Ford Motor (NYSE:F) Shares Up 1.6% – Time to Buy?

Ford Motor (NYSE:F)’s share price traded up 1.6% during mid-day trading on Monday . The company traded as high as $9.93 and last traded at $9.89. 28,597,085 shares were traded during mid-day trading, a decline of 68% from the average session volume of 90,698,578 shares. The stock had previously closed at $9.73.

Analyst Ratings Changes

Several brokerages have recently commented on F. Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Barclays lowered Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their price objective for the stock from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Evercore ISI cut their target price on Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a research report on Monday, February 10th. Royal Bank of Canada decreased their price target on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 6th. Finally, Bank of America cut their price objective on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a research report on Thursday, February 6th. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, Ford Motor presently has a consensus rating of “Hold” and an average price target of $11.68.

Ford Motor Stock Performance

The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The firm has a market cap of $39.42 billion, a P/E ratio of 6.81, a P/E/G ratio of 0.61 and a beta of 1.59. The company’s 50 day moving average is $9.71 and its 200 day moving average is $10.31.

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

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 6.03%. The ex-dividend date was Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is currently 41.10%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in F. Albion Financial Group UT increased its position in Ford Motor by 38.5% in the 4th quarter. Albion Financial Group UT now owns 3,600 shares of the auto manufacturer’s stock valued at $36,000 after acquiring an additional 1,000 shares during the period. Brighton Jones LLC grew its stake in shares of Ford Motor by 5.4% in the fourth quarter. Brighton Jones LLC now owns 19,693 shares of the auto manufacturer’s stock worth $195,000 after purchasing an additional 1,001 shares during the last quarter. Angeles Wealth Management LLC increased its holdings in Ford Motor by 1.3% in the fourth quarter. Angeles Wealth Management LLC now owns 80,728 shares of the auto manufacturer’s stock valued at $799,000 after purchasing an additional 1,024 shares during the period. Atlas Brown Inc. raised its position in Ford Motor by 1.7% during the 4th quarter. Atlas Brown Inc. now owns 63,323 shares of the auto manufacturer’s stock worth $627,000 after purchasing an additional 1,047 shares during the last quarter. Finally, Cornerstone Wealth Group LLC lifted its holdings in Ford Motor by 10.6% during the 4th quarter. Cornerstone Wealth Group LLC now owns 11,429 shares of the auto manufacturer’s stock worth $113,000 after buying an additional 1,098 shares during the period. Institutional investors 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.