Ford Motor (NYSE:F) Trading Up 0.2%

Shares of Ford Motor (NYSE:F) were up 0.2% during trading on Wednesday . The stock traded as high as $12.96 and last traded at $12.90. Approximately 9,878,462 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 50,889,359 shares. The stock had previously closed at $12.87.

Wall Street Analysts Forecast Growth

F has been the subject of several research reports. Piper Sandler started coverage on shares of Ford Motor in a research report on Friday, March 15th. They issued a “neutral” rating and a $13.00 price objective for the company. Royal Bank of Canada raised their price target on Ford Motor from $12.00 to $13.00 and gave the company a “sector perform” rating in a research note on Thursday, April 25th. UBS Group upped their price objective on shares of Ford Motor from $13.00 to $14.00 and gave the stock a “neutral” rating in a research note on Thursday, April 25th. Barclays raised their target price on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research report on Thursday, April 11th. Finally, Citigroup boosted their price target on shares of Ford Motor from $16.00 to $18.00 and gave the company a “buy” rating in a report on Thursday, May 2nd. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, Ford Motor presently has an average rating of “Hold” and a consensus price target of $13.89.

Ford Motor Price Performance

The firm has a market capitalization of $51.38 billion, a PE ratio of 13.27, a price-to-earnings-growth ratio of 0.83 and a beta of 1.62. The company has a debt-to-equity ratio of 2.32, a current ratio of 1.17 and a quick ratio of 0.99. The company’s fifty day simple moving average is $12.20 and its 200-day simple moving average is $12.26.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.07. Ford Motor had a return on equity of 17.63% and a net margin of 2.21%. The company had revenue of $42.78 billion for the quarter, compared to the consensus estimate of $42.93 billion. During the same period last year, the firm earned $0.63 EPS. The firm’s revenue for the quarter was up 3.1% compared to the same quarter last year. On average, analysts forecast that Ford Motor will post 2.02 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 3rd. Stockholders of record on Wednesday, May 8th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.66%. The ex-dividend date of this dividend was Tuesday, May 7th. Ford Motor’s dividend payout ratio (DPR) is presently 61.86%.

Insider Activity

In other news, Director Jon M. Huntsman, Jr. sold 81,234 shares of Ford Motor stock in a transaction dated Friday, May 24th. The shares were sold at an average price of $12.09, for a total value of $982,119.06. Following the sale, the director now owns 168,601 shares in the company, valued at $2,038,386.09. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.40% of the company’s stock.

Institutional Trading of Ford Motor

Several large investors have recently made changes to their positions in the company. Newport Trust Company LLC raised its holdings in Ford Motor by 4.5% in the 4th quarter. Newport Trust Company LLC now owns 155,177,214 shares of the auto manufacturer’s stock valued at $1,891,610,000 after acquiring an additional 6,667,808 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Ford Motor by 0.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 87,661,675 shares of the auto manufacturer’s stock valued at $1,068,596,000 after purchasing an additional 269,887 shares during the last quarter. Fisher Asset Management LLC lifted its position in Ford Motor by 6.3% during the fourth quarter. Fisher Asset Management LLC now owns 59,152,154 shares of the auto manufacturer’s stock worth $721,065,000 after buying an additional 3,522,965 shares in the last quarter. Norges Bank acquired a new position in Ford Motor during the fourth quarter worth $475,899,000. Finally, Dimensional Fund Advisors LP grew its holdings in Ford Motor by 2.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 27,314,520 shares of the auto manufacturer’s stock valued at $333,014,000 after buying an additional 528,823 shares in the last quarter. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

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.