Ford Motor (NYSE:F) Trading Down 1.1%

Ford Motor (NYSE:F)’s stock price was down 1.1% during mid-day trading on Friday . The company traded as low as $11.77 and last traded at $11.81. Approximately 11,989,216 shares changed hands during trading, a decline of 76% from the average daily volume of 50,912,035 shares. The stock had previously closed at $11.94.

Analyst Ratings Changes

F has been the subject of several research analyst reports. Piper Sandler started coverage on shares of Ford Motor in a research note on Friday, March 15th. They set a “neutral” rating and a $13.00 target price for the company. Barclays lifted their target price on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a report on Thursday, April 11th. Royal Bank of Canada raised their price target on Ford Motor from $12.00 to $13.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 25th. UBS Group boosted their price objective on Ford Motor from $13.00 to $14.00 and gave the company a “neutral” rating in a report on Thursday, April 25th. Finally, Sanford C. Bernstein started coverage on Ford Motor in a report on Thursday, May 23rd. They set an “outperform” rating and a $16.00 target price for the company. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $13.89.

Ford Motor Stock Performance

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 company has a market cap of $47.27 billion, a PE ratio of 12.21, a price-to-earnings-growth ratio of 0.77 and a beta of 1.61. The firm has a fifty day simple moving average of $12.19 and a 200-day simple moving average of $12.19.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, April 24th. The auto manufacturer reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.07. The company had revenue of $42.78 billion during the quarter, compared to analysts’ expectations of $42.93 billion. Ford Motor had a return on equity of 17.63% and a net margin of 2.21%. The firm’s revenue for the quarter was up 3.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.63 earnings per share. On average, research analysts forecast that Ford Motor will post 2.02 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 3rd. Stockholders of record on Wednesday, May 8th were issued a $0.15 dividend. The ex-dividend date was Tuesday, May 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.07%. Ford Motor’s payout ratio is 61.86%.

Insider Buying and Selling

In other news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the business’s stock in a transaction that occurred on Friday, May 24th. The stock was sold at an average price of $12.09, for a total value of $982,119.06. Following the transaction, the director now owns 168,601 shares of the company’s stock, valued at $2,038,386.09. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 0.80% of the company’s stock.

Institutional Trading of Ford Motor

Hedge funds and other institutional investors have recently made changes to their positions in the company. Norges Bank acquired a new position in Ford Motor during the fourth quarter worth $475,899,000. Coatue Management LLC acquired a new stake in shares of Ford Motor in the fourth quarter valued at about $149,152,000. Newport Trust Company LLC boosted its holdings in Ford Motor by 4.5% during the fourth quarter. Newport Trust Company LLC now owns 155,177,214 shares of the auto manufacturer’s stock worth $1,891,610,000 after buying an additional 6,667,808 shares in the last quarter. Fisher Asset Management LLC increased its holdings in Ford Motor by 6.3% in the fourth quarter. Fisher Asset Management LLC now owns 59,152,154 shares of the auto manufacturer’s stock valued at $721,065,000 after buying an additional 3,522,965 shares in the last quarter. Finally, International Assets Investment Management LLC increased its holdings in Ford Motor by 1,084.8% in the fourth quarter. International Assets Investment Management LLC now owns 2,696,966 shares of the auto manufacturer’s stock valued at $32,876,000 after buying an additional 2,469,344 shares in the last quarter. Hedge funds and other institutional investors 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.