Ford Motor (NYSE:F) Trading 0.2% Higher

Ford Motor (NYSE:F) traded up 0.2% during trading on Thursday . The stock traded as high as $12.22 and last traded at $12.17. 7,393,606 shares changed hands during mid-day trading, a decline of 86% from the average session volume of 53,257,773 shares. The stock had previously closed at $12.15.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on F. Citigroup lifted their price target on shares of Ford Motor from $16.00 to $18.00 and gave the stock a “buy” rating in a research report on Thursday, May 2nd. Redburn Atlantic started coverage on shares of Ford Motor in a research note on Wednesday, January 24th. They set a “sell” rating and a $10.00 price objective for the company. 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 note on Thursday, April 11th. Piper Sandler started coverage on shares of Ford Motor in a research note on Friday, March 15th. They issued a “neutral” rating and a $13.00 target price for the company. Finally, Royal Bank of Canada raised their price objective on shares of Ford Motor from $12.00 to $13.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 25th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Ford Motor presently has a consensus rating of “Hold” and a consensus target price of $13.74.

Ford Motor Stock Performance

The company’s 50-day moving average price is $12.65 and its 200 day moving average price is $11.81. The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.99 and a current ratio of 1.17. The stock has a market capitalization of $48.43 billion, a PE ratio of 12.51, a PEG ratio of 0.84 and a beta of 1.61.

Ford Motor (NYSE:F) last posted its earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 EPS for the quarter, topping the consensus estimate of $0.42 by $0.07. Ford Motor had a net margin of 2.21% and a return on equity of 17.63%. The firm had revenue of $42.78 billion during the quarter, compared to analysts’ expectations of $42.93 billion. During the same period last year, the company posted $0.63 EPS. The company’s quarterly revenue was up 3.1% compared to the same quarter last year. On average, equities research analysts expect that Ford Motor will post 1.94 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Investors 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 yield of 4.95%. Ford Motor’s dividend payout ratio (DPR) is currently 61.86%.

Insider Buying and Selling at Ford Motor

In other Ford Motor news, CAO Mark Kosman sold 26,898 shares of the firm’s stock in a transaction dated Wednesday, March 6th. The shares were 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 in the company, valued at approximately $88,988.06. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.40% of the stock is owned by company insiders.

Institutional Trading of Ford Motor

A number of large investors have recently made changes to their positions in F. Sequoia Financial Advisors LLC grew its position in Ford Motor by 15.0% during the fourth quarter. Sequoia Financial Advisors LLC now owns 342,150 shares of the auto manufacturer’s stock valued at $4,171,000 after buying an additional 44,581 shares during the period. Pearl River Capital LLC grew its position in Ford Motor by 174.2% during the third 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 bought a new stake in Ford Motor during the third quarter valued at approximately $1,104,000. Mackenzie Financial Corp grew its position in Ford Motor by 110.5% during the third 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 position in Ford Motor by 616.0% during the third 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. 58.74% of the stock is currently owned by 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.