Ford Motor (NYSE:F) Shares Up 0.6%

Ford Motor (NYSE:F) was up 0.6% during mid-day trading on Monday . The stock traded as high as $12.67 and last traded at $12.61. Approximately 14,278,839 shares were traded during trading, a decline of 72% from the average daily volume of 50,913,648 shares. The stock had previously closed at $12.54.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on F shares. Sanford C. Bernstein started coverage on shares of Ford Motor in a research report on Thursday, May 23rd. They set an “outperform” rating and a $16.00 price target on the stock. Citigroup boosted their price target on shares of Ford Motor from $16.00 to $18.00 and gave the company a “buy” rating in a research report on Thursday, May 2nd. UBS Group boosted their price target on shares of Ford Motor from $13.00 to $14.00 and gave the company a “neutral” rating in a research report on Thursday, April 25th. Piper Sandler began coverage on shares of Ford Motor in a research report on Friday, March 15th. They set a “neutral” rating and a $13.00 price target on the stock. Finally, 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 report on Thursday, April 11th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $13.89.

Ford Motor Trading Up 0.9 %

The stock’s fifty day moving average price is $12.20 and its 200 day moving average price is $12.25. 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 $51.40 billion, a PE ratio of 13.27, a PEG ratio of 0.81 and a beta of 1.62.

Ford Motor (NYSE:F) last posted 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 firm had revenue of $42.78 billion for the quarter, compared to analysts’ expectations of $42.93 billion. During the same quarter in the prior year, the company posted $0.63 earnings per share. The business’s revenue for the quarter was up 3.1% on a year-over-year basis. On average, sell-side analysts forecast that Ford Motor will post 2.02 EPS for the current year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 3rd. Stockholders of record on Wednesday, May 8th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.66%. The ex-dividend date was Tuesday, May 7th. Ford Motor’s payout ratio is 61.86%.

Insider Activity at Ford Motor

In related news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the stock in a transaction that occurred on Friday, May 24th. The shares were sold at an average price of $12.09, for a total transaction of $982,119.06. Following the transaction, the director now owns 168,601 shares in the company, valued at $2,038,386.09. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.40% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Whittier Trust Co. of Nevada Inc. raised its position in Ford Motor by 835.9% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 2,059 shares of the auto manufacturer’s stock worth $25,000 after acquiring an additional 1,839 shares during the period. Fortis Group Advisors LLC grew its stake in Ford Motor by 100.0% during the fourth quarter. Fortis Group Advisors LLC now owns 2,172 shares of the auto manufacturer’s stock valued at $26,000 after acquiring an additional 1,086 shares in the last quarter. Voisard Asset Management Group Inc. purchased a new position in Ford Motor during the fourth quarter valued at $27,000. Financial Synergies Wealth Advisors Inc. grew its stake in Ford Motor by 1,997.9% during the first quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock valued at $27,000 after acquiring an additional 1,938 shares in the last quarter. Finally, Headinvest LLC purchased a new position in Ford Motor during the third quarter valued at $31,000. 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.