Ford Motor (NYSE:F) Stock Price Up 7.6%

Shares of Ford Motor (NYSE:F – Get Rating) rose 7.6% during trading on Friday . The stock traded as high as $12.25 and last traded at $12.24. Approximately 48,083,374 shares traded hands during trading, a decline of 25% from the average daily volume of 64,213,051 shares. The stock had previously closed at $11.38.

Analyst Ratings Changes

F has been the subject of several research reports. Citigroup lifted their price target on shares of Ford Motor from $12.50 to $12.80 in a research report on Monday, May 15th. Benchmark lifted their target price on Ford Motor from $19.00 to $20.00 in a research note on Wednesday, May 3rd. Tudor, Pickering, Holt & Co. cut Ford Motor from a “buy” rating to a “hold” rating in a research note on Wednesday, February 15th. TheStreet upgraded Ford Motor from a “c+” rating to a “b” rating in a research note on Tuesday, May 2nd. Finally, Daiwa Capital Markets upgraded Ford Motor from an “underperform” rating to a “neutral” rating and set a $12.00 target price on the stock in a research note on Thursday. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, Ford Motor currently has a consensus rating of “Hold” and a consensus target price of $14.35.

Ford Motor Trading Up 7.0 %

The company has a debt-to-equity ratio of 2.16, a quick ratio of 1.03 and a current ratio of 1.20. The stock has a market capitalization of $48.73 billion, a PE ratio of 16.93, a PEG ratio of 1.07 and a beta of 1.54. The stock has a 50-day moving average price of $11.94 and a two-hundred day moving average price of $12.55.

Ford Motor (NYSE:F – Get Rating) last released its quarterly earnings data on Tuesday, May 2nd. The auto manufacturer reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.27. The business had revenue of $39.09 billion for the quarter, compared to the consensus estimate of $37.42 billion. Ford Motor had a return on equity of 19.99% and a net margin of 1.75%. The company’s revenue was up 21.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.38 EPS. As a group, equities analysts forecast that Ford Motor will post 1.7 earnings per share for the current year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 15th. Shareholders of record on Wednesday, April 26th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 4.93%. The ex-dividend date is Tuesday, April 25th. Ford Motor’s dividend payout ratio is 84.51%.

Insider Activity

In other Ford Motor news, insider Ashwani Kumar Galhotra sold 24,850 shares of the business’s stock in a transaction that occurred on Friday, March 3rd. The stock was sold at an average price of $13.01, for a total transaction of $323,298.50. Following the completion of the sale, the insider now directly owns 511,605 shares in the company, valued at approximately $6,655,981.05. The transaction was disclosed in a document filed with the SEC, which is available through this link. In other news, CEO James D. Farley, Jr. sold 79,921 shares of the company’s stock in a transaction on Friday, March 3rd. The stock was sold at an average price of $12.86, for a total transaction of $1,027,784.06. Following the sale, the chief executive officer now owns 1,638,667 shares of the company’s stock, valued at $21,073,257.62. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Ashwani Kumar Galhotra sold 24,850 shares of the stock in a transaction on Friday, March 3rd. The shares were sold at an average price of $13.01, for a total value of $323,298.50. Following the completion of the transaction, the insider now directly owns 511,605 shares in the company, valued at approximately $6,655,981.05. The disclosure for this sale can be found here. Insiders have sold a total of 134,592 shares of company stock worth $1,740,843 over the last 90 days. 0.80% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Ford Motor

Several hedge funds have recently made changes to their positions in the business. ProShare Advisors LLC increased its holdings in Ford Motor by 7.8% in the first quarter. ProShare Advisors LLC now owns 589,652 shares of the auto manufacturer’s stock valued at $7,430,000 after buying an additional 42,665 shares in the last quarter. Empower Advisory Group LLC purchased a new stake in Ford Motor during the 1st quarter worth $324,000. Garde Capital Inc. bought a new stake in shares of Ford Motor in the 1st quarter worth about $303,000. Raleigh Capital Management Inc. grew its position in shares of Ford Motor by 9.1% during the 1st quarter. Raleigh Capital Management Inc. now owns 36,771 shares of the auto manufacturer’s stock valued at $463,000 after buying an additional 3,076 shares during the last quarter. Finally, Arete Wealth Advisors LLC acquired a new position in Ford Motor during the 1st quarter valued at about $1,583,000. Institutional investors and hedge funds own 49.68% of the company’s stock.

About Ford Motor

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Ford Motor Co engages in the manufacture, distribution, and sale of automobiles. It operates through the following segments: Ford Blue, Ford Model E, and Ford Pro, Ford Next, and Ford Credit. The Ford Blue, Ford Model E, and Ford Pro segment includes the sale of Ford and Lincoln vehicles, service parts, and accessories, together with the associated costs to develop, manufacture, distribute, and service the vehicles, parts, and accessories.