Ford Motor (NYSE:F) Shares Up 0.9%

Ford Motor (NYSE:F)’s share price rose 0.9% during mid-day trading on Tuesday . The company traded as high as $10.81 and last traded at $10.65. Approximately 20,317,063 shares traded hands during trading, a decline of 62% from the average daily volume of 53,820,063 shares. The stock had previously closed at $10.56.

Wall Street Analysts Forecast Growth

F has been the topic of a number of research reports. Royal Bank of Canada reduced their target price on shares of Ford Motor from $13.00 to $10.00 and set a “sector perform” rating on the stock in a report on Monday, August 12th. Barclays reduced their target price on shares of Ford Motor from $17.00 to $16.00 and set an “overweight” rating on the stock in a report on Thursday, July 25th. Morgan Stanley lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $16.00 to $12.00 in a report on Wednesday, September 25th. StockNews.com upgraded shares of Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $11.00 target price on shares of Ford Motor in a report on Tuesday, September 10th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $12.72.

Ford Motor Price Performance

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 capitalization of $42.96 billion, a PE ratio of 10.98, a P/E/G ratio of 0.79 and a beta of 1.62. The company’s 50-day simple moving average is $10.80 and its 200-day simple moving average is $11.97.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.68 by ($0.21). The firm 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 firm’s revenue was up 6.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.72 EPS. As a group, sell-side analysts anticipate that Ford Motor will post 1.88 earnings per share for the current year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Wednesday, August 7th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 5.58%. The ex-dividend date was Wednesday, August 7th. Ford Motor’s payout ratio is 61.86%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Olistico Wealth LLC acquired a new stake in Ford Motor in the 2nd quarter valued at about $25,000. Financial Synergies Wealth Advisors Inc. grew 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 valued at $27,000 after acquiring an additional 1,938 shares during the last quarter. Family Firm Inc. acquired a new stake in Ford Motor in the 2nd quarter valued at about $26,000. Quarry LP acquired a new stake in Ford Motor in the 2nd quarter valued at about $27,000. Finally, Fortis Group Advisors LLC lifted its holdings in Ford Motor by 100.0% in the 4th 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 in the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

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.