Ford Motor (NYSE:F) Trading Up 0.2% – What’s Next?

Ford Motor (NYSE:F) shot up 0.2% during trading on Wednesday . The stock traded as high as $10.43 and last traded at $10.43. 13,131,628 shares traded hands during trading, a decline of 75% from the average session volume of 53,526,168 shares. The stock had previously closed at $10.41.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. StockNews.com upgraded shares of Ford Motor from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd. Barclays lowered their target price on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research note on Tuesday. Deutsche Bank Aktiengesellschaft reduced their price target on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research report on Wednesday. Royal Bank of Canada restated a “sector perform” rating and issued a $10.00 price objective on shares of Ford Motor in a research report on Tuesday. Finally, Wells Fargo & Company decreased their target price on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a research note on Tuesday, September 10th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $12.41.

Ford Motor Price Performance

The company has a debt-to-equity ratio of 2.30, a quick ratio of 1.00 and a current ratio of 1.17. The stock has a market capitalization of $41.76 billion, a PE ratio of 10.75, a price-to-earnings-growth ratio of 1.58 and a beta of 1.62. The stock’s 50 day moving average is $10.84 and its two-hundred day moving average is $11.65.

Ford Motor (NYSE:F) last released its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.02. Ford Motor had a return on equity of 15.28% and a net margin of 2.13%. The business had revenue of $46.20 billion for the quarter, compared to the consensus estimate of $45.13 billion. During the same quarter last year, the business posted $0.39 earnings per share. The business’s quarterly revenue was up 5.5% compared to the same quarter last year. On average, equities analysts anticipate that Ford Motor will post 1.86 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.74%. The ex-dividend date is Thursday, November 7th. Ford Motor’s payout ratio is 61.86%.

Hedge Funds Weigh In On Ford Motor

Several hedge funds and other institutional investors have recently modified their holdings of F. Dimensional Fund Advisors LP lifted its position in Ford Motor by 27.4% during the second quarter. Dimensional Fund Advisors LP now owns 36,190,972 shares of the auto manufacturer’s stock worth $453,732,000 after buying an additional 7,793,944 shares in the last quarter. Legal & General Group Plc boosted its position in shares of Ford Motor by 1.0% during the 2nd quarter. Legal & General Group Plc now owns 31,823,353 shares of the auto manufacturer’s stock valued at $399,066,000 after acquiring an additional 318,715 shares during the last quarter. LSV Asset Management grew its holdings in shares of Ford Motor by 1.6% in the second quarter. LSV Asset Management now owns 20,115,487 shares of the auto manufacturer’s stock valued at $252,248,000 after purchasing an additional 312,496 shares during the period. Jacobs Levy Equity Management Inc. increased its position in Ford Motor by 11.0% during the first quarter. Jacobs Levy Equity Management Inc. now owns 12,290,204 shares of the auto manufacturer’s stock worth $163,214,000 after purchasing an additional 1,214,640 shares during the last quarter. Finally, National Pension Service increased its position in Ford Motor by 19.7% during the third quarter. National Pension Service now owns 10,115,052 shares of the auto manufacturer’s stock worth $106,815,000 after purchasing an additional 1,663,460 shares during the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

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.