Ford Motor (NYSE:F) Stock Price Up 0.1% – Here’s What Happened

Ford Motor (NYSE:F) traded up 0.1% during trading on Tuesday . The company traded as high as $10.04 and last traded at $9.93. 24,575,458 shares traded hands during trading, a decline of 59% from the average session volume of 60,336,747 shares. The stock had previously closed at $9.92.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on F shares. Jefferies Financial Group downgraded Ford Motor from a “hold” rating to an “underperform” rating and cut their target price for the stock from $12.00 to $9.00 in a research report on Monday, December 16th. Evercore ISI decreased their target price on Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a research note on Monday, February 10th. Barclays cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their price target for the stock from $13.00 to $11.00 in a research report on Wednesday, January 22nd. BNP Paribas upgraded shares of Ford Motor to a “hold” rating in a research report on Monday, February 10th. Finally, Bank of America dropped their target price on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a report on Thursday, February 6th. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $11.68.

Ford Motor Stock Performance

The stock has a market capitalization of $39.27 billion, a PE ratio of 6.78, a P/E/G ratio of 0.61 and a beta of 1.59. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The firm has a 50 day moving average of $9.71 and a 200-day moving average of $10.32.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. Research analysts forecast that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.06%. The ex-dividend date was Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is currently 41.10%.

Hedge Funds Weigh In On Ford Motor

A number of hedge funds have recently modified their holdings of F. Albion Financial Group UT grew its stake in Ford Motor by 38.5% in the fourth quarter. Albion Financial Group UT now owns 3,600 shares of the auto manufacturer’s stock valued at $36,000 after purchasing an additional 1,000 shares in the last quarter. Brighton Jones LLC boosted its holdings in shares of Ford Motor by 5.4% in the 4th quarter. Brighton Jones LLC now owns 19,693 shares of the auto manufacturer’s stock valued at $195,000 after buying an additional 1,001 shares during the last quarter. Angeles Wealth Management LLC boosted its holdings in shares of Ford Motor by 1.3% in the 4th quarter. Angeles Wealth Management LLC now owns 80,728 shares of the auto manufacturer’s stock valued at $799,000 after buying an additional 1,024 shares during the last quarter. Atlas Brown Inc. increased its holdings in Ford Motor by 1.7% during the fourth quarter. Atlas Brown Inc. now owns 63,323 shares of the auto manufacturer’s stock worth $627,000 after buying an additional 1,047 shares during the last quarter. Finally, Cornerstone Wealth Group LLC raised its position in Ford Motor by 10.6% during the fourth quarter. Cornerstone Wealth Group LLC now owns 11,429 shares of the auto manufacturer’s stock worth $113,000 after acquiring an additional 1,098 shares in the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

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.