Ford Motor (NYSE:F) Shares Down 1.6%

Ford Motor (NYSE:F - Get Free Report)'s share price was down 1.6% during trading on Tuesday . The stock traded as low as $11.94 and last traded at $12.03. Approximately 16,262,292 shares traded hands during trading, a decline of 69% from the average daily volume of 52,991,004 shares. The stock had previously closed at $12.23.

Analyst Ratings Changes

Several research firms recently issued reports on F. UBS Group lowered Ford Motor from a "buy" rating to a "neutral" rating and set a $12.00 price target on the stock. in a research report on Wednesday, January 17th. Redburn Atlantic began coverage on Ford Motor in a research report on Wednesday, January 24th. They set a "sell" rating and a $10.00 price target on the stock. Royal Bank of Canada restated a "sector perform" rating and set a $12.00 price target on shares of Ford Motor in a research report on Wednesday, February 7th. Piper Sandler began coverage on Ford Motor in a research report on Friday, March 15th. They set a "neutral" rating and a $13.00 price target on the stock. Finally, Morgan Stanley raised their price target on Ford Motor from $15.00 to $16.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 13th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the company. According to MarketBeat, Ford Motor currently has an average rating of "Hold" and an average target price of $13.82.

Ford Motor Price Performance

The company has a debt-to-equity ratio of 2.33, a current ratio of 1.20 and a quick ratio of 1.04. The firm has a 50-day moving average of $12.63 and a 200-day moving average of $11.76. The stock has a market cap of $48.04 billion, a PE ratio of 11.27, a PEG ratio of 1.00 and a beta of 1.63.

Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 EPS for the quarter, beating analysts' consensus estimates of $0.12 by $0.17. Ford Motor had a return on equity of 18.95% and a net margin of 2.47%. The company had revenue of $43.21 billion during the quarter, compared to analyst estimates of $43.06 billion. During the same period in the prior year, the company earned $0.51 earnings per share. The firm's revenue was up 3.5% on a year-over-year basis. Research analysts predict that Ford Motor will post 1.9 EPS for the current year.

Ford Motor Dividend Announcement

The business also recently disclosed a Variable dividend, which was paid on Friday, March 1st. Stockholders of record on Friday, February 16th were paid a $0.33 dividend. This represents a dividend yield of 4.7%. The ex-dividend date was Thursday, February 15th. Ford Motor's payout ratio is 55.56%.

Insider Transactions at Ford Motor

In other news, CAO Mark Kosman sold 26,898 shares of the stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total value of $337,031.94. Following the sale, the chief accounting officer now directly owns 7,102 shares in the company, valued at $88,988.06. The sale was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 0.40% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. RB Capital Management LLC lifted its position in Ford Motor by 14.6% during the 1st quarter. RB Capital Management LLC now owns 27,339 shares of the auto manufacturer's stock worth $462,000 after acquiring an additional 3,477 shares during the period. Fairfield Bush & CO. acquired a new stake in Ford Motor during the 1st quarter worth about $37,000. Synovus Financial Corp lifted its position in Ford Motor by 275.4% during the 1st quarter. Synovus Financial Corp now owns 111,481 shares of the auto manufacturer's stock worth $1,886,000 after acquiring an additional 81,783 shares during the period. Blair William & Co. IL lifted its position in Ford Motor by 17.3% during the 1st quarter. Blair William & Co. IL now owns 325,778 shares of the auto manufacturer's stock worth $5,509,000 after acquiring an additional 47,959 shares during the period. Finally, Canada Pension Plan Investment Board lifted its position in Ford Motor by 3.0% during the 1st quarter. Canada Pension Plan Investment Board now owns 564,002 shares of the auto manufacturer's stock worth $9,537,000 after acquiring an additional 16,498 shares during the period. 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.