Ford Motor (NYSE:F) Stock Price Up 1.7% – What’s Next?

Ford Motor (NYSE:F) traded up 1.7% during trading on Thursday . The company traded as high as $9.95 and last traded at $9.75. 43,108,698 shares changed hands during mid-day trading, a decline of 52% from the average session volume of 90,009,883 shares. The stock had previously closed at $9.59.

Analyst Ratings Changes

Several research analysts have recently weighed in on F shares. Royal Bank of Canada dropped their target price on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 6th. Evercore ISI dropped their target price on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating on the stock in a research report on Monday, February 10th. Bank of America dropped their target price on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a research report on Thursday, February 6th. JPMorgan Chase & Co. lowered their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research report on Friday, February 7th. Finally, Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, Ford Motor presently has a consensus rating of “Hold” and an average target price of $11.77.

Ford Motor Price Performance

The stock’s 50 day moving average price is $9.71 and its two-hundred day moving average price is $10.34. 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 firm has a market capitalization of $38.54 billion, a price-to-earnings ratio of 6.66, a PEG ratio of 0.61 and a beta of 1.59.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. On average, equities research analysts anticipate that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 6.17%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor’s payout ratio is currently 41.10%.

Hedge Funds Weigh In On Ford Motor

Several large investors have recently bought and sold shares of the stock. Apollon Wealth Management LLC raised its stake in Ford Motor by 1.1% during the 3rd quarter. Apollon Wealth Management LLC now owns 92,950 shares of the auto manufacturer’s stock valued at $982,000 after purchasing an additional 969 shares during the last quarter. Albion Financial Group UT increased its holdings in Ford Motor by 38.5% in the 4th quarter. Albion Financial Group UT now owns 3,600 shares of the auto manufacturer’s stock valued at $36,000 after buying an additional 1,000 shares during the period. Brighton Jones LLC increased its holdings in Ford Motor by 5.4% in the 4th quarter. Brighton Jones LLC now owns 19,693 shares of the auto manufacturer’s stock valued at $195,000 after buying an additional 1,001 shares during the period. Angeles Wealth Management LLC increased its holdings in Ford Motor by 1.3% in the 4th quarter. Angeles Wealth Management LLC now owns 80,728 shares of the auto manufacturer’s stock valued at $799,000 after buying an additional 1,024 shares during the period. Finally, Atlas Brown Inc. increased its holdings in Ford Motor by 1.7% in the 4th quarter. Atlas Brown Inc. now owns 63,323 shares of the auto manufacturer’s stock valued at $627,000 after buying an additional 1,047 shares during the period. 58.74% of the stock is currently 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.