Ford Motor (NYSE:F) Trading Down 0.2%

Ford Motor (NYSE:F)’s stock price traded down 0.2% during trading on Tuesday . The stock traded as low as $12.76 and last traded at $12.87. 10,885,965 shares changed hands during mid-day trading, a decline of 80% from the average session volume of 53,611,168 shares. The stock had previously closed at $12.90.

Wall Street Analyst Weigh In

F has been the subject of several analyst reports. Morgan Stanley upped their target price on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 13th. Barclays increased their price objective on shares of Ford Motor from $14.00 to $15.00 and gave the company an “overweight” rating in a research report on Thursday, February 8th. Piper Sandler started coverage on shares of Ford Motor in a research report on Friday, March 15th. They set a “neutral” rating and a $13.00 target price on the stock. HSBC assumed coverage on shares of Ford Motor in a report on Monday, December 4th. They set a “hold” rating and a $11.30 price target for the company. Finally, Citigroup boosted their price objective on shares of Ford Motor from $15.00 to $16.00 and gave the stock a “buy” rating in a report on Wednesday, February 7th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $13.75.

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 50 day moving average of $12.16 and a 200-day moving average of $11.69. The stock has a market capitalization of $51.94 billion, a P/E ratio of 12.10, a PEG ratio of 0.99 and a beta of 1.63.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 EPS for the quarter, beating the consensus estimate of $0.12 by $0.17. The business had revenue of $43.21 billion during the quarter, compared to analyst estimates of $43.06 billion. Ford Motor had a net margin of 2.47% and a return on equity of 18.95%. The company’s quarterly revenue was up 3.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.51 EPS. Sell-side analysts predict that Ford Motor will post 1.88 EPS for the current year.

Ford Motor Dividend Announcement

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

Insiders Place Their Bets

In other 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 transaction of $337,031.94. Following the completion of the transaction, the chief accounting officer now directly owns 7,102 shares in the company, valued at $88,988.06. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 0.80% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Ford Motor

Several hedge funds and other institutional investors have recently added to or reduced their stakes in F. AJ Wealth Strategies LLC grew its stake in shares of Ford Motor by 2.7% in the 1st quarter. AJ Wealth Strategies LLC now owns 31,374 shares of the auto manufacturer’s stock worth $531,000 after purchasing an additional 820 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC grew its position in Ford Motor by 29.8% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 3,604 shares of the auto manufacturer’s stock worth $44,000 after buying an additional 828 shares during the last quarter. First United Bank & Trust increased its holdings in shares of Ford Motor by 5.4% in the fourth quarter. First United Bank & Trust now owns 16,486 shares of the auto manufacturer’s stock valued at $201,000 after buying an additional 850 shares in the last quarter. First Manhattan Co. lifted its position in shares of Ford Motor by 6.7% during the 4th quarter. First Manhattan Co. now owns 13,649 shares of the auto manufacturer’s stock valued at $159,000 after acquiring an additional 853 shares during the last quarter. Finally, Lee Financial Co grew its holdings in shares of Ford Motor by 3.6% in the 4th quarter. Lee Financial Co now owns 24,836 shares of the auto manufacturer’s stock worth $303,000 after acquiring an additional 854 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

About Ford Motor

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.