Ford Motor (NYSE:F) Stock Price Down 3.3%

Ford Motor (NYSE:F)’s share price was down 3.3% during trading on Tuesday . The stock traded as low as $12.29 and last traded at $12.33. Approximately 16,907,351 shares were traded during trading, a decline of 69% from the average daily volume of 53,792,500 shares. The stock had previously closed at $12.75.

Wall Street Analyst Weigh In

Several analysts have issued reports on F shares. Morgan Stanley increased their price objective on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research report on Tuesday, February 13th. Barclays lifted their price target on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Thursday, April 11th. Citigroup upped their price objective on shares of Ford Motor from $15.00 to $16.00 and gave the company a “buy” rating in a research report on Wednesday, February 7th. Royal Bank of Canada lifted their target price on Ford Motor from $12.00 to $13.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 25th. Finally, Redburn Atlantic started coverage on Ford Motor in a research note 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 given a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $14.02.

Ford Motor Price Performance

The company has a quick ratio of 0.99, a current ratio of 1.17 and a debt-to-equity ratio of 2.32. The company has a 50 day simple moving average of $12.63 and a 200-day simple moving average of $11.80. The stock has a market cap of $48.48 billion, a price-to-earnings ratio of 12.58, a PEG ratio of 0.82 and a beta of 1.61.

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

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Wednesday, May 8th will be given a $0.15 dividend. The ex-dividend date is Tuesday, May 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.92%. Ford Motor’s payout ratio is currently 61.86%.

Insider Activity

In other news, CAO Mark Kosman sold 26,898 shares of the company’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 of the company’s stock, valued at $88,988.06. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.80% of the company’s stock.

Hedge Funds Weigh In On Ford Motor

Institutional investors have recently modified their holdings of the company. SVB Wealth LLC raised its stake in Ford Motor by 2.8% during the 3rd quarter. SVB Wealth LLC now owns 65,267 shares of the auto manufacturer’s stock valued at $811,000 after acquiring an additional 1,756 shares in the last quarter. Xponance Inc. lifted its stake in shares of Ford Motor by 3.3% in the 3rd quarter. Xponance Inc. now owns 495,045 shares of the auto manufacturer’s stock worth $6,148,000 after acquiring an additional 15,601 shares during the period. Dakota Wealth Management boosted its holdings in shares of Ford Motor by 80.5% in the third quarter. Dakota Wealth Management now owns 18,609 shares of the auto manufacturer’s stock valued at $231,000 after acquiring an additional 8,302 shares in the last quarter. Foster & Motley Inc. raised its holdings in Ford Motor by 4.0% during the third quarter. Foster & Motley Inc. now owns 88,065 shares of the auto manufacturer’s stock worth $1,094,000 after purchasing an additional 3,351 shares in the last quarter. Finally, Stratos Wealth Advisors LLC lifted its position in Ford Motor by 180.8% in the third quarter. Stratos Wealth Advisors LLC now owns 103,404 shares of the auto manufacturer’s stock worth $1,284,000 after purchasing an additional 66,574 shares during the period. 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.