Ford Motor (NYSE:F) Trading Up 1% – Still a Buy?

Ford Motor Company (NYSE:F) shot up 1% during trading on Wednesday . The stock traded as high as $13.14 and last traded at $13.0950. 45,189,771 shares changed hands during trading, a decline of 52% from the average session volume of 95,114,891 shares. The stock had previously closed at $12.96.

Wall Street Analyst Weigh In

A number of research firms have weighed in on F. The Goldman Sachs Group raised their price target on Ford Motor from $11.00 to $12.00 and gave the company a “neutral” rating in a research note on Monday, September 29th. Jefferies Financial Group raised shares of Ford Motor from an “underperform” rating to a “hold” rating and raised their target price for the company from $9.00 to $12.00 in a research note on Monday, October 6th. Royal Bank Of Canada upped their price target on shares of Ford Motor from $11.00 to $12.00 and gave the stock a “sector perform” rating in a research report on Friday, October 24th. Evercore ISI lifted their price objective on shares of Ford Motor from $10.00 to $12.00 and gave the company an “in-line” rating in a research report on Monday, November 24th. Finally, Barclays upped their target price on shares of Ford Motor from $11.00 to $12.00 and gave the company an “equal weight” rating in a report on Monday, October 27th. Three research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $11.88.

Ford Motor Stock Performance

The firm has a market cap of $51.92 billion, a price-to-earnings ratio of 11.23 and a beta of 1.60. The company has a current ratio of 1.12, a quick ratio of 0.98 and a debt-to-equity ratio of 2.20. The stock’s 50 day moving average is $12.70 and its 200 day moving average is $11.70.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Thursday, October 23rd. The auto manufacturer reported $0.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.38 by $0.07. The company had revenue of $50.53 billion during the quarter, compared to analysts’ expectations of $43.08 billion. Ford Motor had a return on equity of 11.94% and a net margin of 2.48%.The business’s revenue was up 9.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.49 earnings per share. Analysts anticipate that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Friday, November 7th were paid a $0.15 dividend. The ex-dividend date was Friday, November 7th. This represents a $0.60 annualized dividend and a dividend yield of 4.6%. Ford Motor’s dividend payout ratio is 51.72%.

Institutional Trading of Ford Motor

A number of institutional investors have recently bought and sold shares of F. Cary Street Partners Investment Advisory LLC increased its stake in shares of Ford Motor by 16.5% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 5,470 shares of the auto manufacturer’s stock valued at $65,000 after acquiring an additional 776 shares during the last quarter. Capital Investment Advisors LLC grew its holdings in Ford Motor by 1.3% during the third quarter. Capital Investment Advisors LLC now owns 64,112 shares of the auto manufacturer’s stock valued at $767,000 after purchasing an additional 824 shares during the period. Silverlake Wealth Management LLC increased its stake in Ford Motor by 1.7% in the third quarter. Silverlake Wealth Management LLC now owns 48,085 shares of the auto manufacturer’s stock valued at $575,000 after purchasing an additional 827 shares in the last quarter. L2 Asset Management LLC raised its holdings in Ford Motor by 4.7% in the third quarter. L2 Asset Management LLC now owns 18,317 shares of the auto manufacturer’s stock worth $219,000 after purchasing an additional 827 shares during the period. Finally, Searle & CO. boosted its position in shares of Ford Motor by 2.1% during the third quarter. Searle & CO. now owns 40,833 shares of the auto manufacturer’s stock worth $488,000 after purchasing an additional 833 shares in the last quarter. Institutional investors own 58.74% of the company’s stock.

Ford Motor Company Profile

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.