Ford Motor (NYSE:F) Shares Down 0.5%

Shares of Ford Motor (NYSE:FGet Free Report) traded down 0.5% during mid-day trading on Wednesday . The company traded as low as $11.50 and last traded at $11.62. 10,505,917 shares traded hands during mid-day trading, a decline of 80% from the average session volume of 51,743,387 shares. The stock had previously closed at $11.68.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Barclays boosted their price target on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research report on Thursday, April 11th. Royal Bank of Canada upped their price objective on shares of Ford Motor from $12.00 to $13.00 and gave the stock a “sector perform” rating in a report on Thursday, April 25th. Piper Sandler began coverage on shares of Ford Motor in a research report on Friday, March 15th. They issued a “neutral” rating and a $13.00 target price for the company. UBS Group boosted their price target 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. Finally, 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 report on Tuesday, February 13th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $13.89.

Get Our Latest Stock Analysis on Ford Motor

Ford Motor Stock Performance

The stock has a market cap of $46.27 billion, a price-to-earnings ratio of 11.98, a price-to-earnings-growth ratio of 0.80 and a beta of 1.61. The company’s 50-day simple moving average is $12.61 and its 200-day simple moving average is $12.00. The company has a quick ratio of 0.99, a current ratio of 1.17 and a debt-to-equity ratio of 2.32.

Ford Motor (NYSE:FGet Free Report) last released its quarterly earnings data 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 business had revenue of $42.78 billion during 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 company’s revenue was up 3.1% compared to the same quarter last year. During the same period last year, the company posted $0.63 EPS. Analysts predict that Ford Motor will post 1.97 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently announced 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 annualized dividend and a dividend yield of 5.18%. Ford Motor’s dividend payout ratio (DPR) is presently 61.86%.

Insider Buying and Selling

In other Ford Motor news, CAO Mark Kosman sold 26,898 shares of Ford Motor stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $12.53, for a total transaction 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 approximately $88,988.06. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the stock in a transaction that occurred on Friday, May 24th. The stock was sold at an average price of $12.09, for a total value of $982,119.06. Following the transaction, the director now owns 168,601 shares in the company, valued at $2,038,386.09. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CAO Mark Kosman sold 26,898 shares of Ford Motor stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $12.53, for a total transaction 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 disclosure for this sale can be found here. Company insiders own 0.40% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. FSA Advisors Inc. boosted its stake in shares of Ford Motor by 7.9% during the 1st quarter. FSA Advisors Inc. now owns 38,972 shares of the auto manufacturer’s stock worth $518,000 after acquiring an additional 2,860 shares in the last quarter. Atria Investments Inc boosted its position in Ford Motor by 9.3% during the first quarter. Atria Investments Inc now owns 409,822 shares of the auto manufacturer’s stock worth $5,442,000 after purchasing an additional 34,912 shares during the period. Swedbank AB acquired a new position in Ford Motor during the first quarter valued at approximately $10,416,000. LRI Investments LLC bought a new position in shares of Ford Motor in the first quarter valued at approximately $66,000. Finally, Highlander Capital Management LLC lifted its stake in shares of Ford Motor by 15.9% in the first quarter. Highlander Capital Management LLC now owns 13,500 shares of the auto manufacturer’s stock worth $179,000 after buying an additional 1,850 shares during the last quarter. Institutional investors and hedge funds 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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