Ford Motor (NYSE:F) Trading Up 0.1% Following Analyst Upgrade

Shares of Ford Motor (NYSE:F - Get Free Report) were up 0.1% on Thursday after Citigroup raised their price target on the stock from $10.00 to $11.00. Citigroup currently has a neutral rating on the stock. Ford Motor traded as high as $10.46 and last traded at $10.29. Approximately 27,118,253 shares changed hands during trading, a decline of 64% from the average daily volume of 74,342,651 shares. The stock had previously closed at $10.28.

Other research analysts have also recently issued research reports about the company. Sanford C. Bernstein cut Ford Motor from a "market perform" rating to an "underperform" rating and decreased their target price for the company from $9.40 to $7.00 in a research note on Wednesday, April 9th. StockNews.com raised shares of Ford Motor from a "sell" rating to a "hold" rating in a research report on Monday. Barclays upped their price target on shares of Ford Motor from $8.00 to $9.00 and gave the company an "equal weight" rating in a research report on Tuesday. Wells Fargo & Company lowered their price objective on shares of Ford Motor from $9.00 to $8.00 and set an "underweight" rating on the stock in a research report on Thursday, February 6th. Finally, The Goldman Sachs Group increased their target price on Ford Motor from $9.00 to $10.00 and gave the company a "neutral" rating in a report on Tuesday. Three analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $10.00.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Albion Financial Group UT boosted its stake in Ford Motor by 38.5% during the 4th quarter. Albion Financial Group UT now owns 3,600 shares of the auto manufacturer's stock valued at $36,000 after purchasing an additional 1,000 shares during the period. Brighton Jones LLC grew its stake in shares of Ford Motor by 5.4% in the fourth quarter. Brighton Jones LLC now owns 19,693 shares of the auto manufacturer's stock worth $195,000 after acquiring an additional 1,001 shares during the last quarter. Angeles Wealth Management LLC increased its position in Ford Motor by 1.3% during the fourth quarter. Angeles Wealth Management LLC now owns 80,728 shares of the auto manufacturer's stock worth $799,000 after acquiring an additional 1,024 shares during the period. Kovack Advisors Inc. raised its stake in Ford Motor by 1.7% during the 1st quarter. Kovack Advisors Inc. now owns 62,199 shares of the auto manufacturer's stock valued at $624,000 after purchasing an additional 1,035 shares during the last quarter. Finally, Atlas Brown Inc. boosted its holdings in Ford Motor by 1.7% in the 4th quarter. Atlas Brown Inc. now owns 63,323 shares of the auto manufacturer's stock valued at $627,000 after purchasing an additional 1,047 shares during the period. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Stock Up 0.1 %

The firm's 50-day simple moving average is $9.77 and its 200-day simple moving average is $10.07. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The company has a market capitalization of $40.78 billion, a price-to-earnings ratio of 7.05, a price-to-earnings-growth ratio of 0.61 and a beta of 1.53.

Ford Motor (NYSE:F - Get Free Report) last released its earnings results on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share for the quarter, topping analysts' consensus estimates of ($0.02) by $0.16. The business had revenue of $40.66 billion for the quarter, compared to the consensus estimate of $35.99 billion. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. The firm's revenue for the quarter was down 6.2% compared to the same quarter last year. During the same period last year, the business earned $0.49 earnings per share. Sell-side analysts forecast that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Monday, May 12th will be given a $0.15 dividend. The ex-dividend date of this dividend is Monday, May 12th. This represents a $0.60 annualized dividend and a yield of 5.83%. Ford Motor's dividend payout ratio (DPR) is currently 48.00%.

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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