Ford Motor (NYSE:F - Get Free Report) shares rose 3.9% on Friday . The company traded as high as $9.66 and last traded at $9.66. Approximately 40,560,567 shares traded hands during trading, a decline of 46% from the average daily volume of 74,437,305 shares. The stock had previously closed at $9.29.
Wall Street Analyst Weigh In
Several analysts recently issued reports on the stock. Wells Fargo & Company dropped their price objective on shares of Ford Motor from $9.00 to $8.00 and set an "underweight" rating for the company in a research note on Thursday, February 6th. 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. Jefferies Financial Group lowered Ford Motor from a "hold" rating to an "underperform" rating and lowered their price objective for the stock from $12.00 to $9.00 in a research note on Monday, December 16th. Bank of America dropped their target price on Ford Motor from $19.00 to $15.50 and set a "buy" rating for the company in a report on Thursday, February 6th. Finally, BNP Paribas upgraded Ford Motor to a "hold" rating in a report on Monday, February 10th. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $11.89.
View Our Latest Report on F
Ford Motor Stock Up 5.8 %
The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The business's 50 day moving average price is $9.73 and its 200-day moving average price is $10.39. The firm has a market capitalization of $38.23 billion, a PE ratio of 6.61, a P/E/G ratio of 0.61 and a beta of 1.63.
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%. As a group, equities research analysts forecast that Ford Motor will post 1.47 earnings per share for the current year.
Ford Motor Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 6.22%. The ex-dividend date was Tuesday, February 18th. Ford Motor's dividend payout ratio (DPR) is presently 41.10%.
Institutional Trading of Ford Motor
Several institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in shares of Ford Motor by 16.6% in the fourth quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer's stock valued at $3,980,630,000 after acquiring an additional 57,182,803 shares during the period. Norges Bank purchased a new stake in Ford Motor in the 4th quarter valued at $387,282,000. Jacobs Levy Equity Management Inc. raised its position in Ford Motor by 88.0% in the 4th 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 last quarter. Voloridge Investment Management LLC boosted its stake in Ford Motor by 2,905.1% during the 4th quarter. Voloridge Investment Management LLC now owns 7,989,463 shares of the auto manufacturer's stock worth $79,096,000 after purchasing an additional 7,723,601 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in Ford Motor by 5.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer's stock worth $1,278,153,000 after purchasing an additional 6,497,321 shares during the last quarter. Hedge funds and other institutional investors 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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