Ford Motor (NYSE:F) Stock Price Up 0.8%

Ford Motor (NYSE:F)’s stock price traded up 0.8% during mid-day trading on Thursday . The stock traded as high as $11.25 and last traded at $11.07. 9,891,335 shares changed hands during trading, a decline of 82% from the average session volume of 53,764,949 shares. The stock had previously closed at $10.98.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on F shares. Royal Bank of Canada lowered their price objective on shares of Ford Motor from $13.00 to $10.00 and set a “sector perform” rating on the stock in a research note on Monday, August 12th. StockNews.com upgraded shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. Wolfe Research started coverage on Ford Motor in a research report on Thursday, September 5th. They set a “peer perform” rating for the company. Barclays lowered their target price on Ford Motor from $17.00 to $16.00 and set an “overweight” rating on the stock in a report on Thursday, July 25th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $11.00 price target on shares of Ford Motor in a report on Tuesday, September 10th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, Ford Motor currently has an average rating of “Hold” and a consensus target price of $12.95.

Ford Motor Stock Down 0.6 %

The firm has a fifty day simple moving average of $11.23 and a 200 day simple moving average of $12.04. The company has a debt-to-equity ratio of 2.30, a quick ratio of 1.00 and a current ratio of 1.17. The company has a market cap of $43.32 billion, a PE ratio of 11.19, a PEG ratio of 0.76 and a beta of 1.62.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.21). The company had revenue of $47.81 billion for the quarter, compared to analyst estimates of $47.79 billion. Ford Motor had a return on equity of 15.28% and a net margin of 2.13%. The business’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same period last year, the company posted $0.72 EPS. Equities research analysts predict that Ford Motor will post 1.88 EPS for the current year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Wednesday, August 7th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.53%. The ex-dividend date of this dividend was Wednesday, August 7th. Ford Motor’s payout ratio is currently 61.86%.

Hedge Funds Weigh In On Ford Motor

A number of large investors have recently modified their holdings of F. Price T Rowe Associates Inc. MD lifted its holdings in shares of Ford Motor by 1.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,349,276 shares of the auto manufacturer’s stock valued at $71,039,000 after acquiring an additional 59,082 shares in the last quarter. Wedmont Private Capital lifted its stake in shares of Ford Motor by 33.1% during the first quarter. Wedmont Private Capital now owns 17,124 shares of the auto manufacturer’s stock worth $232,000 after purchasing an additional 4,255 shares in the last quarter. Hodges Capital Management Inc. grew its stake in shares of Ford Motor by 18.3% in the first quarter. Hodges Capital Management Inc. now owns 95,500 shares of the auto manufacturer’s stock valued at $1,268,000 after buying an additional 14,750 shares in the last quarter. Focus Financial Network Inc. ADV acquired a new stake in shares of Ford Motor in the fourth quarter valued at about $2,812,000. Finally, Park Avenue Securities LLC lifted its position in Ford Motor by 9.6% during the 1st quarter. Park Avenue Securities LLC now owns 155,951 shares of the auto manufacturer’s stock worth $2,071,000 after acquiring an additional 13,597 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.