Ford Motor (NYSE:F) Trading Down 1.9%

Ford Motor (NYSE:F)’s stock price dropped 1.9% during mid-day trading on Thursday . The stock traded as low as $12.69 and last traded at $12.70. Approximately 18,373,598 shares traded hands during mid-day trading, a decline of 66% from the average daily volume of 53,410,754 shares. The stock had previously closed at $12.95.

Analyst Ratings Changes

Several research firms recently weighed in on F. UBS Group upped their price target on Ford Motor from $13.00 to $14.00 and gave the stock a “neutral” rating in a research note on Thursday. Redburn Atlantic started coverage on Ford Motor in a research note on Wednesday, January 24th. They issued a “sell” rating and a $10.00 price target on the stock. Barclays lifted their price target on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research report on Thursday, April 11th. Royal Bank of Canada raised their price target on shares of Ford Motor from $12.00 to $13.00 and gave the company a “sector perform” rating in a research report on Thursday. Finally, Morgan Stanley boosted their price objective on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a report on Tuesday, February 13th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $14.02.

Ford Motor Price Performance

The company has a market capitalization of $51.82 billion, a PE ratio of 11.80, a price-to-earnings-growth ratio of 1.02 and a beta of 1.63. The company has a quick ratio of 1.04, a current ratio of 1.20 and a debt-to-equity ratio of 2.33. The firm’s 50 day simple moving average is $12.60 and its 200 day simple moving average is $11.78.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, April 24th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping analysts’ consensus estimates of $0.42 by $0.07. The company had revenue of $42.78 billion for the quarter, compared to analyst estimates of $42.93 billion. Ford Motor had a net margin of 2.47% and a return on equity of 18.95%. The firm’s revenue for the quarter was up 3.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.63 EPS. As a group, research analysts anticipate that Ford Motor will post 1.9 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently declared a Variable dividend, which was paid on Friday, March 1st. Stockholders of record on Friday, February 16th were given a dividend of $0.33 per share. This represents a dividend yield of 4.7%. The ex-dividend date of this dividend was Thursday, February 15th. Ford Motor’s payout ratio is presently 55.56%.

Insider Buying and Selling at Ford Motor

In other news, CAO Mark Kosman sold 26,898 shares of the firm’s stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total value of $337,031.94. Following the completion of the transaction, 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 the SEC website. 0.80% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in F. Smith Chas P & Associates PA Cpas grew its position in shares of Ford Motor by 26.0% during the 1st quarter. Smith Chas P & Associates PA Cpas now owns 15,639 shares of the auto manufacturer’s stock valued at $208,000 after acquiring an additional 3,226 shares during the period. L.M. Kohn & Company grew its stake in Ford Motor by 9.1% in the 1st quarter. L.M. Kohn & Company now owns 23,950 shares of the auto manufacturer’s stock valued at $318,000 after acquiring an additional 1,992 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its position in Ford Motor by 3.8% during the first quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 733,060 shares of the auto manufacturer’s stock worth $9,735,000 after acquiring an additional 26,600 shares during the period. Eudaimonia Advisors LLC acquired a new stake in shares of Ford Motor in the first quarter valued at about $200,000. Finally, Summit Financial LLC raised its position in shares of Ford Motor by 16.9% during the 1st quarter. Summit Financial LLC now owns 32,200 shares of the auto manufacturer’s stock worth $428,000 after purchasing an additional 4,664 shares during the last quarter. Hedge funds and other institutional investors 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.