Ford Motor (NYSE:F) Trading Up 1.4% – Here’s Why

Shares of Ford Motor (NYSE:F) traded up 1.4% during mid-day trading on Tuesday . The company traded as high as $9.35 and last traded at $9.31. 17,677,946 shares were traded during mid-day trading, a decline of 77% from the average session volume of 75,969,617 shares. The stock had previously closed at $9.18.

Analysts Set New Price Targets

Several analysts have commented on F shares. BNP Paribas upgraded shares of Ford Motor to a “hold” rating in a research report on Monday, February 10th. Bank of America cut their target price on Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a research note on Thursday, February 6th. JPMorgan Chase & Co. lowered their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research note on Friday, February 7th. Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Finally, Sanford C. Bernstein lowered shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price on the stock. in a report on Thursday, November 7th. Three analysts have rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $11.89.

Ford Motor Trading Up 0.4 %

The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. The business’s 50-day moving average is $9.85 and its two-hundred day moving average is $10.44. The firm has a market cap of $37.16 billion, a P/E ratio of 6.42, a P/E/G ratio of 0.60 and a beta of 1.63.

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

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be issued 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 yield of 6.40%. Ford Motor’s payout ratio is 41.10%.

Institutional Investors Weigh In On Ford Motor

Institutional investors and hedge funds have recently modified their holdings of the company. Forum Financial Management LP grew 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 valued at $680,000 after buying an additional 14,474 shares in the last quarter. Griffith & Werner Inc. bought a new stake in shares of Ford Motor during the 4th quarter worth $148,000. Michels Family Financial LLC bought a new position in Ford Motor in the fourth quarter valued at about $603,000. Public Employees Retirement System of Ohio raised its stake in Ford Motor by 7.9% during the fourth quarter. Public Employees Retirement System of Ohio now owns 2,186,648 shares of the auto manufacturer’s stock worth $21,648,000 after acquiring an additional 160,249 shares in the last quarter. Finally, Neo Ivy Capital Management lifted its holdings in shares of Ford Motor by 173.3% in the fourth quarter. Neo Ivy Capital Management now owns 830,721 shares of the auto manufacturer’s stock worth $8,224,000 after acquiring an additional 526,739 shares during the last quarter. 58.74% of the stock is owned by institutional investors.

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.