Ford Motor (NYSE:F) Trading Up 2%

Shares of Ford Motor (NYSE:F) were up 2% during trading on Thursday . The company traded as high as $12.55 and last traded at $12.45. Approximately 14,261,319 shares traded hands during mid-day trading, a decline of 74% from the average daily volume of 53,967,363 shares. The stock had previously closed at $12.20.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Piper Sandler assumed coverage on shares of Ford Motor in a research note on Friday, March 15th. They set a “neutral” rating and a $13.00 price objective for the company. Royal Bank of Canada boosted their target price on shares of Ford Motor from $12.00 to $13.00 and gave the company a “sector perform” rating in a research note on Thursday, April 25th. Redburn Atlantic assumed coverage on shares of Ford Motor in a research note on Wednesday, January 24th. They issued a “sell” rating and a $10.00 target price for the company. Morgan Stanley boosted their target price on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research note on Tuesday, February 13th. Finally, Barclays boosted their price target on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a report on Thursday, April 11th. One 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. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $14.02.

Ford Motor Price Performance

The company has a market capitalization of $49.27 billion, a PE ratio of 12.84, a price-to-earnings-growth ratio of 0.82 and a beta of 1.61. 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 50 day simple moving average is $12.63 and its 200 day simple moving average is $11.80.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 EPS for the quarter, beating the consensus estimate of $0.42 by $0.07. The company had revenue of $42.78 billion for the quarter, compared to analyst estimates of $42.93 billion. Ford Motor had a net margin of 2.21% and a return on equity of 17.63%. The firm’s revenue was up 3.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.63 earnings per share. As a group, sell-side analysts predict that Ford Motor will post 1.94 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Wednesday, May 8th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, May 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.84%. Ford Motor’s dividend payout ratio (DPR) is presently 61.86%.

Insider Buying and Selling

In related news, CAO Mark Kosman sold 26,898 shares of the stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total transaction of $337,031.94. Following the completion of the sale, the chief accounting officer now directly owns 7,102 shares of the company’s stock, valued at $88,988.06. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.80% of the company’s stock.

Institutional Investors Weigh In On Ford Motor

Hedge funds and other institutional investors have recently bought and sold shares of the business. Sequoia Financial Advisors LLC increased its position in Ford Motor by 15.0% during the 4th quarter. Sequoia Financial Advisors LLC now owns 342,150 shares of the auto manufacturer’s stock worth $4,171,000 after purchasing an additional 44,581 shares in the last quarter. Pearl River Capital LLC grew its holdings in Ford Motor by 174.2% in the 3rd quarter. Pearl River Capital LLC now owns 332,161 shares of the auto manufacturer’s stock valued at $4,125,000 after buying an additional 211,037 shares during the period. TIAA Trust National Association purchased a new stake in Ford Motor in the 3rd quarter valued at about $1,104,000. Mackenzie Financial Corp grew its holdings in Ford Motor by 110.5% in the 3rd quarter. Mackenzie Financial Corp now owns 700,928 shares of the auto manufacturer’s stock valued at $8,460,000 after buying an additional 367,977 shares during the period. Finally, Axxcess Wealth Management LLC grew its holdings in Ford Motor by 616.0% in the 3rd quarter. Axxcess Wealth Management LLC now owns 300,951 shares of the auto manufacturer’s stock valued at $3,738,000 after buying an additional 258,920 shares during the period. 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.