Ford Motor (NYSE:F) Stock Price Down 0.2%

Shares of Ford Motor (NYSE:F) fell 0.2% on Wednesday . The company traded as low as $10.05 and last traded at $10.12. 6,697,558 shares changed hands during mid-day trading, a decline of 88% from the average session volume of 54,997,832 shares. The stock had previously closed at $10.14.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. Citigroup lifted their target price on Ford Motor from $16.00 to $18.00 and gave the stock a “buy” rating in a report on Thursday, May 2nd. Royal Bank of Canada dropped their price objective on shares of Ford Motor from $13.00 to $10.00 and set a “sector perform” rating on the stock in a report on Monday. UBS Group raised their target price on shares of Ford Motor from $13.00 to $14.00 and gave the stock a “neutral” rating in a report on Thursday, April 25th. The Goldman Sachs Group lowered their price target on shares of Ford Motor from $14.00 to $12.00 and set a “neutral” rating on the stock in a report on Thursday, July 25th. Finally, Evercore ISI upgraded Ford Motor to a “hold” rating in a research note on Friday, July 26th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, Ford Motor presently has an average rating of “Hold” and a consensus target price of $13.48.

Ford Motor Trading Up 0.1 %

The company has a quick ratio of 1.00, a current ratio of 1.17 and a debt-to-equity ratio of 2.30. The company’s 50-day moving average price is $12.12 and its 200-day moving average price is $12.33. The firm has a market cap of $40.52 billion, a price-to-earnings ratio of 10.43, a price-to-earnings-growth ratio of 0.75 and a beta of 1.62.

Ford Motor (NYSE:F) last released its earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.68 by ($0.21). Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The firm had revenue of $47.81 billion during the quarter, compared to analysts’ expectations of $47.79 billion. During the same quarter last year, the business earned $0.72 EPS. The business’s revenue was up 6.3% compared to the same quarter last year. Equities analysts expect that Ford Motor will post 1.94 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 3rd. Stockholders of record on Wednesday, August 7th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.91%. The ex-dividend date of this dividend is Wednesday, August 7th. Ford Motor’s dividend payout ratio (DPR) is 61.86%.

Insider Activity at Ford Motor

In other Ford Motor news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the firm’s stock in a transaction on Friday, May 24th. The stock was sold at an average price of $12.09, for a total value of $982,119.06. Following the completion of the sale, the director now directly owns 168,601 shares of the company’s stock, valued at approximately $2,038,386.09. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.80% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Ford Motor

Several large investors have recently modified their holdings of the business. Pinnacle Associates Ltd. grew its holdings in Ford Motor by 2.6% in the first quarter. Pinnacle Associates Ltd. now owns 32,527 shares of the auto manufacturer’s stock valued at $432,000 after purchasing an additional 817 shares during the period. Annis Gardner Whiting Capital Advisors LLC grew its stake in shares of Ford Motor by 29.8% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 3,604 shares of the auto manufacturer’s stock valued at $44,000 after buying an additional 828 shares during the period. Legacy Wealth Asset Management LLC increased its holdings in shares of Ford Motor by 1.7% during the 1st quarter. Legacy Wealth Asset Management LLC now owns 48,916 shares of the auto manufacturer’s stock worth $650,000 after buying an additional 836 shares during the last quarter. Insight Wealth Partners LLC boosted its holdings in Ford Motor by 1.9% in the second quarter. Insight Wealth Partners LLC now owns 44,144 shares of the auto manufacturer’s stock valued at $554,000 after acquiring an additional 843 shares during the last quarter. Finally, Pallas Capital Advisors LLC grew its position in Ford Motor by 2.9% during the second quarter. Pallas Capital Advisors LLC now owns 29,850 shares of the auto manufacturer’s stock valued at $374,000 after acquiring an additional 846 shares during the period. 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.