Ford Motor (NYSE:F - Get Free Report)'s share price was up 0.2% during trading on Tuesday . The company traded as high as $10.03 and last traded at $10.01. Approximately 20,790,120 shares were traded during mid-day trading, a decline of 61% from the average daily volume of 53,823,371 shares. The stock had previously closed at $9.99.
Analyst Ratings Changes
Several equities analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft lowered their price target on Ford Motor from $11.00 to $10.00 and set a "hold" rating on the stock in a research note on Wednesday, October 30th. Barclays lowered their price objective on Ford Motor from $14.00 to $13.00 and set an "overweight" rating on the stock in a research report on Tuesday, October 29th. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $10.00 target price on shares of Ford Motor in a research report on Tuesday, October 29th. Morgan Stanley cut shares of Ford Motor from an "overweight" rating to an "equal weight" rating and dropped their price objective for the company from $16.00 to $12.00 in a research note on Wednesday, September 25th. Finally, Jefferies Financial Group downgraded shares of Ford Motor from a "hold" rating to an "underperform" rating and reduced their price objective for the stock from $12.00 to $9.00 in a report on Monday. Four analysts have rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $11.83.
Read Our Latest Stock Analysis on Ford Motor
Ford Motor Stock Down 0.3 %
The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. The firm's fifty day simple moving average is $10.83 and its 200 day simple moving average is $11.28. The stock has a market capitalization of $39.60 billion, a price-to-earnings ratio of 11.32, a P/E/G ratio of 1.90 and a beta of 1.62.
Ford Motor (NYSE:F - Get Free Report) last posted its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.47 by $0.02. The business had revenue of $46.20 billion during the quarter, compared to the consensus estimate of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. Ford Motor's quarterly revenue was up 5.5% on a year-over-year basis. During the same period last year, the company earned $0.39 earnings per share. On average, sell-side analysts forecast that Ford Motor will post 1.81 earnings per share for the current year.
Ford Motor Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 6.02%. The ex-dividend date was Thursday, November 7th. Ford Motor's dividend payout ratio (DPR) is currently 68.18%.
Institutional Trading of Ford Motor
A number of hedge funds have recently modified their holdings of F. Charles Schwab Investment Management Inc. increased its holdings in Ford Motor by 4.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 122,609,058 shares of the auto manufacturer's stock valued at $1,294,752,000 after buying an additional 5,270,562 shares during the period. Geode Capital Management LLC increased its stake in shares of Ford Motor by 1.7% in the 3rd quarter. Geode Capital Management LLC now owns 81,989,157 shares of the auto manufacturer's stock valued at $863,009,000 after purchasing an additional 1,336,676 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Ford Motor by 27.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 36,190,972 shares of the auto manufacturer's stock worth $453,732,000 after buying an additional 7,793,944 shares in the last quarter. Legal & General Group Plc lifted its position in shares of Ford Motor by 1.0% during the 2nd quarter. Legal & General Group Plc now owns 31,823,353 shares of the auto manufacturer's stock worth $399,066,000 after buying an additional 318,715 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Ford Motor by 2.7% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 24,347,303 shares of the auto manufacturer's stock valued at $257,108,000 after buying an additional 636,330 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company's stock.
Ford Motor Company Profile
(
Get Free Report)
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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