Ford Motor (NYSE:F) Trading Up 2.8% - What's Next?

Shares of Ford Motor (NYSE:F - Get Free Report) traded up 2.8% during mid-day trading on Friday . The stock traded as high as $9.90 and last traded at $9.88. 42,012,509 shares changed hands during mid-day trading, a decline of 49% from the average session volume of 82,892,422 shares. The stock had previously closed at $9.61.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Wells Fargo & Company dropped their target price on shares of Ford Motor from $9.00 to $8.00 and set an "underweight" rating on the stock in a report on Thursday, February 6th. TD Cowen started coverage on shares of Ford Motor in a report on Friday. They set a "hold" rating and a $10.00 price objective on the stock. Jefferies Financial Group lowered shares of Ford Motor from a "hold" rating to an "underperform" rating and dropped their price objective for the company from $12.00 to $9.00 in a report on Monday, December 16th. Evercore ISI dropped their price objective on shares of Ford Motor from $11.00 to $10.00 and set an "in-line" rating on the stock in a report on Monday, February 10th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Ford Motor from $14.00 to $13.00 and set an "overweight" rating on the stock in a report on Friday, February 7th. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $11.77.

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Ford Motor Stock Up 3.1 %

The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. The stock's 50-day simple moving average is $9.72 and its 200-day simple moving average is $10.38. The firm has a market capitalization of $39.26 billion, a P/E ratio of 6.78, a P/E/G ratio of 0.61 and a beta of 1.59.

Ford Motor (NYSE:F - Get Free Report) last released its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, beating analysts' consensus estimates 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, research analysts predict that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently declared 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 6.06%. The ex-dividend date was Tuesday, February 18th. Ford Motor's dividend payout ratio is presently 41.10%.

Institutional Investors Weigh In On Ford Motor

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. increased its position in shares of Ford Motor by 16.6% during 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 buying an additional 57,182,803 shares during the period. Charles Schwab Investment Management Inc. increased its position in shares of Ford Motor by 5.3% in the fourth 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. Geode Capital Management LLC increased its position in shares of Ford Motor by 2.5% in the fourth quarter. Geode Capital Management LLC now owns 84,078,284 shares of the auto manufacturer's stock worth $830,662,000 after purchasing an additional 2,089,127 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Ford Motor by 11.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 46,508,882 shares of the auto manufacturer's stock worth $460,444,000 after purchasing an additional 4,925,993 shares during the last quarter. Finally, Norges Bank bought a new position in shares of Ford Motor in the fourth quarter worth approximately $387,282,000. 58.74% of the stock is currently owned by institutional investors.

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.