Ford Motor (NYSE:F) Trading 0.4% Higher – What’s Next?

Ford Motor (NYSE:F) traded up 0.4% on Monday . The company traded as high as $9.30 and last traded at $9.28. 25,017,161 shares changed hands during mid-day trading, a decline of 68% from the average session volume of 78,427,070 shares. The stock had previously closed at $9.24.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on F. Evercore ISI lowered their price target on Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a report on Monday. Sanford C. Bernstein lowered Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price for the company. in a report on Thursday, November 7th. Royal Bank of Canada cut their price target on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a report on Thursday, February 6th. Bank of America dropped their price target on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a research report on Thursday, February 6th. Finally, Deutsche Bank Aktiengesellschaft cut their price target on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a report on Wednesday, October 30th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $11.89.

Ford Motor Price Performance

The firm has a market capitalization of $36.72 billion, a P/E ratio of 6.33, a PEG ratio of 1.80 and a beta of 1.63. The company has a quick ratio of 0.98, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The business’s 50 day moving average is $10.00 and its 200-day moving average is $10.50.

Ford Motor (NYSE:F) last issued its 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 return on equity of 16.88% and a net margin of 3.18%. As a group, sell-side analysts predict that Ford Motor will post 1.7 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 6.49%. The ex-dividend date of this dividend is Tuesday, February 18th. Ford Motor’s dividend payout ratio is presently 41.10%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of F. Hager Investment Management Services LLC purchased a new stake in shares of Ford Motor during the 4th quarter valued at $26,000. Bank of Jackson Hole Trust bought a new stake in shares of Ford Motor during the fourth quarter valued at about $29,000. Flagship Wealth Advisors LLC bought a new position in Ford Motor in the 4th quarter valued at $30,000. Kentucky Trust Co bought a new position in Ford Motor in the 4th quarter worth about $31,000. Finally, Reston Wealth Management LLC purchased a new stake in Ford Motor in the third quarter valued at approximately $33,000. Institutional investors and hedge funds 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.