Ford Motor (NYSE:F) Trading Up 1.6% – What’s Next?

Shares of Ford Motor (NYSE:F) were up 1.6% during trading on Monday . The stock traded as high as $9.93 and last traded at $9.89. Approximately 28,597,085 shares changed hands during mid-day trading, a decline of 68% from the average daily volume of 90,698,578 shares. The stock had previously closed at $9.73.

Analyst Ratings Changes

F has been the subject of several analyst reports. Wells Fargo & Company lowered their price target on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a report on Thursday, February 6th. TD Cowen started coverage on shares of Ford Motor in a research note on Friday, March 7th. They set a “hold” rating and a $10.00 target price for the company. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. JPMorgan Chase & Co. decreased their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Friday, February 7th. Finally, BNP Paribas raised Ford Motor to a “hold” rating in a research note on Monday, February 10th. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $11.68.

Ford Motor Price Performance

The business has a 50-day moving average price of $9.71 and a two-hundred day moving average price of $10.31. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The company has a market capitalization of $39.42 billion, a price-to-earnings ratio of 6.81, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59.

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

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a $0.15 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $0.60 annualized dividend and a yield of 6.03%. Ford Motor’s payout ratio is 41.10%.

Institutional Trading of Ford Motor

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Empowered Funds LLC grew its holdings in Ford Motor by 6.3% during the third quarter. Empowered Funds LLC now owns 94,227 shares of the auto manufacturer’s stock worth $995,000 after buying an additional 5,557 shares in the last quarter. Claro Advisors LLC boosted its holdings in Ford Motor by 26.3% during the 3rd quarter. Claro Advisors LLC now owns 17,232 shares of the auto manufacturer’s stock worth $182,000 after acquiring an additional 3,585 shares during the last quarter. Swiss National Bank grew its stake in shares of Ford Motor by 0.7% in the 3rd quarter. Swiss National Bank now owns 11,639,886 shares of the auto manufacturer’s stock worth $122,917,000 after acquiring an additional 84,600 shares in the last quarter. Quest Partners LLC purchased a new stake in shares of Ford Motor in the third quarter valued at about $96,000. Finally, OneAscent Wealth Management LLC bought a new position in shares of Ford Motor during the third quarter valued at about $275,000. 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.