Ford Motor (NYSE:F - Get Free Report) shares rose 1.4% on Tuesday . The stock traded as high as $9.35 and last traded at $9.31. Approximately 17,677,946 shares traded hands during mid-day trading, a decline of 77% from the average daily volume of 75,969,617 shares. The stock had previously closed at $9.18.
Analysts Set New Price Targets
F has been the subject of several analyst reports. Royal Bank of Canada cut their price target on Ford Motor from $10.00 to $9.00 and set a "sector perform" rating for the company in a report on Thursday, February 6th. Deutsche Bank Aktiengesellschaft dropped their price objective on Ford Motor from $11.00 to $10.00 and set a "hold" rating for the company in a report on Wednesday, October 30th. Barclays downgraded Ford Motor from an "overweight" rating to an "equal weight" rating and dropped their price objective for the stock from $13.00 to $11.00 in a report on Wednesday, January 22nd. Sanford C. Bernstein downgraded Ford Motor from an "outperform" rating to a "market perform" rating and set a $11.00 price objective for the company. in a report on Thursday, November 7th. Finally, Jefferies Financial Group downgraded Ford Motor from a "hold" rating to an "underperform" rating and dropped their price objective for the stock from $12.00 to $9.00 in a report on Monday, December 16th. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $11.89.
Check Out Our Latest Analysis on F
Ford Motor Stock Down 1.1 %
The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. The firm's 50-day moving average price is $9.83 and its 200 day moving average price is $10.43. The firm has a market cap of $36.80 billion, a P/E ratio of 6.36, a PEG ratio of 0.60 and a beta of 1.63.
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 the consensus estimate of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. On average, equities research analysts expect that Ford Motor will post 1.47 earnings per share for the current fiscal year.
Ford Motor Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $0.60 annualized dividend and a dividend yield of 6.46%. Ford Motor's payout ratio is 41.10%.
Institutional Investors Weigh In On Ford Motor
Several institutional investors and hedge funds have recently bought and sold shares of F. Vanguard Group Inc. raised its stake in Ford Motor by 16.6% during the fourth quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer's stock worth $3,980,630,000 after acquiring an additional 57,182,803 shares during the period. Norges Bank acquired a new stake in shares of Ford Motor in the fourth quarter valued at approximately $387,282,000. Jacobs Levy Equity Management Inc. increased its stake in shares of Ford Motor by 88.0% in the fourth quarter. Jacobs Levy Equity Management Inc. now owns 22,512,285 shares of the auto manufacturer's stock valued at $222,872,000 after purchasing an additional 10,535,335 shares during the period. Assenagon Asset Management S.A. increased its stake in shares of Ford Motor by 14,373.9% in the third quarter. Assenagon Asset Management S.A. now owns 8,885,389 shares of the auto manufacturer's stock valued at $93,830,000 after purchasing an additional 8,824,000 shares during the period. Finally, Voloridge Investment Management LLC increased its stake in shares of Ford Motor by 2,905.1% in the fourth quarter. Voloridge Investment Management LLC now owns 7,989,463 shares of the auto manufacturer's stock valued at $79,096,000 after purchasing an additional 7,723,601 shares during the period. Institutional investors and hedge funds own 58.74% of the company's stock.
About Ford Motor
(
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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