Ford Motor (NYSE:F) Trading Up 0.4%

Ford Motor (NYSE:F)’s stock price shot up 0.4% during mid-day trading on Monday . The stock traded as high as $14.12 and last traded at $14.03. 19,005,189 shares traded hands during mid-day trading, a decline of 63% from the average session volume of 51,057,035 shares. The stock had previously closed at $13.98.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on F. Barclays raised their price objective on shares of Ford Motor from $16.00 to $17.00 and gave the company an “overweight” rating in a research note on Tuesday, July 16th. Royal Bank of Canada lifted their price target on Ford Motor from $12.00 to $13.00 and gave the company a “sector perform” rating in a research note on Thursday, April 25th. UBS Group increased their price objective on Ford Motor from $13.00 to $14.00 and gave the stock a “neutral” rating in a research note on Thursday, April 25th. Citigroup lifted their target price on Ford Motor from $16.00 to $18.00 and gave the company a “buy” rating in a research report on Thursday, May 2nd. Finally, Sanford C. Bernstein initiated coverage on Ford Motor in a report on Thursday, May 23rd. They set an “outperform” rating and a $16.00 price target for the company. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, Ford Motor presently has a consensus rating of “Hold” and a consensus price target of $14.18.

Ford Motor Stock Up 1.0 %

The company has a market cap of $56.37 billion, a P/E ratio of 14.46, a P/E/G ratio of 0.90 and a beta of 1.62. The stock has a 50-day moving average of $12.50 and a two-hundred day moving average of $12.38. The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.99 and a current ratio of 1.17.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.07. Ford Motor had a net margin of 2.21% and a return on equity of 17.63%. The business had revenue of $42.78 billion during the quarter, compared to analyst estimates of $42.93 billion. During the same period in the prior year, the business posted $0.63 earnings per share. The company’s revenue was up 3.1% on a year-over-year basis. On average, research analysts anticipate that Ford Motor will post 2.02 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 3rd. Shareholders of record on Wednesday, May 8th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 4.25%. The ex-dividend date was Tuesday, May 7th. Ford Motor’s dividend payout ratio (DPR) is presently 61.86%.

Insider Buying and Selling

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 value of $982,119.06. Following the completion of the transaction, the director now 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 is available through the SEC website. 0.80% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Ford Motor

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Sequoia Financial Advisors LLC raised its holdings in Ford Motor by 15.0% in the 4th quarter. Sequoia Financial Advisors LLC now owns 342,150 shares of the auto manufacturer’s stock worth $4,171,000 after purchasing an additional 44,581 shares during the period. CVA Family Office LLC bought a new stake in Ford Motor during the 4th quarter worth approximately $56,000. Cerity Partners LLC boosted its position in shares of Ford Motor by 287.4% in the fourth quarter. Cerity Partners LLC now owns 606,057 shares of the auto manufacturer’s stock worth $7,388,000 after purchasing an additional 449,604 shares during the period. Wedmont Private Capital raised its position in shares of Ford Motor by 33.1% during the 1st quarter. Wedmont Private Capital now owns 17,124 shares of the auto manufacturer’s stock valued at $232,000 after purchasing an additional 4,255 shares during the period. Finally, Advisor Resource Council bought a new position in Ford Motor in the 4th quarter worth $308,000. Hedge funds and other 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.