Ford Motor (NYSE:F) Trading Down 0.1%

Ford Motor (NYSE:F)’s share price was down 0.1% during trading on Tuesday . The company traded as low as $10.87 and last traded at $10.90. Approximately 9,283,670 shares changed hands during mid-day trading, a decline of 83% from the average daily volume of 53,766,730 shares. The stock had previously closed at $10.91.

Analysts Set New Price Targets

A number of brokerages have recently commented on F. Evercore ISI upgraded shares of Ford Motor to a “hold” rating in a research note on Friday, July 26th. Wolfe Research assumed coverage on Ford Motor in a research note on Thursday, September 5th. They issued a “peer perform” rating on the stock. Barclays cut their price target on Ford Motor from $17.00 to $16.00 and set an “overweight” rating for the company in a research note on Thursday, July 25th. StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. Finally, Wells Fargo & Company cut their price target on Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a report on Tuesday, September 10th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, Ford Motor currently has a consensus rating of “Hold” and an average target price of $12.95.

Ford Motor Trading Down 0.5 %

The company’s 50 day simple moving average is $11.16 and its two-hundred day simple moving average is $12.02. The company has a market cap of $43.32 billion, a PE ratio of 11.24, a price-to-earnings-growth ratio of 0.76 and a beta of 1.62. The company has a debt-to-equity ratio of 2.30, a current ratio of 1.17 and a quick ratio of 1.00.

Ford Motor (NYSE:F) last posted its 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 business had revenue of $47.81 billion during the quarter, compared to analysts’ expectations of $47.79 billion. Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The business’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same period last year, the company earned $0.72 EPS. As a group, sell-side analysts anticipate that Ford Motor will post 1.88 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 7th were issued a $0.15 dividend. The ex-dividend date was Wednesday, August 7th. This represents a $0.60 annualized dividend and a yield of 5.53%. Ford Motor’s dividend payout ratio (DPR) is presently 61.86%.

Institutional Trading of Ford Motor

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Fisher Asset Management LLC raised its position in shares of Ford Motor by 6.3% in the 4th quarter. Fisher Asset Management LLC now owns 59,150,709 shares of the auto manufacturer’s stock worth $721,047,000 after buying an additional 3,521,520 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Ford Motor by 27.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 36,190,972 shares of the auto manufacturer’s stock valued at $453,732,000 after purchasing an additional 7,793,944 shares in the last quarter. Legal & General Group Plc grew its holdings in shares of Ford Motor by 1.0% during the 2nd quarter. Legal & General Group Plc now owns 31,823,353 shares of the auto manufacturer’s stock worth $399,066,000 after purchasing an additional 318,715 shares during the period. LSV Asset Management raised its holdings in Ford Motor by 1.6% in the second quarter. LSV Asset Management now owns 20,115,487 shares of the auto manufacturer’s stock valued at $252,248,000 after buying an additional 312,496 shares during the period. Finally, Jacobs Levy Equity Management Inc. lifted its position in Ford Motor by 11.0% during the first quarter. Jacobs Levy Equity Management Inc. now owns 12,290,204 shares of the auto manufacturer’s stock valued at $163,214,000 after buying an additional 1,214,640 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

About Ford Motor

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.