Ford Motor (NYSE:F) Stock Price Up 0.8%

Ford Motor (NYSE:F)’s stock price traded up 0.8% on Tuesday . The stock traded as high as $9.97 and last traded at $9.94. 10,822,959 shares changed hands during trading, a decline of 80% from the average session volume of 55,079,063 shares. The stock had previously closed at $9.86.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on F shares. UBS Group lifted their target price on shares of Ford Motor from $13.00 to $14.00 and gave the company a “neutral” rating in a research note on Thursday, April 25th. Sanford C. Bernstein started coverage on Ford Motor in a research report on Thursday, May 23rd. They set an “outperform” rating and a $16.00 price objective for the company. Citigroup upped their target price on Ford Motor from $16.00 to $18.00 and gave the stock a “buy” rating in a research report on Thursday, May 2nd. Evercore ISI raised Ford Motor to a “hold” rating in a research note on Friday, July 26th. Finally, StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. One analyst has rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $13.48.

Ford Motor Trading Up 0.4 %

The firm has a market cap of $40.64 billion, a P/E ratio of 10.49, a PEG ratio of 0.75 and a beta of 1.62. The company’s 50 day moving average is $12.09 and its two-hundred day moving average is $12.31. 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 released its quarterly earnings data on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.21). The firm had revenue of $47.81 billion for the quarter, compared to the consensus estimate of $47.79 billion. Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The business’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.72 earnings per share. On average, sell-side analysts predict that Ford Motor will post 1.94 earnings per share for the current year.

Ford Motor Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 3rd. Stockholders of record on Wednesday, August 7th will be paid a $0.15 dividend. The ex-dividend date is Wednesday, August 7th. This represents a $0.60 annualized dividend and a dividend yield of 5.89%. Ford Motor’s dividend payout ratio is currently 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 on Friday, May 24th. The shares were sold at an average price of $12.09, for a total value of $982,119.06. Following the sale, the director now owns 168,601 shares in the company, valued at approximately $2,038,386.09. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.80% of the stock is owned by corporate insiders.

Institutional Trading of Ford Motor

Several large investors have recently made changes to their positions in the business. Olistico Wealth LLC acquired a new position in shares of Ford Motor during the second quarter worth approximately $25,000. Fortis Group Advisors LLC lifted its holdings in Ford Motor by 100.0% during the 4th quarter. Fortis Group Advisors LLC now owns 2,172 shares of the auto manufacturer’s stock worth $26,000 after buying an additional 1,086 shares in the last quarter. Family Firm Inc. bought a new position in Ford Motor in the 2nd quarter valued at $26,000. Voisard Asset Management Group Inc. acquired a new stake in shares of Ford Motor in the 4th quarter valued at $27,000. Finally, Financial Synergies Wealth Advisors Inc. raised its position in shares of Ford Motor by 1,997.9% during the first quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock worth $27,000 after acquiring an additional 1,938 shares during the last quarter. 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.