Ford Motor (NYSE:F) Trading 1.6% Higher - Here's Why

Ford Motor (NYSE:F - Get Free Report) shares shot up 1.6% on Monday . The company traded as high as $9.93 and last traded at $9.89. 28,597,085 shares were traded during trading, a decline of 68% from the average session volume of 90,698,578 shares. The stock had previously closed at $9.73.

Analyst Ratings Changes

A number of research firms recently weighed in on F. Jefferies Financial Group lowered shares of Ford Motor from a "hold" rating to an "underperform" rating and lowered their price target for the stock from $12.00 to $9.00 in a research report on Monday, December 16th. Wolfe Research restated an "underperform" rating on shares of Ford Motor in a research report on Thursday, December 5th. BNP Paribas upgraded shares of Ford Motor to a "hold" rating in a research report on Monday, February 10th. Piper Sandler decreased their target price on shares of Ford Motor from $13.00 to $9.00 and set a "neutral" rating on the stock in a report on Thursday. Finally, TD Cowen initiated coverage on shares of Ford Motor in a report on Friday, March 7th. They issued a "hold" rating and a $10.00 target price on the stock. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, Ford Motor has a consensus rating of "Hold" and a consensus price target of $11.50.

Ford Motor Stock Down 1.4 %

The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. The company has a market cap of $39.73 billion, a price-to-earnings ratio of 6.87, a PEG ratio of 0.61 and a beta of 1.59. The firm's fifty day simple moving average is $9.73 and its 200 day simple moving average is $10.31.

Ford Motor (NYSE:F - Get Free Report) last posted 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%. Sell-side analysts predict that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 5.99%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor's dividend payout ratio (DPR) is presently 41.10%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in F. Empowered Funds LLC boosted its holdings in shares of Ford Motor by 6.3% in the 3rd quarter. Empowered Funds LLC now owns 94,227 shares of the auto manufacturer's stock valued at $995,000 after buying an additional 5,557 shares in the last quarter. Claro Advisors LLC boosted its holdings in shares of Ford Motor by 26.3% in the 3rd quarter. Claro Advisors LLC now owns 17,232 shares of the auto manufacturer's stock valued at $182,000 after buying an additional 3,585 shares in the last quarter. Quest Partners LLC acquired a new position in shares of Ford Motor in the 3rd quarter valued at $96,000. Prospera Financial Services Inc boosted its holdings in shares of Ford Motor by 12.1% in the 3rd quarter. Prospera Financial Services Inc now owns 186,767 shares of the auto manufacturer's stock valued at $1,972,000 after buying an additional 20,202 shares in the last quarter. Finally, Fifth Third Wealth Advisors LLC boosted its holdings in shares of Ford Motor by 44.2% in the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 77,669 shares of the auto manufacturer's stock valued at $820,000 after buying an additional 23,822 shares in the last quarter. 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.