Ford Motor (NYSE:F) Trading Up 2.4%

Ford Motor (NYSE:F) rose 2.4% during mid-day trading on Friday . The stock traded as high as $10.96 and last traded at $10.94. Approximately 15,744,239 shares were traded during trading, a decline of 71% from the average daily volume of 53,795,594 shares. The stock had previously closed at $10.68.

Wall Street Analyst Weigh In

F has been the topic of several analyst reports. Barclays reduced their price target on shares of Ford Motor from $17.00 to $16.00 and set an “overweight” rating on the stock in a research report on Thursday, July 25th. Royal Bank of Canada reduced their price target on shares of Ford Motor from $13.00 to $10.00 and set a “sector perform” rating on the stock in a research report on Monday, August 12th. Evercore ISI upgraded shares of Ford Motor to a “hold” rating in a research report on Friday, July 26th. Morgan Stanley lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from $16.00 to $12.00 in a research report on Wednesday. Finally, StockNews.com upgraded shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $12.64.

Ford Motor Trading Up 1.4 %

The company has a market cap of $43.24 billion, a price-to-earnings ratio of 11.28, a price-to-earnings-growth ratio of 0.79 and a beta of 1.62. The business’s fifty day moving average price is $10.93 and its 200 day moving average price is $11.99. The company has a debt-to-equity ratio of 2.30, a current ratio of 1.17 and a quick ratio of 1.00.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.21). Ford Motor had a return on equity of 15.28% and a net margin of 2.13%. The business had revenue of $47.81 billion for the quarter, compared to analyst estimates of $47.79 billion. During the same quarter last year, the firm posted $0.72 EPS. Ford Motor’s revenue for the quarter was up 6.3% on a year-over-year basis. Research analysts anticipate that Ford Motor will post 1.88 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Wednesday, August 7th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 5.54%. The ex-dividend date of this dividend was Wednesday, August 7th. Ford Motor’s dividend payout ratio is presently 61.86%.

Institutional Investors Weigh In On Ford Motor

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Price T Rowe Associates Inc. MD increased its position in shares of Ford Motor by 1.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 5,349,276 shares of the auto manufacturer’s stock worth $71,039,000 after acquiring an additional 59,082 shares in the last quarter. Wedmont Private Capital boosted its holdings in Ford Motor by 33.1% during the first quarter. Wedmont Private Capital now owns 17,124 shares of the auto manufacturer’s stock worth $232,000 after purchasing an additional 4,255 shares during the last quarter. Hodges Capital Management Inc. boosted its stake in Ford Motor by 18.3% in the first quarter. Hodges Capital Management Inc. now owns 95,500 shares of the auto manufacturer’s stock valued at $1,268,000 after acquiring an additional 14,750 shares during the last quarter. Focus Financial Network Inc. ADV purchased a new position in Ford Motor in the fourth quarter valued at about $2,812,000. Finally, Park Avenue Securities LLC boosted its stake in Ford Motor by 9.6% in the first quarter. Park Avenue Securities LLC now owns 155,951 shares of the auto manufacturer’s stock valued at $2,071,000 after acquiring an additional 13,597 shares during the last quarter. 58.74% of the stock is owned by 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.