Ford earnings grow 63%

Ford truck

Ford Motor Company (NYSE:F) traded up 1.91% on Thursday, hitting $12.27. Regent Inv Mngmt Ltd Liability Co accumulated 12,029 shares. Ford's revenue increased from $35.94 billion to $36.45 billion.

New Chief Executive Officer Jim Hackett is under pressure to please Wall Street. Ameriprise Financial Inc. increased its stake in Ford Motor by 17.5% in the second quarter. AE Wealth Management LLC lifted its holdings in Ford Motor by 37.5% during the first quarter. Insiders own 1.08% of the company's stock.

Ford also sells the F-150 truck for lighter-duty needs. The automaker's market share dropped slightly in the U.S.to 13.5% despite a 4% rise in sport-ute sales during the period. Ford Motor has a 1-year low of $11.02 and a 1-year high of $15.84. Four analysts have rated the stock with a sell rating, fourteen have given a hold rating and seven have assigned a buy rating to the company. Jefferies maintained the stock with "Hold" rating in Friday, September 8 report. Also, Director John C. Lechleiter bought 5,000 shares of the company's stock in a transaction that occurred on Monday, August 8th.

In related news, insider Sankar S. Nair sold 82,000 shares of the business's stock in a transaction on Tuesday, October 4th. The shares were sold at an average price of $11.50, for a total value of $287,500.00. Following the transaction, the director now directly owns 25,000 shares of the company's stock, valued at approximately $306,500. The disclosure for this sale can be found here. Grimes And Com has invested 0.21% in Ford Motor Company (NYSE:F).

About 24,791 shares traded.

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Based on the strong performance in Q3 2017, Ford Motors has tightened its EPS guidance for 2017 to a range of $1.75 to $1.85, which is in the upper range of its previous guidance. It now expects earnings per share to come in between $1.75 and $1.85.

General Motors Co., which reported earnings Tuesday, also saw truck pricing increases, raking in $43,220 per Chevy Silverado or GMC Sierra sold in the third quarter, or almost $1,300 more than the same period a year ago. Analysts had been expecting earnings of 33 cents per share on $32.9 billion in revenue. Ford Motor had a net margin of 2.52% and a return on equity of 19.69%. The business's revenue was up.9% on a year-over-year basis. Comparatively, F posted earnings of $0.4 per share in the same quarter, a year earlier.

Ford Motor Company reported net income of $1.57 billion in the third quarter of the year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 1st. Investors of record on Thursday, October 27th will be given a dividend of $0.15 per share. Ford Motor's dividend payout ratio (DPR) is now 29.27%.

ILLEGAL ACTIVITY NOTICE: This piece was originally posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this story on another publication, it was illegally stolen and republished in violation of USA and global copyright legislation. Raymond James Financial Services Advisors Inc who had been investing in Ford Mtr Co Del for a number of months, seems to be bullish on the $48.73 billion market cap company. Whether or not Ford Motor Company fits your portfolio, at the very least you will have a greater understanding of the Consumer Goods and Auto Manufacturers - Major.

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