Ford Motor (NYSE:F) Trading Down 1%

Ford Motor (NYSE:F)’s share price dropped 1% during trading on Monday . The stock traded as low as $12.65 and last traded at $12.66. Approximately 12,187,663 shares changed hands during trading, a decline of 77% from the average daily volume of 53,775,469 shares. The stock had previously closed at $12.79.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on F shares. Barclays lifted their price objective on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Thursday, April 11th. Redburn Atlantic began coverage on shares of Ford Motor in a report on Wednesday, January 24th. They issued a “sell” rating and a $10.00 target price for the company. UBS Group raised their target price on shares of Ford Motor from $13.00 to $14.00 and gave the stock a “neutral” rating in a report on Thursday, April 25th. Royal Bank of Canada raised their target price on shares of Ford Motor from $12.00 to $13.00 and gave the stock a “sector perform” rating in a report on Thursday, April 25th. Finally, Piper Sandler began coverage on shares of Ford Motor in a report on Friday, March 15th. They issued a “neutral” rating and a $13.00 target price for the company. One equities 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’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $14.02.

Ford Motor Price Performance

The company has a debt-to-equity ratio of 2.32, a current ratio of 1.17 and a quick ratio of 0.99. The stock has a market capitalization of $48.28 billion, a price-to-earnings ratio of 12.53, a PEG ratio of 0.86 and a beta of 1.63. The stock’s 50 day simple moving average is $12.63 and its 200-day simple moving average is $11.79.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.07. Ford Motor had a net margin of 2.21% and a return on equity of 17.63%. The company had revenue of $42.78 billion for the quarter, compared to analyst estimates of $42.93 billion. During the same quarter last year, the firm posted $0.63 earnings per share. The company’s quarterly revenue was up 3.1% compared to the same quarter last year. On average, analysts expect that Ford Motor will post 1.94 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Wednesday, May 8th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.94%. The ex-dividend date is Tuesday, May 7th. Ford Motor’s dividend payout ratio is 61.86%.

Insider Activity

In other news, CAO Mark Kosman sold 26,898 shares of Ford Motor 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 transaction, the chief accounting officer now owns 7,102 shares of the company’s stock, valued at $88,988.06. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 0.40% of the company’s stock.

Hedge Funds Weigh In On Ford Motor

A number of institutional investors and hedge funds have recently bought and sold shares of F. Newport Trust Company LLC boosted its stake in Ford Motor by 4.5% during the fourth quarter. Newport Trust Company LLC now owns 155,177,214 shares of the auto manufacturer’s stock worth $1,891,610,000 after buying an additional 6,667,808 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Ford Motor by 0.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 87,661,675 shares of the auto manufacturer’s stock valued at $1,068,596,000 after purchasing an additional 269,887 shares in the last quarter. Fisher Asset Management LLC boosted its stake in shares of Ford Motor by 6.3% in the 4th quarter. Fisher Asset Management LLC now owns 59,152,154 shares of the auto manufacturer’s stock valued at $721,065,000 after purchasing an additional 3,522,965 shares in the last quarter. Norges Bank acquired a new stake in shares of Ford Motor in the 4th quarter valued at $475,899,000. Finally, Northern Trust Corp boosted its stake in shares of Ford Motor by 3.8% in the 3rd quarter. Northern Trust Corp now owns 38,108,825 shares of the auto manufacturer’s stock valued at $473,312,000 after purchasing an additional 1,392,408 shares in the last quarter. Institutional investors own 58.74% of the company’s stock.

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.