Ford Motor (NYSE:F) Trading Down 0.2%

Ford Motor (NYSE:F)’s stock price dropped 0.2% during mid-day trading on Friday . The company traded as low as $12.45 and last traded at $12.47. Approximately 13,446,076 shares were traded during trading, a decline of 75% from the average daily volume of 53,887,887 shares. The stock had previously closed at $12.49.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on F shares. Morgan Stanley upped their price target on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 13th. Citigroup increased their price target on Ford Motor from $16.00 to $18.00 and gave the stock a “buy” rating in a research note on Thursday. UBS Group boosted their price objective on Ford Motor from $13.00 to $14.00 and gave the company a “neutral” rating in a research report on Thursday, April 25th. Barclays increased their target price on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research report on Thursday, April 11th. Finally, Redburn Atlantic began coverage on Ford Motor in a report on Wednesday, January 24th. They issued a “sell” rating and a $10.00 price target on the stock. One analyst has rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, Ford Motor currently has an average rating of “Hold” and an average price target of $13.74.

Ford Motor Price Performance

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 company has a market capitalization of $49.39 billion, a P/E ratio of 12.81, a P/E/G ratio of 0.84 and a beta of 1.61. The firm’s fifty day moving average is $12.64 and its 200 day moving average is $11.80.

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

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Wednesday, May 8th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.83%. The ex-dividend date is Tuesday, May 7th. Ford Motor’s payout ratio is presently 61.86%.

Insider Buying and Selling

In related news, CAO Mark Kosman sold 26,898 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the chief accounting officer now 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 the SEC website. 0.80% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Ford Motor

Several institutional investors have recently made changes to their positions in F. Norges Bank bought a new position in Ford Motor during the 4th quarter worth about $475,899,000. Coatue Management LLC purchased a new position in Ford Motor during the fourth quarter valued at approximately $149,152,000. Newport Trust Company LLC raised its stake in Ford Motor by 4.5% in the fourth quarter. Newport Trust Company LLC now owns 155,177,214 shares of the auto manufacturer’s stock worth $1,891,610,000 after buying an additional 6,667,808 shares in the last quarter. Fisher Asset Management LLC lifted its holdings in Ford Motor by 6.3% during the fourth quarter. Fisher Asset Management LLC now owns 59,152,154 shares of the auto manufacturer’s stock worth $721,065,000 after buying an additional 3,522,965 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its position in Ford Motor by 3.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 87,391,788 shares of the auto manufacturer’s stock valued at $1,085,406,000 after acquiring an additional 2,657,650 shares in the last quarter. Hedge funds and other institutional investors 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.