Ford Motor (NYSE:F) Trading Down 1%

Ford Motor (NYSE:F) shares fell 1% during trading on Monday . The stock traded as low as $12.65 and last traded at $12.66. 12,187,663 shares traded hands during trading, a decline of 77% from the average session volume of 53,775,469 shares. The stock had previously closed at $12.79.

Wall Street Analyst Weigh In

Several brokerages recently commented on F. Citigroup boosted their price target on Ford Motor from $15.00 to $16.00 and gave the stock a “buy” rating in a research report on Wednesday, February 7th. Morgan Stanley upped their price target on Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research note on Tuesday, February 13th. Royal Bank of Canada upped their price target on Ford Motor from $12.00 to $13.00 and gave the company a “sector perform” rating in a research note on Thursday. Barclays upped their price target on Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research note on Thursday, April 11th. Finally, Piper Sandler began coverage on Ford Motor in a research note on Friday, March 15th. They set a “neutral” rating and a $13.00 target price on the stock. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $14.02.

Ford Motor Stock Down 0.5 %

The business has a 50 day moving average of $12.62 and a 200-day moving average of $11.78. The stock has a market cap of $50.54 billion, a PE ratio of 13.05, a P/E/G ratio of 0.86 and a beta of 1.63. The company has a current ratio of 1.17, a quick ratio of 0.99 and a debt-to-equity ratio of 2.32.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.07. The company had revenue of $42.78 billion during the quarter, compared to the consensus estimate of $42.93 billion. Ford Motor had a return on equity of 17.63% and a net margin of 2.21%. Ford Motor’s revenue was up 3.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.63 earnings per share. Equities research analysts predict that Ford Motor will post 1.94 EPS 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. Shareholders of record on Wednesday, May 8th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 4.72%. The ex-dividend date is Tuesday, May 7th. Ford Motor’s payout ratio is 61.86%.

Insiders Place Their Bets

In other news, CAO Mark Kosman sold 26,898 shares of Ford Motor 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 completion of the sale, the chief accounting officer now owns 7,102 shares of the company’s stock, valued at $88,988.06. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.40% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Ford Motor

A number of hedge funds and other institutional investors have recently made changes to their positions in F. Financial Synergies Wealth Advisors Inc. boosted its holdings in Ford Motor by 1,997.9% in the first quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock valued at $27,000 after acquiring an additional 1,938 shares during the last quarter. Whittier Trust Co. of Nevada Inc. lifted its stake in shares of Ford Motor by 835.9% during the fourth 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 in the last quarter. Fortis Group Advisors LLC lifted its stake in shares of Ford Motor by 100.0% during the fourth 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 shares of Ford Motor during the fourth quarter worth about $27,000. Finally, Milestone Investment Advisors LLC bought a new stake in Ford Motor in the third quarter valued at about $27,000. 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.