Ford Motor (NYSE:F) Stock Price Down 0.3%

Ford Motor (NYSE:F)’s share price was down 0.3% during mid-day trading on Tuesday . The stock traded as low as $11.79 and last traded at $11.82. Approximately 10,532,034 shares traded hands during trading, a decline of 79% from the average daily volume of 51,053,293 shares. The stock had previously closed at $11.85.

Wall Street Analyst Weigh In

Several research analysts have issued reports on F shares. Royal Bank of Canada raised their price target on shares of Ford Motor from $12.00 to $13.00 and gave the stock a “sector perform” rating in a report on Thursday, April 25th. Sanford C. Bernstein started coverage on shares of Ford Motor in a research report on Thursday, May 23rd. They set an “outperform” rating and a $16.00 price objective for the company. Piper Sandler started coverage on shares of Ford Motor in a research report on Friday, March 15th. They set a “neutral” rating and a $13.00 price objective for the company. Barclays raised their price objective on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research report on Thursday, April 11th. Finally, UBS Group lifted their price target on shares of Ford Motor from $13.00 to $14.00 and gave the company a “neutral” rating in a research report on Thursday, April 25th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the company. According to MarketBeat, Ford Motor has a consensus rating of “Hold” and an average target price of $13.89.

Ford Motor Price Performance

The firm has a fifty day moving average of $12.29 and a 200 day moving average of $12.17. The company has a market capitalization of $47.03 billion, a P/E ratio of 12.18, a P/E/G ratio of 0.77 and a beta of 1.61. The company has a current ratio of 1.17, a quick ratio of 0.99 and a debt-to-equity ratio of 2.32.

Ford Motor (NYSE:F) last released its quarterly earnings data on Wednesday, April 24th. The auto manufacturer reported $0.49 EPS 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 during the quarter, compared to the consensus estimate of $42.93 billion. During the same period last year, the company earned $0.63 EPS. Ford Motor’s revenue for the quarter was up 3.1% on a year-over-year basis. On average, equities research analysts anticipate that Ford Motor will post 1.99 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 3rd. Shareholders of record on Wednesday, May 8th were paid a dividend of $0.15 per share. The ex-dividend date was Tuesday, May 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.09%. Ford Motor’s dividend payout ratio is currently 61.86%.

Insider Buying and Selling at Ford Motor

In other news, Director Jon M. Huntsman, Jr. sold 81,234 shares of Ford Motor stock in a transaction dated Friday, May 24th. The stock was sold at an average price of $12.09, for a total transaction of $982,119.06. Following the transaction, the director now directly owns 168,601 shares of the company’s stock, valued at approximately $2,038,386.09. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.40% of the company’s stock.

Hedge Funds Weigh In On Ford Motor

Several hedge funds have recently bought and sold shares of F. Norges Bank bought a new position in shares of Ford Motor during the 4th quarter worth $475,899,000. Coatue Management LLC bought a new position in shares of Ford Motor during the 4th quarter worth $149,152,000. Newport Trust Company LLC grew its position in shares of Ford Motor by 4.5% during the 4th quarter. Newport Trust Company LLC now owns 155,177,214 shares of the auto manufacturer’s stock worth $1,891,610,000 after buying an additional 6,667,808 shares in the last quarter. Fisher Asset Management LLC grew its position in shares of Ford Motor by 6.3% during the 4th quarter. Fisher Asset Management LLC now owns 59,152,154 shares of the auto manufacturer’s stock worth $721,065,000 after buying an additional 3,522,965 shares in the last quarter. Finally, International Assets Investment Management LLC lifted its stake in shares of Ford Motor by 1,084.8% during the 4th quarter. International Assets Investment Management LLC now owns 2,696,966 shares of the auto manufacturer’s stock worth $32,876,000 after purchasing an additional 2,469,344 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

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.