Ford Motor (NYSE:F) Stock Price Up 0.9%

Ford Motor (NYSE:F) shares rose 0.9% during trading on Thursday . The stock traded as high as $12.17 and last traded at $12.15. Approximately 9,358,934 shares were traded during trading, a decline of 82% from the average daily volume of 52,821,285 shares. The stock had previously closed at $12.04.

Wall Street Analyst Weigh In

F has been the topic of several research analyst reports. UBS Group downgraded Ford Motor from a “buy” rating to a “neutral” rating and set a $12.00 target price on the stock. in a research note on Wednesday, January 17th. Redburn Atlantic assumed coverage on Ford Motor in a research note on Wednesday, January 24th. They set a “sell” rating and a $10.00 price target on the stock. Piper Sandler started coverage on shares of Ford Motor in a report on Friday, March 15th. They set a “neutral” rating and a $13.00 price objective on the stock. Citigroup lifted their target price on shares of Ford Motor from $15.00 to $16.00 and gave the stock a “buy” rating in a research note on Wednesday, February 7th. Finally, Morgan Stanley raised their price target on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a report on Tuesday, February 13th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, Ford Motor has a consensus rating of “Hold” and an average target price of $13.82.

Ford Motor Stock Performance

The firm’s fifty day moving average price is $12.59 and its two-hundred day moving average price is $11.76. The stock has a market capitalization of $48.26 billion, a PE ratio of 11.25, a price-to-earnings-growth ratio of 0.96 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.

Ford Motor (NYSE:F) last released its quarterly earnings data on Tuesday, February 6th. The auto manufacturer reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.17. Ford Motor had a net margin of 2.47% and a return on equity of 18.95%. The company had revenue of $43.21 billion during the quarter, compared to analysts’ expectations of $43.06 billion. During the same quarter in the previous year, the company earned $0.51 earnings per share. The firm’s revenue for the quarter was up 3.5% on a year-over-year basis. As a group, equities research analysts forecast that Ford Motor will post 1.89 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently disclosed 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 yield of 4.7%. The ex-dividend date was Thursday, February 15th. Ford Motor’s payout ratio is currently 55.56%.

Insider Activity

In other news, CAO Mark Kosman sold 26,898 shares of Ford Motor stock in a transaction dated 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 owns 7,102 shares in the company, valued at $88,988.06. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 0.80% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Whittier Trust Co. of Nevada Inc. grew its position in shares of Ford Motor by 835.9% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 2,059 shares of the auto manufacturer’s stock valued at $25,000 after purchasing an additional 1,839 shares in the last quarter. Fortis Group Advisors LLC raised its holdings in shares of Ford Motor by 100.0% during the 4th quarter. Fortis Group Advisors LLC now owns 2,172 shares of the auto manufacturer’s stock worth $26,000 after acquiring an additional 1,086 shares during the period. Milestone Investment Advisors LLC purchased a new position in shares of Ford Motor during the 3rd quarter worth $27,000. Voisard Asset Management Group Inc. acquired a new position in shares of Ford Motor during the 4th quarter valued at about $27,000. Finally, Financial Synergies Wealth Advisors Inc. grew its holdings in shares of Ford Motor by 1,997.9% in the first quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock valued at $27,000 after purchasing an additional 1,938 shares during the period. 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.