Ford Motor (NYSE:F) Shares Down 0.1%

Ford Motor (NYSE:F) traded down 0.1% during mid-day trading on Friday . The company traded as low as $12.04 and last traded at $12.10. Approximately 10,354,468 shares traded hands during mid-day trading, a decline of 80% from the average daily volume of 51,802,258 shares. The stock had previously closed at $12.11.

Wall Street Analysts Forecast Growth

F has been the subject of a number of research reports. Sanford C. Bernstein began coverage on Ford Motor in a research note on Thursday. They issued an “outperform” rating and a $16.00 price objective for the company. UBS Group raised their price objective on shares of Ford Motor from $13.00 to $14.00 and gave the stock a “neutral” rating in a research report on Thursday, April 25th. Morgan Stanley upped their target price on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a report on Tuesday, February 13th. Barclays raised their price target on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a report 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 price objective for the company. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, Ford Motor currently has an average rating of “Hold” and an average price target of $13.89.

Ford Motor Stock Performance

The stock’s 50 day moving average price is $12.62 and its two-hundred day moving average price is $11.93. The company has a current ratio of 1.17, a quick ratio of 0.99 and a debt-to-equity ratio of 2.32. The firm has a market capitalization of $48.31 billion, a price-to-earnings ratio of 12.47, a PEG ratio of 0.80 and a beta of 1.61.

Ford Motor (NYSE:F) last issued its 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. Ford Motor had a net margin of 2.21% and a return on equity of 17.63%. The company had revenue of $42.78 billion for the quarter, compared to analyst estimates of $42.93 billion. During the same period in the prior year, the business posted $0.63 earnings per share. The firm’s revenue for the quarter was up 3.1% compared to the same quarter last year. On average, analysts forecast that Ford Motor will post 1.97 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently announced 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. The ex-dividend date of this dividend is Tuesday, May 7th. This represents a $0.60 dividend on an annualized basis and a yield of 4.96%. Ford Motor’s payout ratio is 61.86%.

Insider Activity

In other Ford Motor news, CAO Mark Kosman sold 26,898 shares of the company’s stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $12.53, for a total value of $337,031.94. Following 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.80% of the company’s stock.

Institutional Trading of Ford Motor

Institutional investors and hedge funds have recently made changes to their positions in the stock. Financial Synergies Wealth Advisors Inc. lifted its stake in shares of Ford Motor by 1,997.9% during the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock worth $27,000 after purchasing an additional 1,938 shares during the period. Whittier Trust Co. of Nevada Inc. increased its stake 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 valued at $25,000 after acquiring an additional 1,839 shares during the last quarter. Fortis Group Advisors LLC lifted its holdings in shares of 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 acquiring an additional 1,086 shares during the period. Voisard Asset Management Group Inc. acquired a new stake in shares of Ford Motor in the fourth quarter worth approximately $27,000. Finally, Milestone Investment Advisors LLC purchased a new stake in Ford Motor in the third quarter valued at approximately $27,000. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

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.