Ford Motor (NYSE:F) Trading 1.7% Higher - Here's Why

Ford Motor (NYSE:F - Get Free Report) shares shot up 1.7% during trading on Monday . The company traded as high as $9.82 and last traded at $9.72. 40,895,487 shares traded hands during mid-day trading, a decline of 46% from the average session volume of 75,921,156 shares. The stock had previously closed at $9.55.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. Sanford C. Bernstein lowered Ford Motor from an "outperform" rating to a "market perform" rating and set a $11.00 price target for the company. in a research note on Thursday, November 7th. Wells Fargo & Company reduced their price target on shares of Ford Motor from $9.00 to $8.00 and set an "underweight" rating on the stock in a research report on Thursday, February 6th. Wolfe Research restated an "underperform" rating on shares of Ford Motor in a report on Thursday, December 5th. JPMorgan Chase & Co. lowered their price target on shares of Ford Motor from $14.00 to $13.00 and set an "overweight" rating for the company in a research note on Friday, February 7th. Finally, Jefferies Financial Group cut Ford Motor from a "hold" rating to an "underperform" rating and dropped their target price for the company from $12.00 to $9.00 in a report on Monday, December 16th. Three analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $11.89.

Ford Motor Stock Up 5.8 %

The company's fifty day simple moving average is $9.73 and its 200 day simple moving average is $10.39. The firm has a market capitalization of $38.23 billion, a P/E ratio of 6.61, a price-to-earnings-growth ratio of 0.61 and a beta of 1.63. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31.

Ford Motor (NYSE:F - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. Research analysts expect that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 6.22%. The ex-dividend date was Tuesday, February 18th. Ford Motor's dividend payout ratio (DPR) is 41.10%.

Institutional Investors Weigh In On Ford Motor

A number of institutional investors have recently made changes to their positions in F. Probity Advisors Inc. increased its holdings in Ford Motor by 18.6% in the 4th quarter. Probity Advisors Inc. now owns 33,055 shares of the auto manufacturer's stock worth $327,000 after buying an additional 5,193 shares in the last quarter. Park Square Financial Group LLC purchased a new stake in shares of Ford Motor in the 4th quarter worth $49,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Ford Motor in the fourth quarter worth about $19,215,000. Bernard Wealth Management Corp. bought a new position in shares of Ford Motor in the fourth quarter worth approximately $104,000. Finally, Yoffe Investment Management LLC purchased a new stake in Ford Motor in the 4th quarter worth $101,000. Hedge funds and other institutional investors 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.

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