Ford Motor (NYSE:F) Shares Down 2.4%

Shares of Ford Motor (NYSE:F) fell 2.4% on Friday . The stock traded as low as $12.66 and last traded at $12.73. 13,059,465 shares changed hands during trading, a decline of 75% from the average session volume of 52,855,801 shares. The stock had previously closed at $13.04.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on F. Barclays boosted their target price on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Thursday. UBS Group cut Ford Motor from a “buy” rating to a “neutral” rating and set a $12.00 price objective for the company. in a research note on Wednesday, January 17th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $12.00 price objective on shares of Ford Motor in a research note on Wednesday, February 7th. Morgan Stanley boosted their price objective on Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research note on Tuesday, February 13th. Finally, Redburn Atlantic began coverage on Ford Motor in a research note on Wednesday, January 24th. They issued a “sell” rating and a $10.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the stock. According to MarketBeat, Ford Motor presently has a consensus rating of “Hold” and a consensus price target of $13.82.

Ford Motor Price Performance

The company has a quick ratio of 1.04, a current ratio of 1.20 and a debt-to-equity ratio of 2.33. The company has a market cap of $50.11 billion, a price-to-earnings ratio of 11.68, a price-to-earnings-growth ratio of 1.03 and a beta of 1.63. The company has a fifty day simple moving average of $12.62 and a two-hundred day simple moving average of $11.77.

Ford Motor (NYSE:F) last posted its earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.17. The company had revenue of $43.21 billion for the quarter, compared to analyst estimates of $43.06 billion. Ford Motor had a return on equity of 18.95% and a net margin of 2.47%. Ford Motor’s revenue was up 3.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.51 earnings per share. On average, equities research analysts anticipate that Ford Motor will post 1.9 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently disclosed a Variable dividend, which was paid on Friday, March 1st. Stockholders of record on Friday, February 16th were given a $0.33 dividend. The ex-dividend date was Thursday, February 15th. This represents a dividend yield of 4.7%. Ford Motor’s dividend payout ratio is currently 55.56%.

Insider Activity

In other news, CAO Mark Kosman sold 26,898 shares of the company’s stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total value of $337,031.94. Following the sale, the chief accounting officer now directly owns 7,102 shares in the company, valued at $88,988.06. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.80% of the company’s stock.

Hedge Funds Weigh In On Ford Motor

Several large investors have recently added to or reduced their stakes in F. Meridian Wealth Management LLC raised its holdings in shares of Ford Motor by 86.4% in the 3rd quarter. Meridian Wealth Management LLC now owns 657,842 shares of the auto manufacturer’s stock worth $8,170,000 after purchasing an additional 304,923 shares during the period. Sequoia Financial Advisors LLC raised its holdings in shares of Ford Motor by 15.0% in 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 during the period. Pearl River Capital LLC raised its holdings in shares of Ford Motor by 174.2% in the 3rd quarter. Pearl River Capital LLC now owns 332,161 shares of the auto manufacturer’s stock worth $4,125,000 after purchasing an additional 211,037 shares during the period. TIAA Trust National Association purchased a new position in shares of Ford Motor in the 3rd quarter worth about $1,104,000. Finally, Mackenzie Financial Corp raised its holdings in shares of Ford Motor by 110.5% in the 3rd quarter. Mackenzie Financial Corp now owns 700,928 shares of the auto manufacturer’s stock worth $8,460,000 after purchasing an additional 367,977 shares during the period. 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.