Ford Motor (NYSE:F) Trading Up 1.3% – Time to Buy?

Ford Motor (NYSE:F) traded up 1.3% during trading on Monday . The company traded as high as $10.14 and last traded at $10.03. 46,285,308 shares were traded during mid-day trading, a decline of 45% from the average session volume of 84,553,039 shares. The stock had previously closed at $9.90.

Analysts Set New Price Targets

F has been the subject of a number of recent analyst reports. TD Cowen assumed coverage on Ford Motor in a research note on Friday. They issued a “hold” rating and a $10.00 price target for the company. Barclays lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and cut their target price for the stock from $13.00 to $11.00 in a report on Wednesday, January 22nd. Jefferies Financial Group lowered shares of Ford Motor from a “hold” rating to an “underperform” rating and decreased their price target for the company from $12.00 to $9.00 in a report on Monday, December 16th. Evercore ISI dropped their price objective on Ford Motor from $11.00 to $10.00 and set an “in-line” rating on the stock in a research note on Monday, February 10th. Finally, Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $11.77.

Ford Motor Stock Performance

The stock’s 50 day moving average is $9.72 and its 200 day moving average is $10.38. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. The firm has a market cap of $39.54 billion, a price-to-earnings ratio of 6.83, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. Analysts anticipate that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.02%. Ford Motor’s payout ratio is presently 41.10%.

Hedge Funds Weigh In On Ford Motor

A number of hedge funds have recently added to or reduced their stakes in the stock. Franklin Resources Inc. lifted its position in shares of Ford Motor by 29.8% during the 3rd quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer’s stock worth $15,998,000 after buying an additional 336,720 shares during the last quarter. NCP Inc. increased its position in Ford Motor by 62.0% during the 4th quarter. NCP Inc. now owns 74,520 shares of the auto manufacturer’s stock worth $738,000 after purchasing an additional 28,528 shares in the last quarter. Principal Financial Group Inc. lifted its stake in Ford Motor by 3.8% in the 3rd quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer’s stock valued at $46,408,000 after purchasing an additional 160,409 shares during the last quarter. Worldquant Millennium Advisors LLC acquired a new stake in Ford Motor in the third quarter valued at approximately $55,456,000. Finally, Alberta Investment Management Corp grew its stake in shares of Ford Motor by 87.1% during the fourth quarter. Alberta Investment Management Corp now owns 196,100 shares of the auto manufacturer’s stock worth $1,941,000 after buying an additional 91,300 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Ford Motor Company Profile

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.