Ford Motor (NYSE:F) Shares Up 0.2% – Should You Buy?

Shares of Ford Motor (NYSE:F) were up 0.2% during mid-day trading on Tuesday . The company traded as high as $10.03 and last traded at $10.01. Approximately 20,790,120 shares changed hands during trading, a decline of 61% from the average daily volume of 53,823,371 shares. The stock had previously closed at $9.99.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on F shares. Royal Bank of Canada reissued a “sector perform” rating and set a $10.00 price target on shares of Ford Motor in a research report on Tuesday, October 29th. Sanford C. Bernstein downgraded Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price for the company. in a research report on Thursday, November 7th. Jefferies Financial Group downgraded Ford Motor from a “hold” rating to an “underperform” rating and decreased their target price for the stock from $12.00 to $9.00 in a research report on Monday. Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research report on Wednesday, October 30th. Four analysts have rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, Ford Motor currently has a consensus rating of “Hold” and a consensus price target of $11.83.

Ford Motor Price Performance

The stock has a market cap of $39.46 billion, a PE ratio of 11.38, a P/E/G ratio of 1.90 and a beta of 1.62. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. The business has a fifty day moving average of $10.84 and a 200 day moving average of $11.30.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.02. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The firm had revenue of $46.20 billion for the quarter, compared to analysts’ expectations of $45.13 billion. During the same quarter in the prior year, the firm posted $0.39 earnings per share. Ford Motor’s revenue for the quarter was up 5.5% compared to the same quarter last year. Sell-side analysts anticipate that Ford Motor will post 1.81 earnings per share for the current year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 6.04%. The ex-dividend date was Thursday, November 7th. Ford Motor’s payout ratio is currently 68.18%.

Institutional Trading of Ford Motor

Institutional investors and hedge funds have recently bought and sold shares of the company. Blue Trust Inc. raised its position in shares of Ford Motor by 26.8% during the 2nd quarter. Blue Trust Inc. now owns 15,758 shares of the auto manufacturer’s stock worth $209,000 after purchasing an additional 3,335 shares during the period. First Horizon Advisors Inc. raised its position in shares of Ford Motor by 73.3% during the 2nd quarter. First Horizon Advisors Inc. now owns 16,638 shares of the auto manufacturer’s stock worth $209,000 after purchasing an additional 7,038 shares during the period. Dakota Wealth Management raised its position in shares of Ford Motor by 18.2% during the 2nd quarter. Dakota Wealth Management now owns 25,573 shares of the auto manufacturer’s stock worth $321,000 after purchasing an additional 3,943 shares during the period. Pallas Capital Advisors LLC raised its position in shares of Ford Motor by 2.9% during the 2nd quarter. Pallas Capital Advisors LLC now owns 29,850 shares of the auto manufacturer’s stock worth $374,000 after purchasing an additional 846 shares during the period. Finally, Carnegie Investment Counsel grew its holdings in Ford Motor by 5.7% in the 2nd quarter. Carnegie Investment Counsel now owns 21,001 shares of the auto manufacturer’s stock worth $263,000 after buying an additional 1,125 shares in the last quarter. Institutional investors and hedge funds 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.