Ford Motor (NYSE:F) Trading Up 1.4% – What’s Next?

Ford Motor Company (NYSE:FGet Free Report) shares shot up 1.4% on Friday . The stock traded as high as $14.55 and last traded at $14.3450. Approximately 76,457,996 shares changed hands during mid-day trading, an increase of 26% from the average daily volume of 60,863,387 shares. The stock had previously closed at $14.15.

Trending Headlines about Ford Motor

Here are the key news stories impacting Ford Motor this week:

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. Citigroup raised their price objective on Ford Motor from $13.00 to $19.00 and gave the stock a “neutral” rating in a report on Monday, June 1st. Wall Street Zen upgraded Ford Motor from a “hold” rating to a “buy” rating in a research note on Saturday, June 13th. UBS Group increased their target price on Ford Motor from $14.00 to $17.00 and gave the stock a “buy” rating in a research report on Monday, June 8th. JPMorgan Chase & Co. raised their price target on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Friday, July 17th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Ford Motor in a report on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Ford Motor has an average rating of “Hold” and an average target price of $14.79.

Read Our Latest Stock Report on F

Ford Motor Price Performance

The company has a market capitalization of $57.16 billion, a PE ratio of -9.25, a PEG ratio of 0.35 and a beta of 1.82. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 2.84. The company’s 50 day moving average price is $14.42 and its 200-day moving average price is $13.44.

Ford Motor (NYSE:FGet Free Report) last issued its earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.48. Ford Motor had a positive return on equity of 15.77% and a negative net margin of 3.22%.The business had revenue of $43.25 billion for the quarter, compared to analyst estimates of $42.66 billion. During the same period last year, the company posted $0.14 EPS. The business’s quarterly revenue was up 6.4% on a year-over-year basis. On average, sell-side analysts forecast that Ford Motor Company will post 1.62 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Tuesday, May 12th. Ford Motor’s dividend payout ratio (DPR) is -38.71%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. Norges Bank acquired a new stake in shares of Ford Motor in the fourth quarter worth $674,437,000. Marshall Wace LLP lifted its holdings in shares of Ford Motor by 81.1% during the 3rd quarter. Marshall Wace LLP now owns 35,438,722 shares of the auto manufacturer’s stock valued at $423,847,000 after acquiring an additional 15,866,285 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of Ford Motor by 610.1% during 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. Bank of New York Mellon Corp boosted its position 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 worth $500,572,000 after purchasing an additional 8,086,564 shares during the period. Finally, SG Americas Securities LLC boosted its position in Ford Motor by 458.7% during the 1st quarter. SG Americas Securities LLC now owns 9,002,765 shares of the auto manufacturer’s stock worth $103,892,000 after purchasing an additional 7,391,361 shares during the period. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Company Profile

(Get Free Report)

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.

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