Ford Motor (NYSE:F) Trading Up 0.1% – What’s Next?

Ford Motor (NYSE:F) shares shot up 0.1% during mid-day trading on Tuesday . The stock traded as high as $10.04 and last traded at $9.93. 24,575,458 shares were traded during trading, a decline of 59% from the average session volume of 60,336,747 shares. The stock had previously closed at $9.92.

Analysts Set New Price Targets

Several research firms have issued reports on F. BNP Paribas raised shares of Ford Motor to a “hold” rating in a report on Monday, February 10th. TD Cowen began coverage on shares of Ford Motor in a report on Friday, March 7th. They set a “hold” rating and a $10.00 price objective on the stock. JPMorgan Chase & Co. decreased their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a report on Friday, February 7th. Barclays downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $13.00 to $11.00 in a report on Wednesday, January 22nd. Finally, Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $11.68.

Ford Motor Trading Up 2.3 %

The stock has a market capitalization of $40.33 billion, a price-to-earnings ratio of 6.97, a PEG ratio of 0.61 and a beta of 1.59. The company’s 50-day moving average is $9.72 and its 200-day moving average is $10.31. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31.

Ford Motor (NYSE:F) last released its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. Research analysts anticipate that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 5.90%. The ex-dividend date was Tuesday, February 18th. Ford Motor’s payout ratio is currently 41.10%.

Institutional Investors Weigh In On Ford Motor

Institutional investors have recently made changes to their positions in the stock. Hager Investment Management Services LLC acquired a new stake in shares of Ford Motor during the fourth quarter valued at about $26,000. Bank of Jackson Hole Trust acquired a new stake in shares of Ford Motor during the fourth quarter valued at about $29,000. Flagship Wealth Advisors LLC acquired a new position in shares of Ford Motor in the fourth quarter valued at approximately $30,000. Kentucky Trust Co acquired a new position in shares of Ford Motor in the fourth quarter valued at approximately $31,000. Finally, Spurstone Advisory Services LLC acquired a new position in shares of Ford Motor in the fourth quarter valued at approximately $31,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

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.