Ford Motor (NYSE:F) Shares Down 1.6%

Ford Motor (NYSE:F)’s share price was down 1.6% during mid-day trading on Tuesday . The stock traded as low as $11.94 and last traded at $12.03. Approximately 16,262,292 shares changed hands during mid-day trading, a decline of 69% from the average daily volume of 52,991,004 shares. The stock had previously closed at $12.23.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on F shares. Barclays raised their target price on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a report on Thursday, April 11th. UBS Group lowered shares of Ford Motor from a “buy” rating to a “neutral” rating and set a $12.00 price objective for the company. in a report on Wednesday, January 17th. Redburn Atlantic assumed coverage on shares of Ford Motor in a report on Wednesday, January 24th. They set a “sell” rating and a $10.00 price objective for the company. Royal Bank of Canada reissued a “sector perform” rating and set a $12.00 target price on shares of Ford Motor in a research report on Wednesday, February 7th. Finally, Citigroup raised their target price 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. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Ford Motor has an average rating of “Hold” and an average target price of $13.82.

Ford Motor Stock Performance

The company has a debt-to-equity ratio of 2.33, a quick ratio of 1.04 and a current ratio of 1.20. The firm’s 50 day simple moving average is $12.63 and its 200 day simple moving average is $11.76. The firm has a market capitalization of $48.40 billion, a price-to-earnings ratio of 11.27, a PEG ratio of 1.00 and a beta of 1.63.

Ford Motor (NYSE:F) last posted its earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.17. Ford Motor had a net margin of 2.47% and a return on equity of 18.95%. The firm had revenue of $43.21 billion during the quarter, compared to analysts’ expectations of $43.06 billion. During the same period in the previous year, the business posted $0.51 EPS. The business’s revenue was up 3.5% compared to the same quarter last year. Sell-side analysts forecast that Ford Motor will post 1.9 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently disclosed a Variable dividend, which was paid on Friday, March 1st. Shareholders of record on Friday, February 16th were given a dividend of $0.33 per share. This represents a yield of 4.7%. The ex-dividend date was Thursday, February 15th. Ford Motor’s dividend payout ratio is presently 55.56%.

Insiders Place Their Bets

In other Ford Motor news, CAO Mark Kosman sold 26,898 shares of the company’s 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 transaction, the chief accounting officer now directly owns 7,102 shares in the company, valued at $88,988.06. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.40% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Ford Motor

A number of large investors have recently modified their holdings of the business. Snider Financial Group grew its holdings in shares of Ford Motor by 100,345.2% in the first quarter. Snider Financial Group now owns 219,805,167 shares of the auto manufacturer’s stock valued at $3,717,000 after purchasing an additional 219,586,336 shares during the period. Norges Bank purchased a new stake in shares of Ford Motor in the fourth quarter valued at about $475,899,000. Moneta Group Investment Advisors LLC lifted its position in Ford Motor by 81,406.2% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 30,201,290 shares of the auto manufacturer’s stock valued at $351,241,000 after buying an additional 30,164,236 shares during the last quarter. Coatue Management LLC acquired a new position in Ford Motor in the fourth quarter valued at about $149,152,000. Finally, Newport Trust Company LLC lifted its position in Ford Motor by 4.5% in the fourth quarter. Newport Trust Company LLC now owns 155,177,214 shares of the auto manufacturer’s stock valued at $1,891,610,000 after buying an additional 6,667,808 shares during the last quarter. 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.