Ford Motor (NYSE:F) Stock Price Up 2.1% – Should You Buy?

Shares of Ford Motor (NYSE:F) traded up 2.1% during trading on Monday . The company traded as high as $11.22 and last traded at $11.20. 12,148,066 shares changed hands during trading, a decline of 77% from the average session volume of 53,716,617 shares. The stock had previously closed at $10.97.

Analyst Upgrades and Downgrades

F has been the topic of a number of research analyst reports. Evercore ISI raised Ford Motor to a “hold” rating in a research note on Friday, July 26th. Wolfe Research initiated coverage on shares of Ford Motor in a report on Thursday, September 5th. They set a “peer perform” rating for the company. Wells Fargo & Company decreased their price target on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a research note on Tuesday, September 10th. The Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and upped their price objective for the company from $12.00 to $13.00 in a research note on Tuesday, October 1st. Finally, Morgan Stanley lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $16.00 to $12.00 in a research note on Wednesday, September 25th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $12.02.

Ford Motor Stock Up 0.0 %

The business has a 50-day simple moving average of $10.77 and a 200-day simple moving average of $11.53. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. The company has a market cap of $44.13 billion, a price-to-earnings ratio of 12.61, a price-to-earnings-growth ratio of 2.01 and a beta of 1.62.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The company had revenue of $46.20 billion during the quarter, compared to the consensus estimate of $45.13 billion. During the same quarter in the previous year, the firm earned $0.39 earnings per share. The firm’s quarterly revenue was up 5.5% on a year-over-year basis. On average, equities analysts anticipate that Ford Motor will post 1.82 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.40%. The ex-dividend date of this dividend is Thursday, November 7th. Ford Motor’s dividend payout ratio is presently 68.18%.

Hedge Funds Weigh In On Ford Motor

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Charles Schwab Investment Management Inc. boosted its holdings in shares of Ford Motor by 4.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 122,609,058 shares of the auto manufacturer’s stock valued at $1,294,752,000 after acquiring an additional 5,270,562 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of Ford Motor by 27.4% during the second quarter. Dimensional Fund Advisors LP now owns 36,190,972 shares of the auto manufacturer’s stock worth $453,732,000 after buying an additional 7,793,944 shares during the period. Legal & General Group Plc grew its holdings in shares of Ford Motor by 1.0% during the second quarter. Legal & General Group Plc now owns 31,823,353 shares of the auto manufacturer’s stock worth $399,066,000 after buying an additional 318,715 shares during the last quarter. LSV Asset Management raised its stake in Ford Motor by 1.6% during the 2nd quarter. LSV Asset Management now owns 20,115,487 shares of the auto manufacturer’s stock valued at $252,248,000 after acquiring an additional 312,496 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. lifted its position in Ford Motor by 11.0% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 12,290,204 shares of the auto manufacturer’s stock worth $163,214,000 after acquiring an additional 1,214,640 shares during the period. 58.74% of the stock is owned by institutional investors and hedge funds.

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.