Ford Motor (NYSE:F) Stock Price Up 0.7% – Time to Buy?

Ford Motor (NYSE:F) shares rose 0.7% during trading on Wednesday . The company traded as high as $10.32 and last traded at $10.24. Approximately 25,890,836 shares were traded during mid-day trading, a decline of 62% from the average daily volume of 67,536,836 shares. The stock had previously closed at $10.16.

Analyst Ratings Changes

A number of brokerages have weighed in on F. Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Barclays cut Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their price objective for the company from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Sanford C. Bernstein cut shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target on the stock. in a research note on Thursday, November 7th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a report on Wednesday, October 30th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and set a $10.00 price target on shares of Ford Motor in a report on Tuesday, October 29th. Three equities 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 stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $11.82.

Ford Motor Stock Up 0.7 %

The firm has a market capitalization of $40.68 billion, a PE ratio of 11.63, a PEG ratio of 1.96 and a beta of 1.63. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. The company has a fifty day simple moving average of $10.16 and a two-hundred day simple moving average of $10.62.

Institutional Trading of Ford Motor

A number of institutional investors have recently modified their holdings of F. Meridian Financial Partners LLC raised its position in shares of Ford Motor by 1.1% in the 3rd quarter. Meridian Financial Partners LLC now owns 85,471 shares of the auto manufacturer’s stock valued at $903,000 after purchasing an additional 953 shares during the last quarter. Apollon Wealth Management LLC raised its stake in Ford Motor by 1.1% in the 3rd quarter. Apollon Wealth Management LLC now owns 92,950 shares of the auto manufacturer’s stock worth $982,000 after acquiring an additional 969 shares during the last quarter. Pure Financial Advisors LLC lifted its position in Ford Motor by 6.6% during the 3rd quarter. Pure Financial Advisors LLC now owns 16,096 shares of the auto manufacturer’s stock worth $170,000 after acquiring an additional 990 shares during the period. PBMares Wealth Management LLC lifted its holdings in shares of Ford Motor by 9.0% during the third quarter. PBMares Wealth Management LLC now owns 11,976 shares of the auto manufacturer’s stock worth $126,000 after purchasing an additional 991 shares during the period. Finally, Pointe Capital Management LLC boosted its holdings in shares of Ford Motor by 4.8% in the 3rd quarter. Pointe Capital Management LLC now owns 21,821 shares of the auto manufacturer’s stock valued at $230,000 after acquiring an additional 1,000 shares during the last quarter. 58.74% of the stock is currently owned by institutional investors.

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.