Ford Motor (NYSE:F) Trading Down 1.6%

Ford Motor (NYSE:F) traded down 1.6% on Tuesday . The company traded as low as $11.94 and last traded at $12.03. 16,262,292 shares were traded during trading, a decline of 69% from the average session volume of 52,991,004 shares. The stock had previously closed at $12.23.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. Royal Bank of Canada reissued a “sector perform” rating and set a $12.00 price objective on shares of Ford Motor in a report on Wednesday, February 7th. Barclays raised their price objective on Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a report on Thursday, April 11th. Redburn Atlantic assumed coverage on Ford Motor in a report on Wednesday, January 24th. They set a “sell” rating and a $10.00 price objective on the stock. Piper Sandler assumed coverage on Ford Motor in a research note on Friday, March 15th. They issued a “neutral” rating and a $13.00 price target on the stock. Finally, UBS Group cut Ford Motor from a “buy” rating to a “neutral” rating and set a $12.00 price target on the stock. in a research note on Wednesday, January 17th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $13.82.

Ford Motor Stock Down 0.5 %

The company has a debt-to-equity ratio of 2.33, a current ratio of 1.20 and a quick ratio of 1.04. The stock has a market capitalization of $47.80 billion, a PE ratio of 11.14, a PEG ratio of 0.96 and a beta of 1.63. The company has a 50 day moving average price of $12.61 and a 200-day moving average price of $11.76.

Ford Motor (NYSE:F) last posted its earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.17. Ford Motor had a return on equity of 18.95% and a net margin of 2.47%. The firm had revenue of $43.21 billion for the quarter, compared to analysts’ expectations of $43.06 billion. During the same period in the previous year, the firm earned $0.51 earnings per share. The business’s revenue was up 3.5% compared to the same quarter last year. As a group, analysts forecast that Ford Motor will post 1.9 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

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

Insider Activity at Ford Motor

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

Institutional Investors Weigh In On Ford Motor

Several hedge funds have recently made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. boosted its holdings in 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 worth $25,000 after acquiring an additional 1,839 shares in the last quarter. Fortis Group Advisors LLC boosted its holdings in Ford Motor by 100.0% in the fourth 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 in the last quarter. Milestone Investment Advisors LLC bought a new stake in Ford Motor in the third quarter worth $27,000. Voisard Asset Management Group Inc. bought a new stake in Ford Motor in the fourth quarter worth $27,000. Finally, Financial Synergies Wealth Advisors Inc. boosted its holdings in 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 worth $27,000 after acquiring an additional 1,938 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors.

Ford Motor Company Profile

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.