Ford Motor (NYSE:F) Shares Up 0.5%

Ford Motor (NYSE:F)’s stock price shot up 0.5% on Thursday . The company traded as high as $12.17 and last traded at $12.09. 11,510,481 shares changed hands during mid-day trading, a decline of 78% from the average session volume of 51,888,488 shares. The stock had previously closed at $12.03.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on F. Citigroup increased their price target on Ford Motor from $16.00 to $18.00 and gave the company a “buy” rating in a research report on Thursday, May 2nd. Barclays increased their price target on Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research report on Thursday, April 11th. Sanford C. Bernstein began coverage on Ford Motor in a research report on Thursday. They issued an “outperform” rating and a $16.00 price target for the company. Redburn Atlantic began coverage on Ford Motor in a research report on Wednesday, January 24th. They issued a “sell” rating and a $10.00 price target for the company. Finally, Morgan Stanley increased their price target on Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research report on Tuesday, February 13th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Ford Motor has an average rating of “Hold” and a consensus target price of $13.89.

Ford Motor Trading Up 0.1 %

The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.99 and a current ratio of 1.17. The company has a 50-day simple moving average of $12.62 and a 200 day simple moving average of $11.93. The company has a market capitalization of $48.07 billion, a P/E ratio of 12.46, a P/E/G ratio of 0.80 and a beta of 1.61.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, April 24th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.07. Ford Motor had a return on equity of 17.63% and a net margin of 2.21%. The company had revenue of $42.78 billion for the quarter, compared to analyst estimates of $42.93 billion. During the same quarter last year, the firm earned $0.63 EPS. Ford Motor’s revenue for the quarter was up 3.1% compared to the same quarter last year. Sell-side analysts expect that Ford Motor will post 1.97 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 8th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 4.98%. The ex-dividend date of this dividend is Tuesday, May 7th. Ford Motor’s dividend payout ratio is 61.86%.

Insider Activity at Ford Motor

In other Ford Motor news, CAO Mark Kosman sold 26,898 shares of Ford Motor stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total value of $337,031.94. Following the completion of the transaction, the chief accounting officer now owns 7,102 shares in the company, valued at approximately $88,988.06. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.80% of the stock is owned by insiders.

Institutional Investors Weigh In On Ford Motor

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. increased its holdings in Ford Motor by 835.9% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 2,059 shares of the auto manufacturer’s stock valued at $25,000 after purchasing an additional 1,839 shares during the last quarter. Fortis Group Advisors LLC increased its holdings in Ford Motor by 100.0% in the fourth quarter. Fortis Group Advisors LLC now owns 2,172 shares of the auto manufacturer’s stock valued at $26,000 after purchasing an additional 1,086 shares during the last quarter. Milestone Investment Advisors LLC bought a new stake in Ford Motor in the third quarter valued at about $27,000. Voisard Asset Management Group Inc. bought a new stake in Ford Motor in the fourth quarter valued at about $27,000. Finally, Financial Synergies Wealth Advisors Inc. increased its holdings in Ford Motor by 1,997.9% in the first quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock valued at $27,000 after purchasing an additional 1,938 shares during the last quarter. 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.