Ford Motor (NYSE:F – Get Free Report)’s share price traded down 1.8% during trading on Tuesday . The stock traded as low as $10.94 and last traded at $10.99. 11,868,125 shares traded hands during mid-day trading, a decline of 78% from the average session volume of 54,194,645 shares. The stock had previously closed at $11.19.
Analyst Ratings Changes
A number of analysts have issued reports on F shares. The Goldman Sachs Group decreased their price target on Ford Motor from $14.00 to $12.00 and set a “neutral” rating on the stock in a research note on Thursday, July 25th. Sanford C. Bernstein started coverage on shares of Ford Motor in a research report on Thursday, May 23rd. They issued an “outperform” rating and a $16.00 target price on the stock. StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. Barclays decreased their price target on shares of Ford Motor from $17.00 to $16.00 and set an “overweight” rating on the stock in a report on Thursday, July 25th. Finally, Evercore ISI upgraded Ford Motor to a “hold” rating in a report on Friday, July 26th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $13.48.
Ford Motor Price Performance
The company has a debt-to-equity ratio of 2.30, a current ratio of 1.17 and a quick ratio of 1.00. The company has a market cap of $43.84 billion, a PE ratio of 11.32, a P/E/G ratio of 0.81 and a beta of 1.62. The company has a 50-day moving average price of $11.81 and a two-hundred day moving average price of $12.19.
Ford Motor (NYSE:F – Get Free Report) last released its quarterly earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.21). Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The firm had revenue of $47.81 billion for the quarter, compared to analyst estimates of $47.79 billion. During the same period in the previous year, the business posted $0.72 earnings per share. Ford Motor’s revenue for the quarter was up 6.3% on a year-over-year basis. Sell-side analysts expect that Ford Motor will post 1.88 earnings per share for the current fiscal year.
Ford Motor Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 3rd. Stockholders of record on Wednesday, August 7th will be issued a $0.15 dividend. The ex-dividend date is Wednesday, August 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.46%. Ford Motor’s dividend payout ratio (DPR) is 61.86%.
Institutional Investors Weigh In On Ford Motor
Institutional investors and hedge funds have recently bought and sold shares of the business. Gilbert & Cook Inc. grew its holdings in Ford Motor by 4.1% in the 4th quarter. Gilbert & Cook Inc. now owns 46,670 shares of the auto manufacturer’s stock worth $569,000 after buying an additional 1,836 shares in the last quarter. Aveo Capital Partners LLC lifted its holdings in Ford Motor by 6.9% in the fourth quarter. Aveo Capital Partners LLC now owns 20,906 shares of the auto manufacturer’s stock worth $255,000 after purchasing an additional 1,352 shares during the period. First National Trust Co grew its position in Ford Motor by 9.6% in the 4th quarter. First National Trust Co now owns 22,938 shares of the auto manufacturer’s stock valued at $280,000 after buying an additional 2,000 shares in the last quarter. TCG Advisory Services LLC raised its position in shares of Ford Motor by 40.6% during the 4th quarter. TCG Advisory Services LLC now owns 15,126 shares of the auto manufacturer’s stock worth $184,000 after buying an additional 4,364 shares in the last quarter. Finally, Clifford Swan Investment Counsel LLC acquired a new stake in shares of Ford Motor in the 4th quarter worth approximately $211,000. Institutional investors and hedge funds 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.