low Earnings estimate for the current quarter is $1.14, while the High earnings estimate is $1.73.Comparatively, EPS for the same quarter past year was $1.17. The firm's quarterly revenue was up 2.1% compared to the same quarter previous year. BlackRock Fund Advisors boosted its position in shares of Ford Motor Company by 3.4% in the third quarter. The price to current year EPS estimates from research analysts now stands at 11.939. Los Angeles Capital Management & Equity Research Inc. now owns 6,758,818 shares of the auto manufacturer's stock valued at $81,579,000 after buying an additional 6,497,402 shares during the period. Morgan Stanley raised its stake in shares of Ford Motor Company by 22.4% in the third quarter. Additionally, BofA/Merrill Downgrade its ratings on the stock to Neutral. Hedge funds and other institutional investors own 54.19% of the company's stock. Given that its average daily volume over the 30 days has been 15.21 million shares a day, this signifies a pretty significant change over the norm. Private Ocean Lc accumulated 259 shares or 0% of the stock.

F has a 1-year high price of $14.22 and 1-year low price of $11.07. Looking out over the past year, company shares have been recorded -14.72% off the 52 week high and 7.03% away from the low over the same period.Covering sell-side analysts have recently weighed in on shares of Ford Motor Company (NYSE:F).

Now we look at the Moving Averages, the 200-day is 8.6, the 50-day is -2.21 and the 20-day is -2.15. The company reported its last quarter on Dec 16. Ward now anticipates that the brokerage will earn $0.36 per share for the quarter, down from their previous estimate of $0.46. During the same quarter in the prior year, the firm posted $0.58 earnings per share. The stock gained a consensus recommendation of 2.33 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 1st. 13 have given the stock a Hold rating, 0 as Underperform and 0 as Sell. The ex-dividend date of this dividend was Wednesday, March 8th. Ford Motor Company (NYSE:F) has declined 5.74% since August 22, 2016 and is downtrending.

Relative strength index (RSI-14) for Ford Motor Company (F) is at 23.72. If you are reading this article on another domain, it was illegally copied and reposted in violation of US & global trademark & copyright legislation.

171,379 shares of Ford Motor Co were acquired by William Ford, the firm's Exec. Chairman and Chairman.

GM has been the topic of several analyst reports.

FORD MOTOR COMPANY (F) has received mean Analyst rating of 2.81 from polled analysts at Reuters 3 Month Ago. Deutsche Bank AG reiterated a "hold" rating and issued a $13.00 price target on shares of Ford Motor Company in a report on Friday, January 27th. The average analysts gave this company a mean recommendation of 2.30. The company has market cap of $388.06 billion. Howland Capital Management LLC now owns 12,643 shares of the auto manufacturer's stock valued at $153,000 after buying an additional 169 shares in the last quarter. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company's stock. The company presently has an average rating of Buy and a consensus price target of $13.80.

In related news, insider Stefan Jacoby sold 2,540 shares of the stock in a transaction that occurred on Monday, January 9th. These analysts and investment firms use various valuation methods to decide a price target for a stock. Following the sale, the insider now directly owns 31,885 shares in the company, valued at $422,476.25.

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