Ford Motor (NYSE:F) Stock Price Down 0.1%

Ford Motor (NYSE:FGet Free Report)’s stock price fell 0.1% during trading on Friday . The company traded as low as $11.95 and last traded at $12.06. 9,060,763 shares changed hands during mid-day trading, a decline of 82% from the average session volume of 51,315,813 shares. The stock had previously closed at $12.07.

Analyst Ratings Changes

Several research firms have recently issued reports on F. Piper Sandler assumed coverage on shares of Ford Motor in a research report on Friday, March 15th. They set a “neutral” rating and a $13.00 price objective for the company. UBS Group increased their price objective on Ford Motor from $13.00 to $14.00 and gave the company a “neutral” rating in a report on Thursday, April 25th. Citigroup boosted their target price on Ford Motor from $16.00 to $18.00 and gave the stock a “buy” rating in a research note on Thursday, May 2nd. Royal Bank of Canada increased their price target 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. Finally, Sanford C. Bernstein started coverage on shares of Ford Motor in a research report on Thursday, May 23rd. They set an “outperform” rating and a $16.00 price objective for the company. One analyst has rated the stock with a sell rating, nine have given a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, Ford Motor presently has an average rating of “Hold” and an average price target of $13.89.

Check Out Our Latest Analysis on Ford Motor

Ford Motor Stock Performance

The company has a market cap of $48.51 billion, a PE ratio of 12.53, a P/E/G ratio of 0.79 and a beta of 1.61. 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’s 50-day simple moving average is $12.45 and its 200 day simple moving average is $12.09.

Ford Motor (NYSE:FGet Free Report) last posted its quarterly earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 earnings per share (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 in the prior year, the company posted $0.63 earnings per share. The firm’s revenue for the quarter was up 3.1% on a year-over-year basis. As a group, equities analysts anticipate that Ford Motor will post 1.99 EPS for the current year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 3rd. Shareholders of record on Wednesday, May 8th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 4.94%. The ex-dividend date was Tuesday, May 7th. Ford Motor’s payout ratio is 61.86%.

Insiders Place Their Bets

In other Ford Motor news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the stock in a transaction dated Friday, May 24th. The shares were sold at an average price of $12.09, for a total value of $982,119.06. Following the completion of the transaction, the director now directly owns 168,601 shares of the company’s stock, valued at $2,038,386.09. The sale was disclosed in a filing with the SEC, which is available at this link. Insiders own 0.80% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in F. Whittier Trust Co. of Nevada Inc. raised its position in shares of Ford Motor by 835.9% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 2,059 shares of the auto manufacturer’s stock worth $25,000 after purchasing an additional 1,839 shares during the last quarter. Fortis Group Advisors LLC increased its position in Ford Motor by 100.0% during the 4th quarter. Fortis Group Advisors LLC now owns 2,172 shares of the auto manufacturer’s stock worth $26,000 after purchasing an additional 1,086 shares in the last quarter. Voisard Asset Management Group Inc. acquired a new position in Ford Motor in the 4th quarter valued at about $27,000. Financial Synergies Wealth Advisors Inc. lifted its holdings 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 purchasing an additional 1,938 shares in the last quarter. Finally, Provence Wealth Management Group acquired a new stake in shares of Ford Motor during the 3rd quarter worth about $31,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

About Ford Motor

(Get Free Report)

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.

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