Ford Motor (NYSE:F) Stock Price Up 0.6%

Ford Motor (NYSE:F)’s share price was up 0.6% on Monday . The stock traded as high as $12.62 and last traded at $12.50. Approximately 9,322,385 shares changed hands during mid-day trading, a decline of 83% from the average daily volume of 53,777,215 shares. The stock had previously closed at $12.43.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on F. Piper Sandler initiated coverage on Ford Motor in a research note on Friday, March 15th. They set a “neutral” rating and a $13.00 price objective for the company. UBS Group boosted their price objective on Ford Motor from $13.00 to $14.00 and gave the stock a “neutral” rating in a report on Thursday, April 25th. Barclays upped their price objective on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research report on Thursday, April 11th. Royal Bank of Canada boosted their price target on shares of Ford Motor from $12.00 to $13.00 and gave the stock a “sector perform” rating in a research note on Thursday, April 25th. Finally, Redburn Atlantic began coverage on shares of Ford Motor in a research report on Wednesday, January 24th. They set a “sell” rating and a $10.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $13.74.

Ford Motor Stock Down 0.2 %

The company has a quick ratio of 0.99, a current ratio of 1.17 and a debt-to-equity ratio of 2.32. The stock has a market cap of $48.51 billion, a P/E ratio of 12.53, a P/E/G ratio of 0.84 and a beta of 1.61. The company has a 50-day simple moving average of $12.65 and a two-hundred day simple moving average of $11.81.

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

Ford Motor Announces Dividend

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

Insiders Place Their Bets

In related news, CAO Mark Kosman sold 26,898 shares of Ford Motor stock in a transaction 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 sale, the chief accounting officer now owns 7,102 shares in the company, valued at $88,988.06. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.40% of the company’s stock.

Institutional Investors Weigh In On Ford Motor

A number of large investors have recently modified their holdings of the stock. Sequoia Financial Advisors LLC lifted its position in Ford Motor by 15.0% during the fourth quarter. Sequoia Financial Advisors LLC now owns 342,150 shares of the auto manufacturer’s stock valued at $4,171,000 after buying an additional 44,581 shares during the period. Pearl River Capital LLC lifted its position in Ford Motor by 174.2% during the 3rd quarter. Pearl River Capital LLC now owns 332,161 shares of the auto manufacturer’s stock valued at $4,125,000 after acquiring an additional 211,037 shares during the period. TIAA Trust National Association bought a new stake in Ford Motor during the third quarter worth about $1,104,000. Mackenzie Financial Corp grew its holdings in Ford Motor by 110.5% in the third quarter. Mackenzie Financial Corp now owns 700,928 shares of the auto manufacturer’s stock worth $8,460,000 after purchasing an additional 367,977 shares during the period. Finally, Axxcess Wealth Management LLC lifted its holdings in shares of Ford Motor by 616.0% during the third quarter. Axxcess Wealth Management LLC now owns 300,951 shares of the auto manufacturer’s stock valued at $3,738,000 after purchasing an additional 258,920 shares during 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.