Ford Motor (NYSE:F) Shares Up 0.2% – Here’s Why

Ford Motor (NYSE:F)’s stock price traded up 0.2% during trading on Tuesday . The company traded as high as $10.03 and last traded at $10.01. 20,790,120 shares were traded during mid-day trading, a decline of 61% from the average session volume of 53,823,371 shares. The stock had previously closed at $9.99.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $10.00 price target on shares of Ford Motor in a research report on Tuesday, October 29th. The Goldman Sachs Group raised Ford Motor from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $12.00 to $13.00 in a research report on Tuesday, October 1st. Barclays reduced their price objective on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research report on Tuesday, October 29th. Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Finally, Morgan Stanley lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their price target for the stock from $16.00 to $12.00 in a research report on Wednesday, September 25th. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $11.83.

Ford Motor Stock Performance

The stock has a market cap of $38.71 billion, a price-to-earnings ratio of 11.07, a P/E/G ratio of 1.90 and a beta of 1.62. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34. The firm has a fifty day simple moving average of $10.81 and a 200-day simple moving average of $11.27.

Ford Motor (NYSE:F) last released its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The company had revenue of $46.20 billion for the quarter, compared to the consensus estimate of $45.13 billion. During the same period in the prior year, the company posted $0.39 EPS. The company’s revenue was up 5.5% compared to the same quarter last year. Analysts forecast that Ford Motor will post 1.81 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were paid a $0.15 dividend. The ex-dividend date was Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.16%. Ford Motor’s dividend payout ratio (DPR) is presently 68.18%.

Institutional Trading of Ford Motor

A number of large investors have recently made changes to their positions in the company. Worldquant Millennium Advisors LLC acquired a new stake in shares of Ford Motor in the 3rd quarter valued at about $55,456,000. ING Groep NV raised its position in Ford Motor by 93.4% in the 3rd quarter. ING Groep NV now owns 1,181,128 shares of the auto manufacturer’s stock valued at $12,473,000 after buying an additional 570,293 shares during the last quarter. OneAscent Financial Services LLC bought a new stake in Ford Motor in the 3rd quarter valued at approximately $545,000. Quantbot Technologies LP boosted its position in Ford Motor by 1,157.9% during the 3rd quarter. Quantbot Technologies LP now owns 181,006 shares of the auto manufacturer’s stock worth $1,911,000 after acquiring an additional 166,617 shares during the last quarter. Finally, GSA Capital Partners LLP grew its stake in shares of Ford Motor by 20.8% during the 3rd quarter. GSA Capital Partners LLP now owns 91,278 shares of the auto manufacturer’s stock worth $964,000 after acquiring an additional 15,729 shares in the last quarter. Institutional investors own 58.74% of the company’s stock.

Ford Motor Company Profile

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.