Ford Motor (NYSE:F) Trading 0.6% Higher – Time to Buy?

Shares of Ford Motor (NYSE:F) shot up 0.6% during trading on Thursday . The stock traded as high as $9.53 and last traded at $9.53. 22,522,278 shares were traded during mid-day trading, a decline of 70% from the average session volume of 74,150,336 shares. The stock had previously closed at $9.47.

Analyst Upgrades and Downgrades

F has been the subject of several research analyst reports. BNP Paribas raised shares of Ford Motor to a “hold” rating in a research note on Monday, February 10th. Royal Bank of Canada cut 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. Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Wells Fargo & Company dropped their price target on Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a research note on Thursday, February 6th. Finally, Barclays downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Ford Motor has an average rating of “Hold” and an average price target of $11.89.

Ford Motor Trading Down 1.8 %

The company’s 50 day simple moving average is $9.78 and its 200-day simple moving average is $10.42. The firm has a market cap of $36.84 billion, a P/E ratio of 6.37, a P/E/G ratio of 0.61 and a beta of 1.63. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31.

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

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 6.46%. The ex-dividend date is Tuesday, February 18th. Ford Motor’s dividend payout ratio is presently 41.10%.

Institutional Trading of Ford Motor

Institutional investors and hedge funds have recently modified their holdings of the stock. Hager Investment Management Services LLC bought a new stake in Ford Motor during the fourth quarter valued at about $26,000. Bank of Jackson Hole Trust purchased a new position in shares of Ford Motor in the 4th quarter worth approximately $29,000. Flagship Wealth Advisors LLC bought a new position in shares of Ford Motor during the 4th quarter worth approximately $30,000. Reston Wealth Management LLC purchased a new stake in Ford Motor during the third quarter valued at approximately $33,000. Finally, Spurstone Advisory Services LLC acquired a new stake in Ford Motor in the fourth quarter valued at approximately $31,000. 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.