Ford Motor (NYSE:F) Stock Price Up 0.3%

Ford Motor (NYSE:F) shares were up 0.3% on Wednesday . The stock traded as high as $13.00 and last traded at $12.94. Approximately 4,528,733 shares changed hands during mid-day trading, a decline of 91% from the average daily volume of 50,390,559 shares. The stock had previously closed at $12.90.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on F shares. Sanford C. Bernstein started coverage on shares of Ford Motor in a research report on Thursday, May 23rd. They issued an “outperform” rating and a $16.00 price target for the company. Barclays upped their price target on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research report on Thursday, April 11th. Citigroup upped their price target on shares of Ford Motor from $16.00 to $18.00 and gave the stock a “buy” rating in a research report on Thursday, May 2nd. UBS Group upped their price target on shares of Ford Motor from $13.00 to $14.00 and gave the stock a “neutral” rating in a research report on Thursday, April 25th. Finally, Royal Bank of Canada upped their price target on shares of Ford Motor from $12.00 to $13.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 25th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $13.89.

Ford Motor Trading Up 2.0 %

The firm has a market cap of $52.54 billion, a PE ratio of 13.34, a PEG ratio of 0.84 and a beta of 1.62. The stock’s fifty day simple moving average is $12.22 and its 200-day simple moving average is $12.28. The company has a debt-to-equity ratio of 2.32, a current ratio of 1.17 and a quick ratio of 0.99.

Ford Motor (NYSE:F) last released its quarterly earnings data on Wednesday, April 24th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping analysts’ consensus estimates of $0.42 by $0.07. The firm had revenue of $42.78 billion for the quarter, compared to analyst estimates of $42.93 billion. Ford Motor had a net margin of 2.21% and a return on equity of 17.63%. The business’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.63 earnings per share. On average, sell-side analysts forecast that Ford Motor will post 2.02 earnings per share for the current year.

Ford Motor Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 3rd. Investors of record on Wednesday, May 8th were given a dividend of $0.15 per share. The ex-dividend date was Tuesday, May 7th. This represents a $0.60 annualized dividend and a yield of 4.56%. Ford Motor’s dividend payout ratio is presently 61.86%.

Insider Activity at Ford Motor

In other Ford Motor news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the stock in a transaction on Friday, May 24th. The shares were sold at an average price of $12.09, for a total transaction of $982,119.06. Following the transaction, the director now directly owns 168,601 shares of the company’s stock, valued at $2,038,386.09. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.40% of the stock is owned by company insiders.

Hedge Funds Weigh In On Ford Motor

Several hedge funds and other institutional investors have recently modified their holdings of the business. Pinnacle Associates Ltd. lifted its stake in shares of Ford Motor by 2.6% in the first quarter. Pinnacle Associates Ltd. now owns 32,527 shares of the auto manufacturer’s stock worth $432,000 after buying an additional 817 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its stake in Ford Motor by 29.8% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 3,604 shares of the auto manufacturer’s stock worth $44,000 after purchasing an additional 828 shares during the period. Legacy Wealth Asset Management LLC raised its stake in Ford Motor by 1.7% during the first quarter. Legacy Wealth Asset Management LLC now owns 48,916 shares of the auto manufacturer’s stock worth $650,000 after purchasing an additional 836 shares during the period. First United Bank & Trust raised its stake in Ford Motor by 5.4% during the fourth quarter. First United Bank & Trust now owns 16,486 shares of the auto manufacturer’s stock worth $201,000 after purchasing an additional 850 shares during the period. Finally, Lee Financial Co raised its stake in Ford Motor by 3.6% during the fourth quarter. Lee Financial Co now owns 24,836 shares of the auto manufacturer’s stock worth $303,000 after purchasing an additional 854 shares during the period. 58.74% of the stock is owned by hedge funds and other institutional investors.

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.