Ford Motor (NYSE:F) Stock Price Up 1% - Here's What Happened

Shares of Ford Motor (NYSE:F - Get Free Report) were up 1% during trading on Wednesday . The company traded as high as $10.09 and last traded at $10.07. Approximately 10,103,343 shares were traded during mid-day trading, a decline of 81% from the average daily volume of 53,880,820 shares. The stock had previously closed at $9.97.

Wall Street Analyst Weigh In

F has been the topic of several recent analyst reports. The Goldman Sachs Group raised shares of Ford Motor from a "neutral" rating to a "buy" rating and upped their price target for the company from $12.00 to $13.00 in a report on Tuesday, October 1st. Jefferies Financial Group cut Ford Motor from a "hold" rating to an "underperform" rating and cut their price objective for the company from $12.00 to $9.00 in a research note on Monday. Barclays reduced their target price on Ford Motor from $14.00 to $13.00 and set an "overweight" rating on the stock in a report on Tuesday, October 29th. Wolfe Research reiterated an "underperform" rating on shares of Ford Motor in a report on Thursday, December 5th. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective 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. Four investment analysts have rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $11.83.

Ford Motor Trading Down 2.8 %

The company's 50-day moving average is $10.83 and its 200-day moving average is $11.28. The firm has a market cap of $38.51 billion, a price-to-earnings ratio of 11.01, a P/E/G ratio of 1.90 and a beta of 1.62. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15.

Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, topping analysts' consensus estimates of $0.47 by $0.02. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The firm had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. During the same period last year, the company earned $0.39 earnings per share. The company's revenue was up 5.5% on a year-over-year basis. On average, research analysts predict that Ford Motor will post 1.81 earnings per share for the current year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 7th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 6.19%. The ex-dividend date of this dividend was Thursday, November 7th. Ford Motor's payout ratio is 68.18%.

Institutional Investors Weigh In On Ford Motor

Large investors have recently modified their holdings of the business. First Horizon Advisors Inc. grew its stake in shares of Ford Motor by 73.3% during the 2nd quarter. First Horizon Advisors Inc. now owns 16,638 shares of the auto manufacturer's stock worth $209,000 after acquiring an additional 7,038 shares in the last quarter. Dakota Wealth Management boosted its holdings in Ford Motor by 18.2% in the 2nd quarter. Dakota Wealth Management now owns 25,573 shares of the auto manufacturer's stock valued at $321,000 after purchasing an additional 3,943 shares during the period. Pallas Capital Advisors LLC grew its position in Ford Motor by 2.9% during the second quarter. Pallas Capital Advisors LLC now owns 29,850 shares of the auto manufacturer's stock worth $374,000 after buying an additional 846 shares in the last quarter. Carnegie Investment Counsel increased its position in shares of Ford Motor by 5.7% in the second quarter. Carnegie Investment Counsel now owns 21,001 shares of the auto manufacturer's stock worth $263,000 after purchasing an additional 1,125 shares during the period. Finally, Fifth Third Bancorp raised its position in shares of Ford Motor by 0.4% in the 2nd quarter. Fifth Third Bancorp now owns 281,420 shares of the auto manufacturer's stock valued at $3,529,000 after buying an additional 1,211 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors.

Ford Motor Company Profile

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.