Ford Motor (NYSE:F) Trading Up 0.6% – Still a Buy?

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

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on F shares. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Royal Bank of Canada reduced their price target on shares of 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. Bank of America dropped their price objective on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a research note on Thursday, February 6th. BNP Paribas raised shares of Ford Motor to a “hold” rating in a research note on Monday, February 10th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research note on Friday, February 7th. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $11.89.

Ford Motor Trading Up 2.7 %

The company has a market cap of $37.83 billion, a P/E ratio of 6.54, a P/E/G ratio of 0.61 and a beta of 1.63. The stock’s 50-day moving average is $9.77 and its two-hundred day moving average is $10.41. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02.

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

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a yield of 6.29%. Ford Motor’s dividend payout ratio (DPR) is 41.10%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Apollon Wealth Management LLC grew its position in shares of Ford Motor by 1.1% in the 3rd quarter. Apollon Wealth Management LLC now owns 92,950 shares of the auto manufacturer’s stock worth $982,000 after buying an additional 969 shares during the last quarter. Pure Financial Advisors LLC grew its position in shares of Ford Motor by 6.6% in the 3rd quarter. Pure Financial Advisors LLC now owns 16,096 shares of the auto manufacturer’s stock worth $170,000 after buying an additional 990 shares during the last quarter. Albion Financial Group UT grew its position in shares of Ford Motor by 38.5% in the 4th quarter. Albion Financial Group UT now owns 3,600 shares of the auto manufacturer’s stock worth $36,000 after buying an additional 1,000 shares during the last quarter. Brighton Jones LLC grew its position in shares of Ford Motor by 5.4% in the 4th quarter. Brighton Jones LLC now owns 19,693 shares of the auto manufacturer’s stock worth $195,000 after buying an additional 1,001 shares during the last quarter. Finally, Angeles Wealth Management LLC grew its position in shares of Ford Motor by 1.3% in the 4th quarter. Angeles Wealth Management LLC now owns 80,728 shares of the auto manufacturer’s stock worth $799,000 after buying an additional 1,024 shares during the last quarter. 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.