Ford Motor (NYSE:F) Shares Up 1.5%

Ford Motor (NYSE:FGet Free Report)’s share price was up 1.5% during trading on Monday . The stock traded as high as $13.20 and last traded at $13.03. Approximately 13,998,184 shares were traded during mid-day trading, a decline of 72% from the average daily volume of 50,568,598 shares. The stock had previously closed at $12.84.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on F shares. Sanford C. Bernstein started coverage on Ford Motor in a research note on Thursday, May 23rd. They issued an “outperform” rating and a $16.00 price target on the stock. UBS Group upped their price target on Ford Motor from $13.00 to $14.00 and gave the company a “neutral” rating in a research note on Thursday, April 25th. Royal Bank of Canada upped their price target on Ford Motor from $12.00 to $13.00 and gave the company a “sector perform” rating in a research note on Thursday, April 25th. Citigroup upped their price target on Ford Motor from $16.00 to $18.00 and gave the company a “buy” rating in a research note on Thursday, May 2nd. Finally, Barclays upped their price target on Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research note on Thursday, April 11th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $13.89.

View Our Latest Analysis on Ford Motor

Ford Motor Trading Up 2.1 %

The company has a fifty day simple moving average of $12.22 and a two-hundred day simple moving average of $12.28. 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 company has a market cap of $52.58 billion, a PE ratio of 13.34, a P/E/G ratio of 0.84 and a beta of 1.62.

Ford Motor (NYSE:FGet Free Report) last issued its quarterly 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 return on equity of 17.63% and a net margin of 2.21%. The company had revenue of $42.78 billion for the quarter, compared to the consensus estimate of $42.93 billion. During the same quarter in the prior year, the business earned $0.63 EPS. Ford Motor’s revenue was up 3.1% on a year-over-year basis. Analysts anticipate that Ford Motor will post 2.02 EPS for the current year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 3rd. Shareholders of record on Wednesday, May 8th were issued a dividend of $0.15 per share. The ex-dividend date was Tuesday, May 7th. This represents a $0.60 annualized dividend and a yield of 4.56%. Ford Motor’s dividend payout ratio (DPR) is 61.86%.

Insiders Place Their Bets

In other news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the stock in a transaction dated 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 approximately $2,038,386.09. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.40% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Pinnacle Associates Ltd. increased its holdings in shares of Ford Motor by 2.6% in the 1st quarter. Pinnacle Associates Ltd. now owns 32,527 shares of the auto manufacturer’s stock valued at $432,000 after acquiring an additional 817 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC boosted its position in shares of Ford Motor by 29.8% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 3,604 shares of the auto manufacturer’s stock valued at $44,000 after purchasing an additional 828 shares during the period. Legacy Wealth Asset Management LLC boosted its position in shares of Ford Motor by 1.7% in the 1st quarter. Legacy Wealth Asset Management LLC now owns 48,916 shares of the auto manufacturer’s stock valued at $650,000 after purchasing an additional 836 shares during the period. First United Bank & Trust boosted its position in shares of Ford Motor by 5.4% in the 4th quarter. First United Bank & Trust now owns 16,486 shares of the auto manufacturer’s stock valued at $201,000 after purchasing an additional 850 shares during the period. Finally, Lee Financial Co boosted its position in shares of Ford Motor by 3.6% in the 4th quarter. Lee Financial Co now owns 24,836 shares of the auto manufacturer’s stock valued at $303,000 after purchasing an additional 854 shares during the period. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Company Profile

(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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