Ford Motor (NYSE:F) Trading Up 1.2% - Here's Why

Ford Motor (NYSE:F - Get Free Report) was up 1.2% during trading on Wednesday . The company traded as high as $10.77 and last traded at $10.73. Approximately 26,174,433 shares traded hands during mid-day trading, a decline of 76% from the average daily volume of 108,804,563 shares. The stock had previously closed at $10.60.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on F shares. Citigroup increased their target price on shares of Ford Motor from $10.00 to $11.00 and gave the company a "neutral" rating in a research report on Wednesday, May 7th. Piper Sandler raised their price objective on shares of Ford Motor from $8.50 to $9.00 and gave the stock a "neutral" rating in a research report on Thursday, May 22nd. Wolfe Research upgraded shares of Ford Motor from an "underperform" rating to a "peer perform" rating in a research report on Wednesday, April 30th. Barclays raised their price objective on shares of Ford Motor from $8.00 to $9.00 and gave the stock an "equal weight" rating in a research report on Tuesday, May 6th. Finally, TD Cowen initiated coverage on shares of Ford Motor in a research report on Friday, March 7th. They set a "hold" rating and a $10.00 price objective for the company. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $10.03.

Ford Motor Stock Down 0.9%

The firm's 50-day moving average price is $10.12 and its two-hundred day moving average price is $9.97. The firm has a market cap of $41.50 billion, a PE ratio of 7.15, a P/E/G ratio of 0.61 and a beta of 1.50. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16.

Ford Motor (NYSE:F - Get Free Report) last announced its earnings results on Monday, May 5th. The auto manufacturer reported $0.14 EPS for the quarter, beating analysts' consensus estimates of ($0.02) by $0.16. The business had revenue of $40.66 billion for the quarter, compared to analysts' expectations of $35.99 billion. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. The company's quarterly revenue was down 6.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.49 EPS. As a group, equities research analysts expect that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Monday, May 12th were given a dividend of $0.15 per share. The ex-dividend date was Monday, May 12th. This represents a $0.60 annualized dividend and a dividend yield of 5.75%. Ford Motor's payout ratio is currently 48.00%.

Institutional Investors Weigh In On Ford Motor

Several institutional investors have recently made changes to their positions in F. Vanguard Group Inc. lifted its holdings in Ford Motor by 16.6% in the 4th quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer's stock valued at $3,980,630,000 after purchasing an additional 57,182,803 shares in the last quarter. Pacer Advisors Inc. increased its stake in shares of Ford Motor by 6,915.1% during the 1st quarter. Pacer Advisors Inc. now owns 49,078,048 shares of the auto manufacturer's stock valued at $492,253,000 after acquiring an additional 48,378,444 shares during the last quarter. Norges Bank acquired a new position in shares of Ford Motor during the 4th quarter valued at about $387,282,000. Nuveen LLC acquired a new position in shares of Ford Motor during the 1st quarter valued at about $123,147,000. Finally, Charles Schwab Investment Management Inc. increased its position in Ford Motor by 8.5% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 140,053,906 shares of the auto manufacturer's stock worth $1,404,741,000 after purchasing an additional 10,947,527 shares in the last quarter. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

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.