Ford Motor (NYSE:F) Shares Up 0.9% – Time to Buy?

Ford Motor (NYSE:F)’s share price traded up 0.9% on Wednesday . The company traded as high as $10.05 and last traded at $10.04. 19,974,986 shares were traded during trading, a decline of 67% from the average session volume of 60,560,143 shares. The stock had previously closed at $9.95.

Analyst Ratings Changes

F has been the topic of several research reports. Barclays lowered Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $13.00 to $11.00 in a research report on Wednesday, January 22nd. Bank of America decreased their price target on Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a report on Thursday, February 6th. Evercore ISI reduced their target price on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating on the stock in a research report on Monday, February 10th. Piper Sandler lowered their price target on shares of Ford Motor from $13.00 to $9.00 and set a “neutral” rating for the company in a report on Thursday. Finally, Jefferies Financial Group lowered shares of Ford Motor from a “hold” rating to an “underperform” rating and cut their price objective for the stock from $12.00 to $9.00 in a report on Monday, December 16th. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $11.50.

Ford Motor Stock Down 1.0 %

The stock has a fifty day moving average price of $9.73 and a two-hundred day moving average price of $10.31. The firm has a market capitalization of $39.29 billion, a P/E ratio of 6.80, a P/E/G ratio of 0.61 and a beta of 1.59. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16.

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

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a yield of 6.05%. Ford Motor’s payout ratio is currently 41.10%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in F. Franklin Resources Inc. boosted its stake in Ford Motor by 29.8% during the 3rd quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer’s stock valued at $15,998,000 after purchasing an additional 336,720 shares during the period. NCP Inc. boosted its position in shares of Ford Motor by 62.0% during the fourth quarter. NCP Inc. now owns 74,520 shares of the auto manufacturer’s stock worth $738,000 after buying an additional 28,528 shares during the period. Principal Financial Group Inc. boosted its position in shares of Ford Motor by 3.8% during the third quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer’s stock worth $46,408,000 after buying an additional 160,409 shares during the period. Worldquant Millennium Advisors LLC bought a new position in Ford Motor in the 3rd quarter worth approximately $55,456,000. Finally, Alberta Investment Management Corp increased its position in Ford Motor by 87.1% in the 4th quarter. Alberta Investment Management Corp now owns 196,100 shares of the auto manufacturer’s stock valued at $1,941,000 after acquiring an additional 91,300 shares during the period. Institutional investors and hedge funds 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.