Ford Motor (NYSE:F) Trading Up 1.6% – Still a Buy?

Ford Motor (NYSE:F) was up 1.6% during mid-day trading on Monday . The company traded as high as $10.21 and last traded at $10.17. Approximately 60,707,245 shares were traded during trading, an increase of 14% from the average daily volume of 53,436,516 shares. The stock had previously closed at $10.01.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on F shares. Royal Bank of Canada restated a “sector perform” rating and set a $10.00 target price on shares of Ford Motor in a research report on Tuesday, October 29th. The Goldman Sachs Group upgraded shares of Ford Motor from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $12.00 to $13.00 in a research report on Tuesday, October 1st. Morgan Stanley downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their price objective for the stock from $16.00 to $12.00 in a research report on Wednesday, September 25th. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Finally, Sanford C. Bernstein downgraded shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective for the company. in a research report on Thursday, November 7th. Four analysts have rated the stock with a sell rating, eight have issued a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $11.83.

Ford Motor Stock Up 2.6 %

The firm has a market cap of $41.51 billion, a PE ratio of 11.87, a PEG ratio of 1.96 and a beta of 1.64. The business’s 50 day moving average price is $10.36 and its 200 day moving average price is $10.89. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98.

Ford Motor (NYSE:F) last released its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The business had revenue of $46.20 billion during the quarter, compared to analysts’ expectations of $45.13 billion. During the same quarter in the previous year, the company earned $0.39 earnings per share. The company’s quarterly revenue was up 5.5% on a year-over-year basis. On average, equities research analysts expect that Ford Motor will post 1.77 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 7th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.60 annualized dividend and a yield of 5.74%. Ford Motor’s dividend payout ratio is presently 68.18%.

Institutional Trading of Ford Motor

Several large investors have recently bought and sold shares of the business. 1834 Investment Advisors Co. grew its stake in shares of Ford Motor by 3.8% in the 4th quarter. 1834 Investment Advisors Co. now owns 284,777 shares of the auto manufacturer’s stock valued at $2,819,000 after buying an additional 10,344 shares during the period. Avaii Wealth Management LLC grew its stake in shares of Ford Motor by 79.4% in the 4th quarter. Avaii Wealth Management LLC now owns 19,029 shares of the auto manufacturer’s stock valued at $188,000 after buying an additional 8,421 shares during the period. Vista Investment Partners LLC grew its stake in shares of Ford Motor by 2.0% in the 4th quarter. Vista Investment Partners LLC now owns 77,805 shares of the auto manufacturer’s stock valued at $770,000 after buying an additional 1,500 shares during the period. Jacksonville Wealth Management LLC purchased a new stake in shares of Ford Motor in the 4th quarter valued at approximately $239,000. Finally, Exchange Traded Concepts LLC grew its stake in shares of Ford Motor by 29.3% in the 4th quarter. Exchange Traded Concepts LLC now owns 40,351 shares of the auto manufacturer’s stock valued at $399,000 after buying an additional 9,143 shares during the period. Hedge funds and other 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.