Ford Motor (NYSE:F - Get Free Report) shares were up 2.6% on Monday . The stock traded as high as $9.95 and last traded at $9.98. Approximately 43,164,710 shares were traded during mid-day trading, a decline of 33% from the average daily volume of 64,760,763 shares. The stock had previously closed at $9.72.
Wall Street Analysts Forecast Growth
F has been the topic of a number of recent research reports. JPMorgan Chase & Co. dropped their price objective on shares of Ford Motor from $13.00 to $11.00 and set an "overweight" rating on the stock in a research note on Thursday, March 27th. Jefferies Financial Group downgraded Ford Motor from a "hold" rating to an "underperform" rating and cut their price target for the company from $12.00 to $9.00 in a report on Monday, December 16th. Wells Fargo & Company cut their target price on Ford Motor from $9.00 to $8.00 and set an "underweight" rating on the stock in a research note on Thursday, February 6th. Barclays downgraded shares of Ford Motor from an "overweight" rating to an "equal weight" rating and cut their price objective for the stock from $13.00 to $11.00 in a research report on Wednesday, January 22nd. Finally, Bank of America decreased their target price 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. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $11.37.
Get Our Latest Stock Report on F
Ford Motor Stock Performance
The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The stock has a market capitalization of $37.87 billion, a PE ratio of 6.54, a PEG ratio of 0.61 and a beta of 1.59. The firm has a 50 day moving average price of $9.74 and a 200-day moving average price of $10.27.
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 net margin of 3.18% and a return on equity of 16.88%. Research analysts expect that Ford Motor will post 1.47 EPS for the current fiscal year.
Ford Motor Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a yield of 6.28%. Ford Motor's dividend payout ratio is presently 41.10%.
Institutional Trading of Ford Motor
Hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. grew its position in 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. Norges Bank purchased a new position in shares of Ford Motor in the 4th quarter valued at about $387,282,000. Jacobs Levy Equity Management Inc. increased its stake in shares of Ford Motor by 88.0% in the 4th quarter. Jacobs Levy Equity Management Inc. now owns 22,512,285 shares of the auto manufacturer's stock valued at $222,872,000 after purchasing an additional 10,535,335 shares in the last quarter. Voloridge Investment Management LLC raised its holdings in Ford Motor by 2,905.1% in the 4th quarter. Voloridge Investment Management LLC now owns 7,989,463 shares of the auto manufacturer's stock worth $79,096,000 after purchasing an additional 7,723,601 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its position in Ford Motor by 5.3% during 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 in the last quarter. Hedge funds and other institutional investors own 58.74% of the company's stock.
About Ford Motor
(
Get Free Report)
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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