Ford Motor (NYSE:F) Stock Price Up 1.9% – Here’s What Happened

Ford Motor Company (NYSE:F)’s share price rose 1.9% during trading on Tuesday . The company traded as high as $12.03 and last traded at $11.9340. Approximately 59,474,012 shares traded hands during mid-day trading, a decline of 13% from the average daily volume of 68,734,242 shares. The stock had previously closed at $11.71.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on F. Weiss Ratings reissued a “buy (b-)” rating on shares of Ford Motor in a research report on Monday, December 22nd. Zacks Research upgraded shares of Ford Motor from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 12th. TD Cowen increased their price objective on shares of Ford Motor from $13.00 to $15.00 and gave the stock a “hold” rating in a research report on Tuesday, January 13th. JPMorgan Chase & Co. raised their target price on shares of Ford Motor from $14.00 to $15.00 and gave the company an “overweight” rating in a research note on Wednesday, January 21st. Finally, Barclays upped their price target on shares of Ford Motor from $12.00 to $13.00 and gave the stock an “equal weight” rating in a research report on Friday, January 23rd. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Ford Motor presently has a consensus rating of “Hold” and a consensus target price of $13.29.

Ford Motor Trading Up 1.9%

The firm has a market capitalization of $47.61 billion, a price-to-earnings ratio of -5.79, a PEG ratio of 0.27 and a beta of 1.65. The business’s 50-day moving average price is $13.53 and its 200 day moving average price is $12.94. The company has a debt-to-equity ratio of 2.95, a current ratio of 1.07 and a quick ratio of 0.94.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, February 11th. The auto manufacturer reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.06 by $0.07. Ford Motor had a negative net margin of 4.37% and a positive return on equity of 10.16%. The business had revenue of $45.89 billion during the quarter, compared to analyst estimates of $41.78 billion. During the same period last year, the business earned $0.39 EPS. The business’s revenue was down 4.8% on a year-over-year basis. On average, equities analysts forecast that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 13th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date of this dividend was Friday, February 13th. Ford Motor’s payout ratio is presently -29.13%.

Insider Activity at Ford Motor

In other Ford Motor news, insider William Clay Ford, Jr. purchased 140,000 shares of the business’s stock in a transaction that occurred on Thursday, February 19th. The shares were acquired at an average price of $13.82 per share, for a total transaction of $1,934,800.00. Following the completion of the purchase, the insider owned 3,912,600 shares in the company, valued at $54,072,132. The trade was a 3.71% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.48% of the company’s stock.

Institutional Trading of Ford Motor

A number of hedge funds have recently made changes to their positions in F. Rockefeller Capital Management L.P. grew its holdings in Ford Motor by 20.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 257,465 shares of the auto manufacturer’s stock worth $3,378,000 after acquiring an additional 44,361 shares in the last quarter. World Investment Advisors raised its stake in shares of Ford Motor by 222.5% in the 4th quarter. World Investment Advisors now owns 125,292 shares of the auto manufacturer’s stock valued at $1,644,000 after purchasing an additional 86,445 shares in the last quarter. Winthrop Partners WNY LLC bought a new position in shares of Ford Motor during the fourth quarter worth about $141,000. Nalls Sherbakoff Group LLC acquired a new position in Ford Motor in the fourth quarter worth about $187,000. Finally, Corient Private Wealth LLC increased its holdings in Ford Motor by 37.5% in the fourth quarter. Corient Private Wealth LLC now owns 626,492 shares of the auto manufacturer’s stock valued at $8,220,000 after buying an additional 170,824 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Company Profile

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.