Ford Motor (NYSE:F) Stock Price Up 1.9% - Here's Why

Ford Motor (NYSE:F - Get Free Report)'s stock price was up 1.9% during trading on Wednesday . The company traded as high as $11.18 and last traded at $11.05. Approximately 12,881,927 shares traded hands during trading, a decline of 76% from the average daily volume of 53,307,930 shares. The stock had previously closed at $10.84.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. The Goldman Sachs Group raised Ford Motor from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $12.00 to $13.00 in a report on Tuesday, October 1st. Barclays reduced their target price on shares of Ford Motor from $16.00 to $14.00 and set an "overweight" rating on the stock in a report on Tuesday. Wolfe Research began coverage on shares of Ford Motor in a report on Thursday, September 5th. They set a "peer perform" rating for the company. Evercore ISI raised shares of Ford Motor to a "hold" rating in a research report on Friday, July 26th. Finally, Royal Bank of Canada decreased their target price on shares of Ford Motor from $13.00 to $10.00 and set a "sector perform" rating on the stock in a research report on Monday, August 12th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Ford Motor presently has a consensus rating of "Hold" and an average target price of $12.56.

Ford Motor Price Performance

The company has a 50 day simple moving average of $10.68 and a 200 day simple moving average of $11.81. The company has a market capitalization of $44.04 billion, a price-to-earnings ratio of 11.39, a price-to-earnings-growth ratio of 0.77 and a beta of 1.62. The company has a quick ratio of 1.00, a current ratio of 1.17 and a debt-to-equity ratio of 2.30.

Ford Motor (NYSE:F - Get Free Report) last posted its earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.68 by ($0.21). The business had revenue of $47.81 billion for the quarter, compared to analyst estimates of $47.79 billion. Ford Motor had a return on equity of 15.28% and a net margin of 2.13%. The firm's revenue for the quarter was up 6.3% compared to the same quarter last year. During the same period last year, the company posted $0.72 EPS. As a group, research analysts predict that Ford Motor will post 1.88 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Wednesday, August 7th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Wednesday, August 7th. This represents a $0.60 annualized dividend and a dividend yield of 5.44%. Ford Motor's payout ratio is 61.86%.

Institutional Investors Weigh In On Ford Motor

Institutional investors and hedge funds have recently modified their holdings of the stock. Integrated Advisors Network LLC increased its stake in Ford Motor by 8.0% during the 4th quarter. Integrated Advisors Network LLC now owns 24,725 shares of the auto manufacturer's stock worth $301,000 after buying an additional 1,832 shares during the period. Syon Capital LLC lifted its stake in shares of Ford Motor by 12.6% in the fourth quarter. Syon Capital LLC now owns 23,452 shares of the auto manufacturer's stock worth $286,000 after acquiring an additional 2,618 shares in the last quarter. SageView Advisory Group LLC lifted its stake in shares of Ford Motor by 42.2% in the fourth quarter. SageView Advisory Group LLC now owns 69,882 shares of the auto manufacturer's stock worth $823,000 after acquiring an additional 20,726 shares in the last quarter. Trust Co. of Vermont boosted its holdings in Ford Motor by 38.4% in the fourth quarter. Trust Co. of Vermont now owns 3,602 shares of the auto manufacturer's stock valued at $44,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Leo Wealth LLC acquired a new stake in Ford Motor during the 4th quarter valued at approximately $249,000. 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.