Ford Motor (NYSE:F) Stock Price Up 1.4%

Ford Motor (NYSE:F) shares shot up 1.4% during mid-day trading on Friday . The company traded as high as $10.79 and last traded at $10.77. 7,668,794 shares were traded during mid-day trading, a decline of 86% from the average session volume of 53,967,008 shares. The stock had previously closed at $10.62.

Analyst Ratings Changes

F has been the topic of several recent research reports. Barclays reduced their price objective on Ford Motor from $17.00 to $16.00 and set an “overweight” rating on the stock in a research report on Thursday, July 25th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $11.00 price objective on shares of Ford Motor in a report on Tuesday, September 10th. Evercore ISI raised shares of Ford Motor to a “hold” rating in a report on Friday, July 26th. Royal Bank of Canada decreased 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 research report on Monday, August 12th. Finally, Wolfe Research began coverage on Ford Motor in a research note on Thursday, September 5th. They set a “peer perform” rating on the stock. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $12.95.

Ford Motor Price Performance

The company has a debt-to-equity ratio of 2.30, a quick ratio of 1.00 and a current ratio of 1.17. The business has a 50-day simple moving average of $11.47 and a 200 day simple moving average of $12.09. The firm has a market cap of $42.50 billion, a P/E ratio of 11.02, a price-to-earnings-growth ratio of 0.76 and a beta of 1.62.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.21). The business 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%. Ford Motor’s revenue was up 6.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.72 EPS. On average, analysts anticipate that Ford Motor will post 1.88 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Wednesday, August 7th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.61%. The ex-dividend date was Wednesday, August 7th. Ford Motor’s payout ratio is 61.86%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Price T Rowe Associates Inc. MD increased its stake in shares of Ford Motor by 1.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,349,276 shares of the auto manufacturer’s stock worth $71,039,000 after acquiring an additional 59,082 shares in the last quarter. Wedmont Private Capital increased its stake in shares of Ford Motor by 33.1% during the first quarter. Wedmont Private Capital now owns 17,124 shares of the auto manufacturer’s stock valued at $232,000 after purchasing an additional 4,255 shares in the last quarter. Hodges Capital Management Inc. lifted its holdings in shares of Ford Motor by 18.3% during the first quarter. Hodges Capital Management Inc. now owns 95,500 shares of the auto manufacturer’s stock valued at $1,268,000 after purchasing an additional 14,750 shares during the last quarter. Focus Financial Network Inc. ADV purchased a new stake in shares of Ford Motor in the 4th quarter worth approximately $2,812,000. Finally, Park Avenue Securities LLC increased its position in Ford Motor by 9.6% during the 1st quarter. Park Avenue Securities LLC now owns 155,951 shares of the auto manufacturer’s stock valued at $2,071,000 after buying an additional 13,597 shares in the last quarter. Hedge funds and other 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.