Ford Motor (NYSE:F) Trading Up 0.1% – What’s Next?

Shares of Ford Motor (NYSE:F) were up 0.1% during trading on Tuesday . The stock traded as high as $10.04 and last traded at $9.93. Approximately 24,575,458 shares traded hands during mid-day trading, a decline of 59% from the average daily volume of 60,336,747 shares. The stock had previously closed at $9.92.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on F. Barclays downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $13.00 to $11.00 in a report on Wednesday, January 22nd. Bank of America reduced their target price on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a report on Thursday, February 6th. JPMorgan Chase & Co. reduced their target price on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a report on Friday, February 7th. Wells Fargo & Company reduced their target price on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a report on Thursday, February 6th. Finally, Evercore ISI reduced their target price on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating on the stock in a report on Monday, February 10th. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $11.68.

Ford Motor Price Performance

The stock’s 50-day moving average is $9.72 and its 200 day moving average is $10.31. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. The company has a market cap of $40.33 billion, a PE ratio of 6.97, a PEG ratio of 0.61 and a beta of 1.59.

Ford Motor (NYSE:F) last posted its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. On average, equities analysts anticipate that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a yield of 5.90%. Ford Motor’s payout ratio is 41.10%.

Institutional Trading of Ford Motor

Hedge funds and other institutional investors have recently made changes to their positions in the business. Hager Investment Management Services LLC acquired a new stake in Ford Motor during the fourth quarter valued at $26,000. Bank of Jackson Hole Trust acquired a new stake in Ford Motor during the fourth quarter valued at $29,000. Flagship Wealth Advisors LLC acquired a new stake in Ford Motor during the fourth quarter valued at $30,000. Spurstone Advisory Services LLC acquired a new stake in Ford Motor during the fourth quarter valued at $31,000. Finally, Kentucky Trust Co acquired a new stake in Ford Motor during the fourth quarter valued at $31,000. 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.