Ford Motor (NYSE:F) Shares Up 0.9%

Ford Motor (NYSE:F)’s stock price was up 0.9% during mid-day trading on Tuesday . The company traded as high as $10.81 and last traded at $10.65. Approximately 20,317,063 shares were traded during mid-day trading, a decline of 62% from the average daily volume of 53,820,063 shares. The stock had previously closed at $10.56.

Analyst Ratings Changes

A number of research analysts have issued reports on F shares. Royal Bank of Canada reduced their target price on shares of Ford Motor from $13.00 to $10.00 and set a “sector perform” rating on the stock in a report on Monday, August 12th. Evercore ISI upgraded shares of Ford Motor to a “hold” rating in a report on Friday, July 26th. StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. Morgan Stanley downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their price objective for the company from $16.00 to $12.00 in a research report on Wednesday, September 25th. Finally, Wells Fargo & Company lowered their price objective on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a research report on Tuesday, September 10th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, Ford Motor currently has an average rating of “Hold” and a consensus target price of $12.72.

Ford Motor Price Performance

The company has a debt-to-equity ratio of 2.30, a current ratio of 1.17 and a quick ratio of 1.00. The firm has a market cap of $42.96 billion, a price-to-earnings ratio of 10.98, a P/E/G ratio of 0.79 and a beta of 1.62. The business’s 50-day moving average price is $10.80 and its two-hundred day moving average price is $11.97.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share 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 company had revenue of $47.81 billion for the quarter, compared to analyst estimates of $47.79 billion. During the same period in the previous year, the business posted $0.72 EPS. The firm’s quarterly revenue was up 6.3% compared to the same quarter last year. On average, research analysts forecast that Ford Motor will post 1.88 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 7th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.58%. The ex-dividend date of this dividend was Wednesday, August 7th. Ford Motor’s dividend payout ratio is presently 61.86%.

Hedge Funds Weigh In On Ford Motor

Hedge funds have recently added to or reduced their stakes in the business. Olistico Wealth LLC acquired a new position in Ford Motor in the second quarter worth $25,000. Financial Synergies Wealth Advisors Inc. boosted its holdings in Ford Motor by 1,997.9% in the first quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock worth $27,000 after purchasing an additional 1,938 shares during the period. Family Firm Inc. acquired a new position in Ford Motor in the second quarter worth $26,000. Quarry LP bought a new stake in Ford Motor in the second quarter valued at $27,000. Finally, Fortis Group Advisors LLC lifted its stake in Ford Motor by 100.0% in the fourth quarter. Fortis Group Advisors LLC now owns 2,172 shares of the auto manufacturer’s stock valued at $26,000 after buying an additional 1,086 shares during the last quarter. Institutional investors and hedge funds 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.