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

Ford Motor (NYSE:F)’s share price rose 0.6% during mid-day trading on Tuesday . The stock traded as high as $13.05 and last traded at $12.96. Approximately 22,331,073 shares changed hands during trading, a decline of 58% from the average daily volume of 53,040,699 shares. The stock had previously closed at $12.88.

Wall Street Analysts Forecast Growth

F has been the topic of several research reports. Citigroup raised their price objective on shares of Ford Motor from $15.00 to $16.00 and gave the stock a “buy” rating in a research report on Wednesday, February 7th. UBS Group cut shares of Ford Motor from a “buy” rating to a “neutral” rating and set a $12.00 target price for the company. in a research note on Wednesday, January 17th. Morgan Stanley raised their target price on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 13th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $12.00 price objective on shares of Ford Motor in a research note on Wednesday, February 7th. Finally, Piper Sandler assumed coverage on shares of Ford Motor in a research note on Friday, March 15th. They issued a “neutral” rating and a $13.00 price objective for the company. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $13.82.

Ford Motor Trading Up 0.7 %

The firm has a market capitalization of $51.54 billion, a PE ratio of 12.00, a P/E/G ratio of 0.96 and a beta of 1.63. The company has a quick ratio of 1.04, a current ratio of 1.20 and a debt-to-equity ratio of 2.33. The business’s fifty day moving average price is $12.59 and its 200 day moving average price is $11.76.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.17. The business had revenue of $43.21 billion during the quarter, compared to the consensus estimate of $43.06 billion. Ford Motor had a net margin of 2.47% and a return on equity of 18.95%. The company’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.51 earnings per share. As a group, analysts expect that Ford Motor will post 1.89 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently declared a Variable dividend, which was paid on Friday, March 1st. Stockholders of record on Friday, February 16th were issued a dividend of $0.33 per share. The ex-dividend date was Thursday, February 15th. This represents a dividend yield of 4.7%. Ford Motor’s dividend payout ratio (DPR) is presently 55.56%.

Insider Transactions at Ford Motor

In related news, CAO Mark Kosman sold 26,898 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the chief accounting officer now directly owns 7,102 shares in the company, valued at $88,988.06. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 0.40% of the company’s stock.

Hedge Funds Weigh In On Ford Motor

A number of institutional investors have recently added to or reduced their stakes in F. Newport Trust Company LLC increased its position in shares of Ford Motor by 4.5% in the 4th quarter. Newport Trust Company LLC now owns 155,177,214 shares of the auto manufacturer’s stock worth $1,891,610,000 after purchasing an additional 6,667,808 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Ford Motor by 0.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 87,661,675 shares of the auto manufacturer’s stock worth $1,068,596,000 after purchasing an additional 269,887 shares during the last quarter. Fisher Asset Management LLC increased its position in shares of Ford Motor by 6.3% in the 4th quarter. Fisher Asset Management LLC now owns 59,152,154 shares of the auto manufacturer’s stock worth $721,065,000 after purchasing an additional 3,522,965 shares during the last quarter. Norges Bank bought a new stake in shares of Ford Motor in the 4th quarter worth about $475,899,000. Finally, Northern Trust Corp increased its position in shares of Ford Motor by 3.8% in the 3rd quarter. Northern Trust Corp now owns 38,108,825 shares of the auto manufacturer’s stock worth $473,312,000 after purchasing an additional 1,392,408 shares during the last quarter. 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.