Ford Motor (NYSE:F) Trading 1.8% Higher – Should You Buy?

Ford Motor (NYSE:F)’s share price traded up 1.8% during trading on Monday . The stock traded as high as $10.20 and last traded at $10.18. 20,071,501 shares changed hands during mid-day trading, a decline of 68% from the average session volume of 61,922,215 shares. The stock had previously closed at $10.00.

Analysts Set New Price Targets

F has been the subject of several research analyst reports. Piper Sandler dropped their price target on shares of Ford Motor from $13.00 to $9.00 and set a “neutral” rating for the company in a research report on Thursday, March 20th. JPMorgan Chase & Co. dropped their price objective on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Friday, February 7th. Bank of America cut their target price on Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a research report on Thursday, February 6th. Jefferies Financial Group downgraded Ford Motor from a “hold” rating to an “underperform” rating and lowered their price target for the company from $12.00 to $9.00 in a research report on Monday, December 16th. Finally, Barclays downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price objective for the stock from $13.00 to $11.00 in a report on Wednesday, January 22nd. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $11.50.

Ford Motor Price Performance

The business’s 50 day moving average price is $9.76 and its 200-day moving average price is $10.29. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The company has a market cap of $40.74 billion, a PE ratio of 7.04, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59.

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

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.84%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor’s dividend payout ratio is currently 41.10%.

Institutional Trading of Ford Motor

A number of hedge funds have recently made changes to their positions in F. Vanguard Group Inc. raised its stake in Ford Motor by 16.6% during the fourth quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer’s stock valued at $3,980,630,000 after buying an additional 57,182,803 shares in the last quarter. Norges Bank bought a new stake in shares of Ford Motor in the 4th quarter valued at approximately $387,282,000. Jacobs Levy Equity Management Inc. raised its position in shares of Ford Motor by 88.0% during the 4th quarter. Jacobs Levy Equity Management Inc. now owns 22,512,285 shares of the auto manufacturer’s stock valued at $222,872,000 after acquiring an additional 10,535,335 shares in the last quarter. Voloridge Investment Management LLC lifted its stake in Ford Motor by 2,905.1% during the fourth quarter. Voloridge Investment Management LLC now owns 7,989,463 shares of the auto manufacturer’s stock worth $79,096,000 after purchasing an additional 7,723,601 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Ford Motor by 5.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer’s stock worth $1,278,153,000 after purchasing an additional 6,497,321 shares during the period. Institutional investors and hedge funds 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.