Ford Motor (NYSE:F) Stock Price Up 2% – Time to Buy?

Ford Motor (NYSE:F) shares were up 2% on Friday . The stock traded as high as $9.79 and last traded at $9.72. Approximately 30,910,404 shares changed hands during mid-day trading, a decline of 66% from the average daily volume of 90,672,883 shares. The stock had previously closed at $9.53.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on F shares. 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. TD Cowen started coverage on shares of Ford Motor in a research report on Friday, March 7th. They set a “hold” rating and a $10.00 price objective on the stock. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Bank of America cut 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 report on Thursday, February 6th. Finally, BNP Paribas upgraded shares of Ford Motor to a “hold” rating in a research report on Monday, February 10th. Three investment 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. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $11.68.

Ford Motor Trading Up 2.0 %

The stock’s 50 day moving average is $9.71 and its two-hundred day moving average is $10.33. The company has a market capitalization of $38.54 billion, a PE ratio of 6.66, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59. 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 released its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, topping 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, sell-side analysts predict that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 6.17%. The ex-dividend date was Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is presently 41.10%.

Hedge Funds Weigh In On Ford Motor

A number of large investors have recently added to or reduced their stakes in F. Apollon Wealth Management LLC raised its holdings in Ford Motor by 1.1% in the third quarter. Apollon Wealth Management LLC now owns 92,950 shares of the auto manufacturer’s stock worth $982,000 after purchasing an additional 969 shares in the last quarter. GSA Capital Partners LLP increased its holdings in shares of Ford Motor by 20.8% during the third quarter. GSA Capital Partners LLP now owns 91,278 shares of the auto manufacturer’s stock valued at $964,000 after acquiring an additional 15,729 shares in the last quarter. MQS Management LLC acquired a new position in shares of Ford Motor during the third quarter valued at about $191,000. Metis Global Partners LLC increased its holdings in shares of Ford Motor by 1.8% during the third quarter. Metis Global Partners LLC now owns 125,093 shares of the auto manufacturer’s stock valued at $1,321,000 after acquiring an additional 2,239 shares in the last quarter. Finally, Tokio Marine Asset Management Co. Ltd. increased its holdings in shares of Ford Motor by 7.3% during the third quarter. Tokio Marine Asset Management Co. Ltd. now owns 113,891 shares of the auto manufacturer’s stock valued at $1,203,000 after acquiring an additional 7,719 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors.

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.