Ford Motor (NYSE:F) Stock Price Down 0.8%

Shares of Ford Motor (NYSE:FGet Free Report) traded down 0.8% during trading on Tuesday . The company traded as low as $12.02 and last traded at $12.09. 10,429,974 shares were traded during mid-day trading, a decline of 80% from the average session volume of 51,668,551 shares. The stock had previously closed at $12.19.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on F shares. Piper Sandler initiated coverage on Ford Motor in a report on Friday, March 15th. They set a “neutral” rating and a $13.00 target price on the stock. UBS Group upped their target price on shares of Ford Motor from $13.00 to $14.00 and gave the stock a “neutral” rating in a research report on Thursday, April 25th. Barclays lifted their price target on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research report on Thursday, April 11th. Morgan Stanley raised their target price on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research note on Tuesday, February 13th. Finally, Citigroup boosted their price target on Ford Motor from $16.00 to $18.00 and gave the stock a “buy” rating in a research report on Thursday, May 2nd. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $13.89.

Get Our Latest Report on Ford Motor

Ford Motor Price Performance

The firm has a 50-day simple moving average of $12.50 and a 200-day simple moving average of $12.06. The firm has a market capitalization of $48.21 billion, a PE ratio of 12.45, a PEG ratio of 0.79 and a beta of 1.61. The company has a debt-to-equity ratio of 2.32, a current ratio of 1.17 and a quick ratio of 0.99.

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. The business had revenue of $42.78 billion for the quarter, compared to analysts’ expectations of $42.93 billion. Ford Motor had a net margin of 2.21% and a return on equity of 17.63%. The company’s revenue was up 3.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.63 EPS. As a group, equities analysts forecast that Ford Motor will post 1.99 earnings per share for the current year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 3rd. Investors of record on Wednesday, May 8th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 4.97%. The ex-dividend date was Tuesday, May 7th. Ford Motor’s dividend payout ratio (DPR) is currently 61.86%.

Insider Transactions at Ford Motor

In other news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the company’s stock in a transaction dated Friday, May 24th. The shares were sold at an average price of $12.09, for a total value of $982,119.06. Following the transaction, the director now directly owns 168,601 shares in the company, valued at $2,038,386.09. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 0.80% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Whittier Trust Co. of Nevada Inc. lifted its stake in shares of Ford Motor by 835.9% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 2,059 shares of the auto manufacturer’s stock worth $25,000 after purchasing an additional 1,839 shares during the last quarter. Fortis Group Advisors LLC lifted its position in Ford Motor by 100.0% during the fourth quarter. Fortis Group Advisors LLC now owns 2,172 shares of the auto manufacturer’s stock valued at $26,000 after acquiring an additional 1,086 shares during the last quarter. Voisard Asset Management Group Inc. acquired a new stake in Ford Motor in the fourth quarter valued at approximately $27,000. Financial Synergies Wealth Advisors Inc. increased its position in shares of Ford Motor by 1,997.9% during the first quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock worth $27,000 after purchasing an additional 1,938 shares in the last quarter. Finally, Provence Wealth Management Group purchased a new stake in shares of Ford Motor during the 3rd quarter valued at $31,000. 58.74% of the stock is currently owned by institutional investors.

About Ford Motor

(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.

Further Reading

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