Ford Motor (NYSE:F) Trading Up 0.8%

Shares of Ford Motor (NYSE:F) rose 0.8% during trading on Tuesday . The company traded as high as $9.85 and last traded at $9.79. Approximately 31,580,193 shares were traded during mid-day trading, a decline of 42% from the average daily volume of 54,642,934 shares. The stock had previously closed at $9.71.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. The Goldman Sachs Group reduced their price target on shares of Ford Motor from $14.00 to $12.00 and set a “neutral” rating on the stock in a research report on Thursday, July 25th. Barclays decreased their price target on Ford Motor from $17.00 to $16.00 and set an “overweight” rating on the stock in a research note on Thursday, July 25th. StockNews.com raised Ford Motor from a “sell” rating to a “hold” rating in a research note on Friday. Citigroup increased their target price on Ford Motor from $16.00 to $18.00 and gave the stock a “buy” rating in a research note on Thursday, May 2nd. Finally, Evercore ISI raised Ford Motor to a “hold” rating in a research report on Friday, July 26th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $13.75.

Ford Motor Stock Up 0.7 %

The company has a market capitalization of $39.05 billion, a price-to-earnings ratio of 10.09, a PEG ratio of 0.75 and a beta of 1.62. The company has a current ratio of 1.17, a quick ratio of 1.00 and a debt-to-equity ratio of 2.30. The firm’s 50 day simple moving average is $12.36 and its 200-day simple moving average is $12.38.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by ($0.21). The firm had revenue of $47.81 billion for the quarter, compared to analysts’ expectations of $47.79 billion. Ford Motor had a return on equity of 15.28% and a net margin of 2.13%. The company’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same period in the prior year, the company earned $0.72 earnings per share. On average, sell-side analysts anticipate that Ford Motor will post 1.94 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 3rd. Investors of record on Wednesday, August 7th will be issued a dividend of $0.15 per share. The ex-dividend date is Wednesday, August 7th. This represents a $0.60 annualized dividend and a yield of 6.13%. Ford Motor’s dividend payout ratio is presently 61.86%.

Insider Transactions at Ford Motor

In other news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the company’s stock in a transaction on Friday, May 24th. The shares were sold at an average price of $12.09, for a total value of $982,119.06. Following the completion of the transaction, the director now directly owns 168,601 shares in the company, valued at $2,038,386.09. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.80% of the company’s stock.

Hedge Funds Weigh In On Ford Motor

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Pinnacle Associates Ltd. raised its position in shares of Ford Motor by 2.6% during the first quarter. Pinnacle Associates Ltd. now owns 32,527 shares of the auto manufacturer’s stock worth $432,000 after purchasing an additional 817 shares during the period. Annis Gardner Whiting Capital Advisors LLC increased its stake in Ford Motor by 29.8% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 3,604 shares of the auto manufacturer’s stock worth $44,000 after purchasing an additional 828 shares in the last quarter. Legacy Wealth Asset Management LLC raised its holdings in Ford Motor by 1.7% during the 1st quarter. Legacy Wealth Asset Management LLC now owns 48,916 shares of the auto manufacturer’s stock worth $650,000 after buying an additional 836 shares during the period. Insight Wealth Partners LLC boosted its holdings in shares of Ford Motor by 1.9% in the second quarter. Insight Wealth Partners LLC now owns 44,144 shares of the auto manufacturer’s stock worth $554,000 after buying an additional 843 shares during the period. Finally, Pallas Capital Advisors LLC increased its position in shares of Ford Motor by 2.9% in the second quarter. Pallas Capital Advisors LLC now owns 29,850 shares of the auto manufacturer’s stock worth $374,000 after acquiring an additional 846 shares in the last quarter. 58.74% of the stock is owned by 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.