Shares of Ford Motor (NYSE:F – Get Free Report) traded down 0.1% during mid-day trading on Thursday . The company traded as low as $9.28 and last traded at $9.34. 11,980,511 shares changed hands during trading, a decline of 84% from the average session volume of 74,585,844 shares. The stock had previously closed at $9.34.
Analyst Ratings Changes
A number of equities research analysts have issued reports on the company. JPMorgan Chase & Co. lowered their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research report on Friday, February 7th. Royal Bank of Canada decreased their target price on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating for the company in a research report on Thursday, February 6th. Sanford C. Bernstein downgraded Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price for the company. in a research report on Thursday, November 7th. Wells Fargo & Company decreased their target price on Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a research report on Thursday, February 6th. Finally, Barclays downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $13.00 to $11.00 in a research report on Wednesday, January 22nd. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the company. According to data from MarketBeat, Ford Motor presently has an average rating of “Hold” and an average target price of $11.89.
Get Our Latest Report on Ford Motor
Ford Motor Price Performance
Ford Motor (NYSE:F – Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. Sell-side analysts anticipate that Ford Motor will post 1.47 earnings per share for the current year.
Ford Motor Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 6.46%. The ex-dividend date is Tuesday, February 18th. Ford Motor’s payout ratio is currently 41.10%.
Institutional Trading of Ford Motor
A number of institutional investors and hedge funds have recently made changes to their positions in F. Vanguard Group Inc. raised its position in shares of Ford Motor by 16.6% during the 4th quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer’s stock worth $3,980,630,000 after purchasing an additional 57,182,803 shares during the period. Norges Bank acquired a new stake in shares of Ford Motor during the 4th quarter worth approximately $387,282,000. Jacobs Levy Equity Management Inc. grew its holdings in Ford Motor by 88.0% in the 4th quarter. Jacobs Levy Equity Management Inc. now owns 22,512,285 shares of the auto manufacturer’s stock worth $222,872,000 after buying an additional 10,535,335 shares in the last quarter. Voloridge Investment Management LLC grew its holdings in Ford Motor by 2,905.1% in the 4th quarter. Voloridge Investment Management LLC now owns 7,989,463 shares of the auto manufacturer’s stock worth $79,096,000 after buying an additional 7,723,601 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in Ford Motor by 5.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer’s stock worth $1,278,153,000 after buying an additional 6,497,321 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.
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.
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