Ford Motor (NYSE:F)’s share price shot up 1.4% during mid-day trading on Wednesday . The stock traded as high as $10.79 and last traded at $10.91. 46,899,967 shares traded hands during mid-day trading, a decline of 19% from the average session volume of 57,908,582 shares. The stock had previously closed at $10.76.

Several research firms recently issued reports on F. Zacks Investment Research upgraded shares of Ford Motor from a “hold” rating to a “buy” rating and set a $14.00 target price for the company in a research note on Tuesday, October 31st. Citigroup boosted their target price on shares of Ford Motor from $12.00 to $13.00 and gave the company a “neutral” rating in a research note on Monday, October 30th. Nomura decreased their target price on shares of Ford Motor to $11.00 and set a “neutral” rating for the company in a research note on Thursday, February 1st. Vetr cut shares of Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.00 target price for the company. in a research note on Monday, January 29th. Finally, Jefferies Group boosted their price target on shares of Ford Motor from $12.00 to $13.00 and gave the stock a “hold” rating in a report on Monday, October 30th. Two equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $12.54.

The company has a market capitalization of $42,741.97, a price-to-earnings ratio of 6.08, a PEG ratio of 0.65 and a beta of 1.13. The company has a debt-to-equity ratio of 2.94, a current ratio of 1.23 and a quick ratio of 1.12.

Ford Motor (NYSE:F) last released its earnings results on Wednesday, January 24th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.42 by ($0.03). Ford Motor had a return on equity of 21.71% and a net margin of 4.85%. The business had revenue of $38.50 billion for the quarter, compared to analysts’ expectations of $36.96 billion. During the same period in the previous year, the company earned $0.30 EPS. Ford Motor’s quarterly revenue was up 6.9% compared to the same quarter last year. analysts predict that Ford Motor will post 1.56 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Tuesday, January 30th will be given a dividend of $0.15 per share. The ex-dividend date is Monday, January 29th. This represents a $0.60 annualized dividend and a dividend yield of 5.58%. Ford Motor’s payout ratio is 31.58%.

In other news, insider Hau N. Thai-Tang sold 19,000 shares of the business’s stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $12.50, for a total transaction of $237,500.00. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Steven R. Armstrong sold 10,752 shares of the business’s stock in a transaction dated Wednesday, December 6th. The shares were sold at an average price of $12.32, for a total transaction of $132,464.64. Following the transaction, the insider now directly owns 101,159 shares in the company, valued at approximately $1,246,278.88. The disclosure for this sale can be found here. In the last three months, insiders have sold 47,752 shares of company stock worth $603,965. Corporate insiders own 1.08% of the company’s stock.

Several hedge funds have recently made changes to their positions in the company. Pzena Investment Management LLC lifted its position in Ford Motor by 6.7% in the third quarter. Pzena Investment Management LLC now owns 25,409,816 shares of the auto manufacturer’s stock valued at $304,155,000 after buying an additional 1,597,098 shares during the last quarter. Advisors Capital Management LLC lifted its position in Ford Motor by 21.2% in the third quarter. Advisors Capital Management LLC now owns 483,120 shares of the auto manufacturer’s stock valued at $5,783,000 after buying an additional 84,375 shares during the last quarter. Chevy Chase Trust Holdings Inc. lifted its position in Ford Motor by 1.7% in the third quarter. Chevy Chase Trust Holdings Inc. now owns 3,748,158 shares of the auto manufacturer’s stock valued at $44,865,000 after buying an additional 64,036 shares during the last quarter. Strs Ohio lifted its position in Ford Motor by 3.8% in the third quarter. Strs Ohio now owns 3,416,273 shares of the auto manufacturer’s stock valued at $40,892,000 after buying an additional 125,660 shares during the last quarter. Finally, FormulaFolio Investments LLC lifted its position in Ford Motor by 171.5% in the third quarter. FormulaFolio Investments LLC now owns 40,257 shares of the auto manufacturer’s stock valued at $482,000 after buying an additional 25,427 shares during the last quarter. 54.10% of the stock is currently owned by hedge funds and other institutional investors.

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Ford Motor Company Profile

Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.

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