Ford Motor (NYSE:F) Trading 0% Higher – Still a Buy?

Shares of Ford Motor (NYSE:F) traded up 0% during trading on Thursday . The company traded as high as $10.09 and last traded at $10.03. 10,992,807 shares traded hands during mid-day trading, a decline of 81% from the average session volume of 59,350,230 shares. The stock had previously closed at $10.03.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Royal Bank of Canada restated a “sector perform” rating and set a $10.00 price target on shares of Ford Motor in a report on Tuesday, October 29th. Sanford C. Bernstein downgraded shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target for the company. in a report on Thursday, November 7th. Morgan Stanley downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price target for the stock from $16.00 to $12.00 in a report on Wednesday, September 25th. Finally, Barclays downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price target for the stock from $13.00 to $11.00 in a report on Wednesday. Four research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Ford Motor currently has an average rating of “Hold” and a consensus target price of $11.67.

Ford Motor Price Performance

The stock’s fifty day moving average price is $10.33 and its two-hundred day moving average price is $10.87. The firm has a market capitalization of $40.32 billion, a price-to-earnings ratio of 11.53, a price-to-earnings-growth ratio of 2.01 and a beta of 1.64. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, beating 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 for the quarter, compared to analyst estimates of $45.13 billion. During the same period last year, the business earned $0.39 EPS. The company’s revenue was up 5.5% on a year-over-year basis. Equities research analysts expect that Ford Motor will post 1.77 EPS for the current year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were issued a $0.15 dividend. The ex-dividend date was Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.91%. Ford Motor’s payout ratio is 68.18%.

Institutional Investors Weigh In On Ford Motor

Several hedge funds and other institutional investors have recently bought and sold shares of F. Charles Schwab Investment Management Inc. increased its stake in Ford Motor by 4.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 122,609,058 shares of the auto manufacturer’s stock valued at $1,294,752,000 after purchasing an additional 5,270,562 shares during the period. Geode Capital Management LLC increased its stake in Ford Motor by 1.7% in the third quarter. Geode Capital Management LLC now owns 81,989,157 shares of the auto manufacturer’s stock valued at $863,009,000 after purchasing an additional 1,336,676 shares during the period. Legal & General Group Plc increased its stake in Ford Motor by 1.0% in the second quarter. Legal & General Group Plc now owns 31,823,353 shares of the auto manufacturer’s stock valued at $399,066,000 after purchasing an additional 318,715 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Ford Motor by 2.7% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 24,347,303 shares of the auto manufacturer’s stock valued at $257,108,000 after purchasing an additional 636,330 shares during the period. Finally, Jacobs Levy Equity Management Inc. increased its stake in Ford Motor by 112.8% in the third quarter. Jacobs Levy Equity Management Inc. now owns 11,976,950 shares of the auto manufacturer’s stock valued at $126,477,000 after purchasing an additional 6,348,185 shares during the period. 58.74% of the stock is currently owned by institutional investors and hedge funds.

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.