Ford Motor (NYSE:F) Trading Up 0.6%

Ford Motor (NYSE:F) shares rose 0.6% during trading on Friday . The stock traded as high as $12.23 and last traded at $12.13. Approximately 9,028,990 shares changed hands during mid-day trading, a decline of 83% from the average daily volume of 52,628,824 shares. The stock had previously closed at $12.06.

Wall Street Analysts Forecast Growth

F has been the topic of several research analyst reports. Morgan Stanley raised their price objective 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 reissued a “sector perform” rating and issued a $12.00 price objective on shares of Ford Motor in a report on Wednesday, February 7th. UBS Group lowered Ford Motor from a “buy” rating to a “neutral” rating and set a $12.00 price objective on the stock. in a report on Wednesday, January 17th. Redburn Atlantic began coverage on Ford Motor in a report on Wednesday, January 24th. They issued a “sell” rating and a $10.00 price objective on the stock. Finally, Piper Sandler began 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. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, Ford Motor has an average rating of “Hold” and an average price target of $13.82.

Ford Motor Price Performance

The stock has a 50 day simple moving average of $12.60 and a two-hundred day simple moving average of $11.76. The company has a market cap of $48.12 billion, a price-to-earnings ratio of 11.23, a price-to-earnings-growth ratio of 0.95 and a beta of 1.63. The company has a debt-to-equity ratio of 2.33, a current ratio of 1.20 and a quick ratio of 1.04.

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, topping analysts’ consensus estimates of $0.12 by $0.17. The company had revenue of $43.21 billion for the quarter, compared to analyst estimates of $43.06 billion. Ford Motor had a return on equity of 18.95% and a net margin of 2.47%. The firm’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.51 earnings per share. On average, equities research analysts predict that Ford Motor will post 1.9 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently disclosed a Variable dividend, which was paid on Friday, March 1st. Shareholders of record on Friday, February 16th were paid a dividend of $0.33 per share. This represents a yield of 4.7%. The ex-dividend date was Thursday, February 15th. Ford Motor’s dividend payout ratio (DPR) is currently 55.56%.

Insider Buying and Selling at Ford Motor

In related news, CAO Mark Kosman sold 26,898 shares of the stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total transaction of $337,031.94. Following the transaction, the chief accounting officer now owns 7,102 shares of the company’s stock, valued at approximately $88,988.06. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 0.80% of the company’s stock.

Institutional Investors Weigh In On Ford Motor

Hedge funds have recently bought and sold shares of the stock. RB Capital Management LLC increased its holdings in shares of Ford Motor by 14.6% in the 1st quarter. RB Capital Management LLC now owns 27,339 shares of the auto manufacturer’s stock valued at $462,000 after acquiring an additional 3,477 shares during the last quarter. Fairfield Bush & CO. acquired a new stake in Ford Motor during the 1st quarter worth approximately $37,000. Synovus Financial Corp lifted its position in Ford Motor by 275.4% during the 1st quarter. Synovus Financial Corp now owns 111,481 shares of the auto manufacturer’s stock worth $1,886,000 after acquiring an additional 81,783 shares during the period. Blair William & Co. IL lifted its position in Ford Motor by 17.3% during the 1st quarter. Blair William & Co. IL now owns 325,778 shares of the auto manufacturer’s stock worth $5,509,000 after acquiring an additional 47,959 shares during the period. Finally, Canada Pension Plan Investment Board lifted its holdings in shares of Ford Motor by 3.0% in the 1st quarter. Canada Pension Plan Investment Board now owns 564,002 shares of the auto manufacturer’s stock valued at $9,537,000 after buying an additional 16,498 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.

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.