Ford Motor (NYSE:F) Trading 1.1% Higher - Here's Why

Shares of Ford Motor (NYSE:F - Get Free Report) shot up 1.1% during trading on Thursday . The stock traded as high as $11.25 and last traded at $11.18. 10,606,752 shares traded hands during mid-day trading, a decline of 80% from the average session volume of 52,912,227 shares. The stock had previously closed at $11.06.

Wall Street Analysts Forecast Growth

F has been the topic of several analyst reports. Barclays lowered their target price on Ford Motor from $16.00 to $14.00 and set an "overweight" rating on the stock in a research note on Tuesday, October 15th. Royal Bank of Canada dropped their price objective on shares of Ford Motor from $13.00 to $10.00 and set a "sector perform" rating on the stock in a research note on Monday, August 12th. Evercore ISI upgraded shares of Ford Motor to a "hold" rating in a research note on Friday, July 26th. Wells Fargo & Company dropped their price target on shares of Ford Motor from $10.00 to $9.00 and set an "underweight" rating on the stock in a research note on Tuesday, September 10th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and issued a $11.00 price objective on shares of Ford Motor in a report on Tuesday, September 10th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, Ford Motor has an average rating of "Hold" and a consensus price target of $12.56.

Ford Motor Stock Up 1.5 %

The company has a market cap of $44.83 billion, a PE ratio of 11.59, a PEG ratio of 0.77 and a beta of 1.62. The company has a debt-to-equity ratio of 2.30, a quick ratio of 1.00 and a current ratio of 1.17. The firm has a fifty day simple moving average of $10.80 and a 200 day simple moving average of $11.72.

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

Hedge Funds Weigh In On Ford Motor

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Czech National Bank grew its stake in Ford Motor by 6.5% during the 3rd quarter. Czech National Bank now owns 795,732 shares of the auto manufacturer's stock valued at $8,403,000 after purchasing an additional 48,456 shares in the last quarter. Claro Advisors LLC increased its stake in shares of Ford Motor by 333.6% in the third quarter. Claro Advisors LLC now owns 59,179 shares of the auto manufacturer's stock worth $625,000 after buying an additional 45,532 shares during the last quarter. Price T Rowe Associates Inc. MD raised its holdings in Ford Motor by 1.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 5,349,276 shares of the auto manufacturer's stock valued at $71,039,000 after acquiring an additional 59,082 shares in the last quarter. Hodges Capital Management Inc. boosted its stake in Ford Motor by 18.3% during the 1st quarter. Hodges Capital Management Inc. now owns 95,500 shares of the auto manufacturer's stock valued at $1,268,000 after acquiring an additional 14,750 shares during the last quarter. Finally, Brookstone Capital Management grew its holdings in Ford Motor by 8.5% during the 3rd quarter. Brookstone Capital Management now owns 955,129 shares of the auto manufacturer's stock worth $10,086,000 after acquiring an additional 75,193 shares in the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

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.