Ford Motor (NYSE:F) Stock Price Up 0.9%

Ford Motor (NYSE:F) shares rose 0.9% on Thursday . The stock traded as high as $12.17 and last traded at $12.15. Approximately 9,358,934 shares were traded during trading, a decline of 82% from the average daily volume of 52,821,285 shares. The stock had previously closed at $12.04.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on F. Royal Bank of Canada reissued a “sector perform” rating and set a $12.00 price target on shares of Ford Motor in a report on Wednesday, February 7th. Redburn Atlantic began coverage on Ford Motor in a research note on Wednesday, January 24th. They issued a “sell” rating and a $10.00 target price on the stock. UBS Group downgraded Ford Motor from a “buy” rating to a “neutral” rating and set a $12.00 price target for the company. in a report on Wednesday, January 17th. Citigroup boosted their price objective on shares of Ford Motor from $15.00 to $16.00 and gave the company a “buy” rating in a research note on Wednesday, February 7th. Finally, Morgan Stanley raised their target price on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 13th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, Ford Motor presently has an average rating of “Hold” and an average target price of $13.82.

Ford Motor Stock Up 0.7 %

The firm has a 50 day moving average of $12.59 and a two-hundred day moving average of $11.76. The company has a current ratio of 1.20, a quick ratio of 1.04 and a debt-to-equity ratio of 2.33. The stock has a market capitalization of $48.26 billion, a PE ratio of 11.25, a P/E/G ratio of 0.96 and a beta of 1.63.

Ford Motor (NYSE:F) last released its quarterly earnings data on Tuesday, February 6th. The auto manufacturer reported $0.29 EPS for the quarter, topping the consensus estimate of $0.12 by $0.17. Ford Motor had a net margin of 2.47% and a return on equity of 18.95%. The business had revenue of $43.21 billion for the quarter, compared to analyst estimates of $43.06 billion. During the same period in the previous year, the firm earned $0.51 EPS. The business’s revenue for the quarter was up 3.5% compared to the same quarter last year. Equities research analysts anticipate that Ford Motor will post 1.89 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently disclosed a Variable dividend, which was paid on Friday, March 1st. Stockholders of record on Friday, February 16th were paid a dividend of $0.33 per share. The ex-dividend date was Thursday, February 15th. This represents a dividend yield of 4.7%. Ford Motor’s dividend payout ratio (DPR) is 55.56%.

Insider Activity at Ford Motor

In other news, CAO Mark Kosman sold 26,898 shares of the business’s stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total value of $337,031.94. Following the completion of the transaction, the chief accounting officer now directly owns 7,102 shares of the company’s stock, valued at $88,988.06. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.80% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Ford Motor

Institutional investors have recently modified their holdings of the company. Whittier Trust Co. of Nevada Inc. grew its stake in Ford Motor by 835.9% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 2,059 shares of the auto manufacturer’s stock worth $25,000 after acquiring an additional 1,839 shares during the period. Fortis Group Advisors LLC grew its position in shares of Ford Motor by 100.0% in the fourth quarter. Fortis Group Advisors LLC now owns 2,172 shares of the auto manufacturer’s stock valued at $26,000 after purchasing an additional 1,086 shares during the period. Milestone Investment Advisors LLC acquired a new position in Ford Motor in the third quarter valued at $27,000. Voisard Asset Management Group Inc. purchased a new position in Ford Motor during the fourth quarter worth about $27,000. Finally, Financial Synergies Wealth Advisors Inc. boosted its stake in Ford Motor by 1,997.9% in the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock worth $27,000 after buying an additional 1,938 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Company Profile

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company 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.