Ford Motor (NYSE:F) Stock Price Up 0.3% Following Dividend Announcement

Shares of Ford Motor (NYSE:F - Get Free Report) were up 0.3% during trading on Tuesday after the company announced a dividend. The stock traded as high as $10.13 and last traded at $10.06. Approximately 37,139,906 shares changed hands during trading, a decline of 49% from the average daily volume of 72,414,069 shares. The stock had previously closed at $10.02.

The newly announced dividend which will be paid on Monday, June 2nd. Investors of record on Monday, May 12th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.84%. The ex-dividend date is Monday, May 12th. Ford Motor's dividend payout ratio is currently 41.10%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on F. UBS Group reduced their target price on shares of Ford Motor from $10.00 to $9.00 and set a "neutral" rating on the stock in a research report on Thursday, April 10th. Barclays decreased their target price on Ford Motor from $10.00 to $8.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 15th. TD Cowen initiated coverage on Ford Motor in a research note on Friday, March 7th. They set a "hold" rating and a $10.00 price target on the stock. Bank of America lowered their price objective on shares of Ford Motor from $19.00 to $15.50 and set a "buy" rating for the company in a research note on Thursday, February 6th. Finally, The Goldman Sachs Group reissued a "neutral" rating and set a $9.00 target price (down previously from $11.00) on shares of Ford Motor in a research report on Thursday, April 10th. Four equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have given a buy rating to the company's stock. According to MarketBeat, Ford Motor presently has an average rating of "Hold" and an average target price of $9.83.

Ford Motor Stock Performance

The firm's fifty day simple moving average is $9.72 and its 200 day simple moving average is $10.09. The company has a market capitalization of $40.74 billion, a PE ratio of 7.04, a price-to-earnings-growth ratio of 0.61 and a beta of 1.41. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02.

Ford Motor (NYSE:F - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, topping the consensus estimate of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. On average, research analysts predict that Ford Motor will post 1.47 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Franklin Resources Inc. grew its holdings in Ford Motor by 29.8% in the third quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer's stock valued at $15,998,000 after purchasing an additional 336,720 shares during the period. NCP Inc. lifted its position in shares of Ford Motor by 62.0% during the 4th quarter. NCP Inc. now owns 74,520 shares of the auto manufacturer's stock valued at $738,000 after buying an additional 28,528 shares in the last quarter. Principal Financial Group Inc. grew its stake in Ford Motor by 3.8% in the 3rd quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer's stock valued at $46,408,000 after acquiring an additional 160,409 shares during the period. Alberta Investment Management Corp increased its holdings in Ford Motor by 87.1% in the 4th quarter. Alberta Investment Management Corp now owns 196,100 shares of the auto manufacturer's stock worth $1,941,000 after acquiring an additional 91,300 shares in the last quarter. Finally, CHURCHILL MANAGEMENT Corp acquired a new position in Ford Motor during the fourth quarter worth $10,853,000. Institutional investors and hedge funds 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.