Ford Motor (NYSE:F) Shares Up 0.9% - Here's Why

Ford Motor (NYSE:F - Get Free Report)'s stock price rose 0.9% during trading on Wednesday . The company traded as high as $10.05 and last traded at $10.04. Approximately 19,974,986 shares changed hands during trading, a decline of 67% from the average daily volume of 60,560,143 shares. The stock had previously closed at $9.95.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. Bank of America cut their price target on shares of Ford Motor from $19.00 to $15.50 and set a "buy" rating on the stock in a research note on Thursday, February 6th. JPMorgan Chase & Co. decreased their price target on shares of Ford Motor from $14.00 to $13.00 and set an "overweight" rating for the company in a research report on Friday, February 7th. Barclays cut Ford Motor from an "overweight" rating to an "equal weight" rating and reduced their price objective for the company from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Evercore ISI lowered their target price on Ford Motor from $11.00 to $10.00 and set an "in-line" rating for the company in a research note on Monday, February 10th. Finally, TD Cowen began coverage on Ford Motor in a research note on Friday, March 7th. They issued a "hold" rating and a $10.00 price objective for the company. Three investment 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 data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $11.50.

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Ford Motor Trading Up 0.3 %

The company has a market cap of $39.81 billion, a price-to-earnings ratio of 6.88, a P/E/G ratio of 0.61 and a beta of 1.59. The business has a fifty day simple moving average of $9.73 and a 200 day simple moving average of $10.30. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31.

Ford Motor (NYSE:F - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share 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%. On average, equities analysts anticipate that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.97%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor's payout ratio is 41.10%.

Institutional Investors Weigh In On Ford Motor

Institutional investors have recently bought and sold shares of the stock. Albion Financial Group UT lifted its stake in shares of Ford Motor by 38.5% in the 4th quarter. Albion Financial Group UT now owns 3,600 shares of the auto manufacturer's stock valued at $36,000 after purchasing an additional 1,000 shares during the last quarter. Brighton Jones LLC lifted its position in shares of Ford Motor by 5.4% in the fourth quarter. Brighton Jones LLC now owns 19,693 shares of the auto manufacturer's stock worth $195,000 after buying an additional 1,001 shares during the last quarter. Angeles Wealth Management LLC boosted its stake in shares of Ford Motor by 1.3% during the 4th quarter. Angeles Wealth Management LLC now owns 80,728 shares of the auto manufacturer's stock worth $799,000 after acquiring an additional 1,024 shares in the last quarter. Atlas Brown Inc. increased its holdings in shares of Ford Motor by 1.7% during the 4th quarter. Atlas Brown Inc. now owns 63,323 shares of the auto manufacturer's stock valued at $627,000 after acquiring an additional 1,047 shares during the last quarter. Finally, Cornerstone Wealth Group LLC raised its stake in shares of Ford Motor by 10.6% in the 4th quarter. Cornerstone Wealth Group LLC now owns 11,429 shares of the auto manufacturer's stock valued at $113,000 after acquiring an additional 1,098 shares in the last quarter. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

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.