Ford Motor (NYSE:F) Shares Up 1.8% - Here's Why

Ford Motor (NYSE:F - Get Free Report)'s stock price rose 1.8% during mid-day trading on Monday . The stock traded as high as $10.20 and last traded at $10.18. Approximately 20,071,501 shares traded hands during mid-day trading, a decline of 68% from the average daily volume of 61,922,215 shares. The stock had previously closed at $10.00.

Analysts Set New Price Targets

F has been the subject of a number of recent research reports. BNP Paribas raised shares of Ford Motor to a "hold" rating in a research report on Monday, February 10th. Piper Sandler dropped their price target on shares of Ford Motor from $13.00 to $9.00 and set a "neutral" rating for the company in a research note on Thursday, March 20th. Bank of America reduced their price objective on shares of Ford Motor from $19.00 to $15.50 and set a "buy" rating for the company in a research report on Thursday, February 6th. Wells Fargo & Company decreased their price objective on Ford Motor from $9.00 to $8.00 and set an "underweight" rating for the company in a report on Thursday, February 6th. Finally, Wolfe Research restated an "underperform" rating on shares of Ford Motor in a research report on Thursday, December 5th. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $11.37.

Ford Motor Stock Down 1.8 %

The stock has a market capitalization of $38.54 billion, a P/E ratio of 6.66, a P/E/G ratio of 0.61 and a beta of 1.59. The stock's 50 day simple moving average is $9.75 and its 200 day simple moving average is $10.28. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31.

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Ford Motor (NYSE:F - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, topping analysts' consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. As a group, research analysts predict that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a $0.15 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $0.60 annualized dividend and a yield of 6.17%. Ford Motor's dividend payout ratio (DPR) is currently 41.10%.

Institutional Investors Weigh In On Ford Motor

A number of large investors have recently bought and sold shares of F. Hager Investment Management Services LLC acquired a new stake in shares of Ford Motor during the fourth quarter worth $26,000. Bank of Jackson Hole Trust bought a new stake in Ford Motor during the fourth quarter worth $29,000. Flagship Wealth Advisors LLC bought a new stake in Ford Motor during the 4th quarter worth $30,000. Kentucky Trust Co acquired a new stake in shares of Ford Motor in the fourth quarter valued at about $31,000. Finally, Spurstone Advisory Services LLC bought a new position in shares of Ford Motor during the 4th quarter worth approximately $31,000. 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.