Ford Motor (NYSE:F) Shares Down 1.4% – What’s Next?

Shares of Ford Motor Company (NYSE:F) were down 1.4% on Wednesday . The stock traded as low as $11.66 and last traded at $11.6750. Approximately 37,628,843 shares were traded during mid-day trading, a decline of 45% from the average daily volume of 67,898,250 shares. The stock had previously closed at $11.84.

Analysts Set New Price Targets

Several brokerages recently commented on F. Barclays upped their target price on Ford Motor from $12.00 to $13.00 and gave the company an “equal weight” rating in a research report on Friday, January 23rd. UBS Group boosted their price target on Ford Motor from $12.50 to $15.00 and gave the company a “neutral” rating in a research note on Wednesday, January 14th. Zacks Research cut Ford Motor from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. Morgan Stanley raised their price objective on shares of Ford Motor from $11.00 to $14.00 and gave the stock an “equal weight” rating in a research report on Monday, December 8th. Finally, Bank of America assumed coverage on shares of Ford Motor in a research note on Wednesday, March 4th. They issued a “buy” rating and a $17.00 price objective for the company. Four investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Ford Motor has an average rating of “Hold” and an average price target of $13.29.

Ford Motor Price Performance

The firm has a market capitalization of $46.58 billion, a P/E ratio of -5.67, a price-to-earnings-growth ratio of 0.27 and a beta of 1.65. The business has a 50-day moving average of $13.25 and a 200 day moving average of $12.94. The company has a current ratio of 1.07, a quick ratio of 0.94 and a debt-to-equity ratio of 2.95.

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

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 13th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date was Friday, February 13th. Ford Motor’s dividend payout ratio (DPR) is currently -29.13%.

Insider Transactions at Ford Motor

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

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Norges Bank acquired a new position in shares of Ford Motor during the fourth quarter valued at about $674,437,000. DLD Asset Management LP acquired a new stake in shares of Ford Motor in the 3rd quarter worth about $299,000,000. Marshall Wace LLP lifted its position in Ford Motor by 712.7% in the 2nd quarter. Marshall Wace LLP now owns 19,572,437 shares of the auto manufacturer’s stock valued at $212,361,000 after acquiring an additional 17,164,234 shares in the last quarter. AQR Capital Management LLC lifted its position in Ford Motor by 610.1% in the 4th quarter. AQR Capital Management LLC now owns 11,177,304 shares of the auto manufacturer’s stock valued at $146,646,000 after acquiring an additional 9,603,267 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in Ford Motor by 26.9% during the 4th quarter. Bank of New York Mellon Corp now owns 38,153,383 shares of the auto manufacturer’s stock valued at $500,572,000 after purchasing an additional 8,086,564 shares during the last quarter. 58.74% of the stock is owned by institutional investors.

About Ford Motor

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.