Ford Motor (NYSE:F) Stock Price Up 1.2% – What’s Next?

Ford Motor Company (NYSE:F)’s share price rose 1.2% on Wednesday . The company traded as high as $13.31 and last traded at $13.2150. Approximately 41,468,709 shares were traded during mid-day trading, a decline of 32% from the average daily volume of 60,996,895 shares. The stock had previously closed at $13.06.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on F shares. TD Cowen reduced their price target on shares of Ford Motor from $14.00 to $13.00 and set a “hold” rating for the company in a research report on Friday, May 1st. Citigroup reduced their price target on shares of Ford Motor from $13.50 to $13.00 and set a “neutral” rating for the company in a research report on Monday, May 4th. Zacks Research downgraded shares of Ford Motor from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. Morgan Stanley restated an “equal weight” rating and set a $14.00 price target on shares of Ford Motor in a research report on Wednesday, May 13th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Ford Motor in a research report on Friday, March 27th. Five equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $13.56.

Ford Motor Stock Performance

The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 2.84. The firm’s 50-day moving average is $12.19 and its two-hundred day moving average is $13.01. The stock has a market cap of $52.66 billion, a price-to-earnings ratio of -8.53, a P/E/G ratio of 0.29 and a beta of 1.65.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.48. Ford Motor had a negative net margin of 3.22% and a positive return on equity of 15.77%. The company had revenue of $43.25 billion during the quarter, compared to analysts’ expectations of $42.66 billion. During the same quarter in the prior year, the company earned $0.14 EPS. Ford Motor’s revenue was up 6.4% compared to the same quarter last year. As a group, sell-side analysts expect that Ford Motor Company will post 1.6 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Tuesday, May 12th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend is Tuesday, May 12th. Ford Motor’s dividend payout ratio is currently -38.71%.

Insider Transactions at Ford Motor

In other Ford Motor news, insider William Clay Ford, Jr. acquired 140,000 shares of the company’s stock in a transaction that occurred on Thursday, February 19th. The stock was bought at an average price of $13.82 per share, with a total value of $1,934,800.00. Following the purchase, the insider owned 3,912,600 shares in the company, valued at approximately $54,072,132. The trade was a 3.71% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.63% of the company’s stock.

Institutional Trading of Ford Motor

Several large investors have recently bought and sold shares of F. Grove Bank & Trust increased its holdings in shares of Ford Motor by 110.7% during the 4th quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock worth $25,000 after buying an additional 1,000 shares during the last quarter. MV Capital Management Inc. purchased a new position in shares of Ford Motor during the 4th quarter worth approximately $25,000. Olistico Wealth LLC purchased a new position in shares of Ford Motor during the 4th quarter worth approximately $26,000. McMillan Office Inc. purchased a new position in shares of Ford Motor during the 4th quarter worth approximately $26,000. Finally, Legacy Wealth Managment LLC ID boosted its position in shares of Ford Motor by 108.4% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 2,365 shares of the auto manufacturer’s stock worth $27,000 after purchasing an additional 1,230 shares during the period. Hedge funds and other institutional investors own 58.74% of the company’s stock.

About Ford Motor

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.