Ford Motor (NYSE:F) Stock Price Up 1.4% – Here’s What Happened

Ford Motor (NYSE:F) traded up 1.4% on Friday . The company traded as high as $9.88 and last traded at $9.88. 17,034,307 shares were traded during mid-day trading, a decline of 69% from the average session volume of 54,139,707 shares. The stock had previously closed at $9.74.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on F shares. Barclays dropped their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research report on Tuesday, October 29th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $10.00 price objective on shares of Ford Motor in a research report on Tuesday, October 29th. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Wells Fargo & Company dropped their price target on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a research note on Tuesday, September 10th. Finally, Jefferies Financial Group cut shares of Ford Motor from a “hold” rating to an “underperform” rating and reduced their price objective for the company from $12.00 to $9.00 in a research note on Monday. Four investment analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $11.83.

Ford Motor Trading Up 2.0 %

The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. The stock has a market capitalization of $39.46 billion, a P/E ratio of 11.28, a price-to-earnings-growth ratio of 1.90 and a beta of 1.62. The company has a fifty day simple moving average of $10.79 and a two-hundred day simple moving average of $11.26.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The firm had revenue of $46.20 billion for the quarter, compared to analyst estimates of $45.13 billion. During the same quarter in the previous year, the firm posted $0.39 earnings per share. The business’s revenue was up 5.5% on a year-over-year basis. On average, sell-side analysts expect that Ford Motor will post 1.81 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were issued a $0.15 dividend. The ex-dividend date was Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.04%. Ford Motor’s dividend payout ratio (DPR) is presently 68.18%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Worldquant Millennium Advisors LLC acquired a new position in shares of Ford Motor during the 3rd quarter worth about $55,456,000. ING Groep NV increased its position in Ford Motor by 93.4% during the third quarter. ING Groep NV now owns 1,181,128 shares of the auto manufacturer’s stock worth $12,473,000 after buying an additional 570,293 shares during the last quarter. OneAscent Financial Services LLC bought a new stake in Ford Motor in the third quarter valued at approximately $545,000. Quantbot Technologies LP lifted its position in shares of Ford Motor by 1,157.9% in the third quarter. Quantbot Technologies LP now owns 181,006 shares of the auto manufacturer’s stock valued at $1,911,000 after buying an additional 166,617 shares during the last quarter. Finally, GSA Capital Partners LLP increased its holdings in shares of Ford Motor by 20.8% during the 3rd quarter. GSA Capital Partners LLP now owns 91,278 shares of the auto manufacturer’s stock worth $964,000 after acquiring an additional 15,729 shares during the last quarter. 58.74% of the stock is 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.