Ford Motor (NYSE:F) Trading Down 1.1%

Ford Motor (NYSE:F) shares traded down 1.1% during trading on Wednesday . The company traded as low as $11.94 and last traded at $12.09. 56,392,158 shares were traded during trading, an increase of 21% from the average session volume of 46,440,924 shares. The stock had previously closed at $12.23.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on F. Morgan Stanley upped their target price on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research note on Tuesday, February 13th. Royal Bank of Canada reissued a “sector perform” rating and issued a $12.00 target price on shares of Ford Motor in a research note on Wednesday, February 7th. Piper Sandler began coverage on shares of Ford Motor in a research note on Friday, March 15th. They issued a “neutral” rating and a $13.00 target price on the stock. Barclays upped their target price on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research note on Thursday, April 11th. Finally, Redburn Atlantic started coverage on shares of Ford Motor in a research note on Wednesday, January 24th. They set a “sell” rating and a $10.00 price objective on the stock. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $13.82.

Ford Motor Trading Down 1.1 %

The business’s 50-day moving average price is $12.63 and its two-hundred day moving average price is $11.76. The company has a market capitalization of $48.04 billion, a P/E ratio of 11.19, a PEG ratio of 0.97 and a beta of 1.63. The company has a debt-to-equity ratio of 2.33, a current ratio of 1.20 and a quick ratio of 1.04.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.17. The company had revenue of $43.21 billion for the quarter, compared to analysts’ expectations of $43.06 billion. Ford Motor had a net margin of 2.47% and a return on equity of 18.95%. The business’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same period last year, the firm posted $0.51 earnings per share. As a group, analysts forecast that Ford Motor will post 1.9 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently disclosed a Variable dividend, which was paid on Friday, March 1st. Investors of record on Friday, February 16th were given a $0.33 dividend. The ex-dividend date of this dividend was Thursday, February 15th. This represents a yield of 4.7%. Ford Motor’s dividend payout ratio is currently 55.56%.

Insider Buying and Selling at Ford Motor

In other Ford Motor news, CAO Mark Kosman sold 26,898 shares of Ford Motor stock in a transaction 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 sale, the chief accounting officer now directly owns 7,102 shares in the company, valued at approximately $88,988.06. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.40% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Meridian Wealth Management LLC increased its stake in shares of Ford Motor by 86.4% during the 3rd quarter. Meridian Wealth Management LLC now owns 657,842 shares of the auto manufacturer’s stock worth $8,170,000 after purchasing an additional 304,923 shares during the last quarter. Sequoia Financial Advisors LLC boosted its holdings in shares of Ford Motor by 15.0% during the 4th quarter. Sequoia Financial Advisors LLC now owns 342,150 shares of the auto manufacturer’s stock worth $4,171,000 after buying an additional 44,581 shares during the period. Pearl River Capital LLC boosted its holdings in shares of Ford Motor by 174.2% during the 3rd quarter. Pearl River Capital LLC now owns 332,161 shares of the auto manufacturer’s stock worth $4,125,000 after buying an additional 211,037 shares during the period. TIAA Trust National Association bought a new stake in shares of Ford Motor during the 3rd quarter worth about $1,104,000. Finally, Mackenzie Financial Corp boosted its holdings in shares of Ford Motor by 110.5% during the 3rd quarter. Mackenzie Financial Corp now owns 700,928 shares of the auto manufacturer’s stock worth $8,460,000 after buying an additional 367,977 shares during the period. 58.74% of the stock is currently owned by institutional investors and hedge funds.

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.