Ford Motor (NYSE:F) Shares Up 0.3% - Here's Why

Shares of Ford Motor (NYSE:F - Get Free Report) shot up 0.3% during mid-day trading on Wednesday . The company traded as high as $9.33 and last traded at $9.32. 14,483,355 shares changed hands during trading, a decline of 81% from the average session volume of 75,421,695 shares. The stock had previously closed at $9.29.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. BNP Paribas raised Ford Motor to a "hold" rating in a research report on Monday, February 10th. Evercore ISI lowered their price target on Ford Motor from $11.00 to $10.00 and set an "in-line" rating for the company in a report on Monday, February 10th. Wells Fargo & Company cut their price objective 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. Wolfe Research restated an "underperform" rating on shares of Ford Motor in a report on Thursday, December 5th. Finally, Royal Bank of Canada lowered their target price on shares of Ford Motor from $10.00 to $9.00 and set a "sector perform" rating for the company in a research note on Thursday, February 6th. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the company. According to data from MarketBeat, Ford Motor presently has a consensus rating of "Hold" and an average price target of $11.89.

Ford Motor Stock Down 1.1 %

The business's 50-day moving average is $9.81 and its 200-day moving average is $10.43. The company has a market capitalization of $36.80 billion, a price-to-earnings ratio of 6.36, a P/E/G ratio of 0.60 and a beta of 1.63. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31.

Ford Motor (NYSE:F - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, beating 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%. As a group, equities analysts predict that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be paid a dividend of $0.15 per share. The ex-dividend date is Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.46%. Ford Motor's payout ratio is 41.10%.

Institutional Trading of Ford Motor

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Forum Financial Management LP raised its holdings in Ford Motor by 26.7% in the 4th quarter. Forum Financial Management LP now owns 68,668 shares of the auto manufacturer's stock worth $680,000 after purchasing an additional 14,474 shares during the period. Griffith & Werner Inc. acquired a new position in shares of Ford Motor during the 4th quarter worth approximately $148,000. Michels Family Financial LLC acquired a new position in shares of Ford Motor during the 4th quarter worth approximately $603,000. Public Employees Retirement System of Ohio grew its stake in Ford Motor by 7.9% in the 4th quarter. Public Employees Retirement System of Ohio now owns 2,186,648 shares of the auto manufacturer's stock valued at $21,648,000 after acquiring an additional 160,249 shares during the period. Finally, Neo Ivy Capital Management grew its stake in Ford Motor by 173.3% in the 4th quarter. Neo Ivy Capital Management now owns 830,721 shares of the auto manufacturer's stock valued at $8,224,000 after acquiring an additional 526,739 shares during the period. Institutional investors and hedge funds 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.