Ford Motor (NYSE:F) Shares Down 1.4% - What's Next?

Key Points

• Ford Motor Company shares experienced a decline of 1.4%, trading as low as $11.52 during mid-day trading with a significantly reduced volume of 11.6 million shares compared to its average of 95 million shares.
• Several analysts raised their price targets for Ford, with JPMorgan increasing its target from $12.00 to $13.00, while Wall Street Zen upgraded the stock from a "sell" to a "hold" rating.
• The company recently declared a quarterly dividend of $0.15 per share, translating to an annual yield of 5.2% and a payout ratio of 76.92%.

Ford Motor Company (NYSE:F - Get Free Report) traded down 1.4% during mid-day trading on Tuesday . The stock traded as low as $11.52 and last traded at $11.53. 11,678,829 shares changed hands during mid-day trading, a decline of 88% from the average session volume of 95,036,711 shares. The stock had previously closed at $11.69.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Piper Sandler boosted their price target on shares of Ford Motor from $9.00 to $9.50 and gave the company a "neutral" rating in a research report on Thursday, July 31st. JPMorgan Chase & Co. increased their price objective on shares of Ford Motor from $12.00 to $13.00 and gave the company an "overweight" rating in a research report on Monday, July 21st. Wall Street Zen upgraded shares of Ford Motor from a "sell" rating to a "hold" rating in a research note on Sunday, July 20th. UBS Group increased their price objective on shares of Ford Motor from $9.00 to $11.00 and gave the company a "neutral" rating in a report on Monday, July 14th. Finally, Barclays raised their target price on shares of Ford Motor from $9.00 to $11.00 and gave the company an "equal weight" rating in a report on Wednesday, July 16th. Two equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have given a Sell rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Reduce" and an average target price of $10.53.

Ford Motor Stock Down 1.6%

The company has a quick ratio of 0.95, a current ratio of 1.10 and a debt-to-equity ratio of 2.24. The company has a market cap of $45.79 billion, a price-to-earnings ratio of 14.75, a PEG ratio of 3.38 and a beta of 1.52. The business has a 50-day simple moving average of $11.47 and a two-hundred day simple moving average of $10.54.

Ford Motor (NYSE:F - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 EPS for the quarter, beating the consensus estimate of $0.33 by $0.04. The firm had revenue of $50.18 billion during the quarter, compared to analysts' expectations of $42.91 billion. Ford Motor had a return on equity of 12.46% and a net margin of 1.70%.The company's revenue for the quarter was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.47 EPS. As a group, equities analysts forecast that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Monday, August 11th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 5.2%. The ex-dividend date of this dividend was Monday, August 11th. Ford Motor's dividend payout ratio (DPR) is presently 76.92%.

Insider Buying and Selling

In other Ford Motor news, insider Andrew Frick sold 30,000 shares of the business's stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $11.00, for a total transaction of $330,000.00. Following the completion of the transaction, the insider directly owned 113,939 shares in the company, valued at $1,253,329. The trade was a 20.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.48% of the stock is currently owned by corporate insiders.

Institutional Trading of Ford Motor

A number of institutional investors have recently bought and sold shares of F. Vanguard Group Inc. boosted its position in Ford Motor by 13.8% during the first quarter. Vanguard Group Inc. now owns 457,660,361 shares of the auto manufacturer's stock valued at $4,590,333,000 after acquiring an additional 55,576,478 shares during the last quarter. Pacer Advisors Inc. raised its holdings in shares of Ford Motor by 6,915.1% during the first quarter. Pacer Advisors Inc. now owns 49,078,048 shares of the auto manufacturer's stock valued at $492,253,000 after purchasing an additional 48,378,444 shares during the period. Norges Bank acquired a new position in shares of Ford Motor during the second quarter valued at about $405,328,000. Marshall Wace LLP raised its holdings in shares of Ford Motor by 712.7% during the second quarter. Marshall Wace LLP now owns 19,572,437 shares of the auto manufacturer's stock valued at $212,361,000 after purchasing an additional 17,164,234 shares during the period. Finally, Geode Capital Management LLC raised its holdings in shares of Ford Motor by 17.9% during the second quarter. Geode Capital Management LLC now owns 103,784,031 shares of the auto manufacturer's stock valued at $1,122,434,000 after purchasing an additional 15,748,694 shares during the period. 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.

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