Ford Motor (NYSE:F - Get Free Report) shares saw unusually-strong trading volume on Thursday . Approximately 65,438,015 shares were traded during mid-day trading, an increase of 4% from the previous session's volume of 62,758,659 shares.The stock last traded at $10.02 and had previously closed at $10.30.
Analyst Upgrades and Downgrades
A number of analysts have weighed in on F shares. Jefferies Financial Group downgraded Ford Motor from a "hold" rating to an "underperform" rating and decreased their price target for the stock from $12.00 to $9.00 in a report on Monday, December 16th. Piper Sandler decreased their target price on Ford Motor from $13.00 to $9.00 and set a "neutral" rating for the company in a research note on Thursday, March 20th. Wolfe Research reaffirmed an "underperform" rating on shares of Ford Motor in a research report on Thursday, December 5th. JPMorgan Chase & Co. lowered their price objective on shares of Ford Motor from $13.00 to $11.00 and set an "overweight" rating for the company in a research note on Thursday. Finally, Evercore ISI cut their target price on shares of Ford Motor from $11.00 to $10.00 and set an "in-line" rating on the stock in a research note on Monday, February 10th. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and four have issued a buy rating to the stock. According to MarketBeat, Ford Motor currently has a consensus rating of "Hold" and an average target price of $11.37.
Get Our Latest Analysis on F
Ford Motor Price Performance
The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The business's 50-day moving average is $9.75 and its two-hundred day moving average is $10.28. The company has a market capitalization of $38.54 billion, a P/E ratio of 6.66, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59.
Ford Motor (NYSE:F - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 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, analysts predict that Ford Motor will post 1.47 earnings per share for the current year.
Ford Motor Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a dividend of $0.15 per share. The ex-dividend date was Tuesday, February 18th. This represents a $0.60 annualized dividend and a yield of 6.17%. Ford Motor's payout ratio is currently 41.10%.
Institutional Investors Weigh In On Ford Motor
Large investors have recently modified their holdings of the stock. Franklin Resources Inc. increased its holdings in Ford Motor by 29.8% in the 3rd quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer's stock worth $15,998,000 after acquiring an additional 336,720 shares during the last quarter. NCP Inc. increased its stake in shares of Ford Motor by 62.0% in the fourth quarter. NCP Inc. now owns 74,520 shares of the auto manufacturer's stock worth $738,000 after purchasing an additional 28,528 shares in the last quarter. Principal Financial Group Inc. increased its stake in shares of Ford Motor by 3.8% in the third quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer's stock worth $46,408,000 after purchasing an additional 160,409 shares in the last quarter. Worldquant Millennium Advisors LLC purchased a new stake in shares of Ford Motor during the 3rd quarter valued at approximately $55,456,000. Finally, Alberta Investment Management Corp lifted its stake in shares of Ford Motor by 87.1% during the 4th quarter. Alberta Investment Management Corp now owns 196,100 shares of the auto manufacturer's stock valued at $1,941,000 after buying an additional 91,300 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company's stock.
About Ford Motor
(
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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.
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