Ford Motor (NYSE:F) Trading Down 1.9%

Ford Motor (NYSE:F) traded down 1.9% on Thursday . The company traded as low as $12.69 and last traded at $12.70. 18,373,598 shares changed hands during mid-day trading, a decline of 66% from the average session volume of 53,410,754 shares. The stock had previously closed at $12.95.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. UBS Group upped their price objective on shares of Ford Motor from $13.00 to $14.00 and gave the stock a “neutral” rating in a report on Thursday. Morgan Stanley upped their price target on Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a report on Tuesday, February 13th. Royal Bank of Canada upped their target price on shares of Ford Motor from $12.00 to $13.00 and gave the company a “sector perform” rating in a research note on Thursday. Piper Sandler began coverage on Ford Motor in a report on Friday, March 15th. They set a “neutral” rating and a $13.00 price objective on the stock. Finally, Citigroup boosted their target price on shares of Ford Motor from $15.00 to $16.00 and gave the company a “buy” rating in a research note on Wednesday, February 7th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $14.02.

Ford Motor Trading Up 0.7 %

The firm has a market cap of $51.82 billion, a P/E ratio of 11.80, a PEG ratio of 1.02 and a beta of 1.63. The company has a current ratio of 1.20, a quick ratio of 1.04 and a debt-to-equity ratio of 2.33. The business has a 50 day moving average of $12.60 and a two-hundred day moving average of $11.78.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, April 24th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $0.07. The company had revenue of $42.78 billion during the quarter, compared to analysts’ expectations of $42.93 billion. Ford Motor had a return on equity of 18.95% and a net margin of 2.47%. The business’s revenue was up 3.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.63 earnings per share. Analysts predict that Ford Motor will post 1.9 earnings per share for the current year.

Ford Motor Announces Dividend

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

Insider Buying and Selling

In other news, CAO Mark Kosman sold 26,898 shares of the firm’s stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $12.53, for a total value of $337,031.94. Following the sale, the chief accounting officer now directly owns 7,102 shares in the company, valued at approximately $88,988.06. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.80% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of F. Smith Chas P & Associates PA Cpas boosted its stake in Ford Motor by 26.0% during the first quarter. Smith Chas P & Associates PA Cpas now owns 15,639 shares of the auto manufacturer’s stock worth $208,000 after acquiring an additional 3,226 shares in the last quarter. L.M. Kohn & Company increased its stake in Ford Motor by 9.1% during the 1st quarter. L.M. Kohn & Company now owns 23,950 shares of the auto manufacturer’s stock valued at $318,000 after purchasing an additional 1,992 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its holdings in Ford Motor by 3.8% during the first quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 733,060 shares of the auto manufacturer’s stock worth $9,735,000 after buying an additional 26,600 shares during the last quarter. Eudaimonia Advisors LLC bought a new position in shares of Ford Motor in the first quarter valued at $200,000. Finally, Summit Financial LLC grew its holdings in shares of Ford Motor by 16.9% during the first quarter. Summit Financial LLC now owns 32,200 shares of the auto manufacturer’s stock valued at $428,000 after buying an additional 4,664 shares during the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

About Ford Motor

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.