Ford Motor (NYSE:F) Shares Up 1.4% - Here's What Happened

Ford Motor (NYSE:F - Get Free Report) traded up 1.4% during mid-day trading on Friday . The company traded as high as $9.88 and last traded at $9.88. 17,034,307 shares were traded during mid-day trading, a decline of 69% from the average session volume of 54,139,707 shares. The stock had previously closed at $9.74.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $10.00 price objective on shares of Ford Motor in a report on Tuesday, October 29th. Wolfe Research reiterated an "underperform" rating on shares of Ford Motor in a research note on Thursday, December 5th. The Goldman Sachs Group upgraded shares of Ford Motor from a "neutral" rating to a "buy" rating and increased their price objective for the stock from $12.00 to $13.00 in a research note on Tuesday, October 1st. Barclays cut their price target on shares of Ford Motor from $14.00 to $13.00 and set an "overweight" rating for the company in a report on Tuesday, October 29th. Finally, Wells Fargo & Company decreased their price objective on shares of Ford Motor from $10.00 to $9.00 and set an "underweight" rating on the stock in a research note on Tuesday, September 10th. Four analysts have rated the stock with a sell rating, eight have issued a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, Ford Motor presently has an average rating of "Hold" and a consensus target price of $11.83.

Ford Motor Price Performance

The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. The company has a fifty day moving average of $10.79 and a 200 day moving average of $11.26. The firm has a market capitalization of $39.27 billion, a P/E ratio of 11.23, a PEG ratio of 1.90 and a beta of 1.62.

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

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 6.07%. The ex-dividend date was Thursday, November 7th. Ford Motor's dividend payout ratio (DPR) is currently 68.18%.

Institutional Investors Weigh In On Ford Motor

Several hedge funds and other institutional investors have recently modified their holdings of F. Worldquant Millennium Advisors LLC acquired a new stake in shares of Ford Motor in the 3rd quarter worth about $55,456,000. ING Groep NV raised its stake in shares of Ford Motor by 93.4% in the third quarter. ING Groep NV now owns 1,181,128 shares of the auto manufacturer's stock worth $12,473,000 after purchasing an additional 570,293 shares during the last quarter. OneAscent Financial Services LLC bought a new position in shares of Ford Motor in the third quarter valued at approximately $545,000. Quantbot Technologies LP boosted its position in shares of Ford Motor by 1,157.9% during the third quarter. Quantbot Technologies LP now owns 181,006 shares of the auto manufacturer's stock valued at $1,911,000 after buying an additional 166,617 shares during the last quarter. Finally, GSA Capital Partners LLP grew its holdings in Ford Motor by 20.8% during the third quarter. GSA Capital Partners LLP now owns 91,278 shares of the auto manufacturer's stock worth $964,000 after buying an additional 15,729 shares in the last quarter. Institutional investors own 58.74% of the company's stock.

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.