Ford Motor (NYSE:F) Shares Up 1.3% – Should You Buy?

Ford Motor (NYSE:F)’s stock price shot up 1.3% during mid-day trading on Monday . The company traded as high as $9.51 and last traded at $9.48. 53,503,079 shares were traded during trading, a decline of 31% from the average session volume of 77,278,144 shares. The stock had previously closed at $9.35.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on F. Barclays lowered Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price objective for the company from $13.00 to $11.00 in a research report on Wednesday, January 22nd. Royal Bank of Canada reduced their price objective on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating for the company in a research report on Thursday, February 6th. JPMorgan Chase & Co. cut their target price on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research note on Friday, February 7th. Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Finally, Wells Fargo & Company cut their target price on Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a research note on Thursday, February 6th. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $11.89.

Ford Motor Stock Up 0.6 %

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 stock has a 50 day moving average price of $9.88 and a 200 day moving average price of $10.45. The company has a market cap of $37.04 billion, a P/E ratio of 6.40, a P/E/G ratio of 0.61 and a beta of 1.63.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, topping 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%. Research analysts expect that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.42%. The ex-dividend date is Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is presently 41.10%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of F. Vanguard Group Inc. grew its stake in Ford Motor by 16.6% in the fourth quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer’s stock valued at $3,980,630,000 after purchasing an additional 57,182,803 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in Ford Motor by 5.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer’s stock valued at $1,278,153,000 after purchasing an additional 6,497,321 shares in the last quarter. Geode Capital Management LLC grew its stake in Ford Motor by 2.5% in the fourth quarter. Geode Capital Management LLC now owns 84,078,284 shares of the auto manufacturer’s stock valued at $830,662,000 after purchasing an additional 2,089,127 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Ford Motor by 11.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 46,508,882 shares of the auto manufacturer’s stock valued at $460,444,000 after purchasing an additional 4,925,993 shares in the last quarter. Finally, Norges Bank purchased a new position in Ford Motor in the fourth quarter valued at about $387,282,000. Hedge funds and other 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.