Ford Motor (NYSE:F) Trading Up 1.5% – Time to Buy?

Ford Motor (NYSE:F) shares were up 1.5% during trading on Thursday . The company traded as high as $9.41 and last traded at $9.37. Approximately 24,095,253 shares traded hands during mid-day trading, a decline of 69% from the average daily volume of 77,038,133 shares. The stock had previously closed at $9.23.

Analysts Set New Price Targets

A number of research firms have issued reports on F. Deutsche Bank Aktiengesellschaft lowered their target price on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a report on Wednesday, October 30th. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Evercore ISI cut their target price on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a research note on Monday. Wells Fargo & Company cut their target price on shares of 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, Sanford C. Bernstein cut shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target on the stock. in a report on Thursday, November 7th. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $11.89.

Ford Motor Trading Up 1.1 %

The company has a quick ratio of 0.98, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The firm’s 50-day moving average price is $9.97 and its 200 day moving average price is $10.49. The company has a market capitalization of $37.10 billion, a P/E ratio of 6.39, a P/E/G ratio of 1.80 and a beta of 1.63.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, topping the consensus estimate 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 1.7 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 6.43%. The ex-dividend date is Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is presently 41.10%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of F. Hager Investment Management Services LLC bought a new stake in shares of Ford Motor during the 4th quarter worth $26,000. Bank of Jackson Hole Trust bought a new stake in shares of Ford Motor during the 4th quarter worth $29,000. Flagship Wealth Advisors LLC bought a new stake in shares of Ford Motor during the 4th quarter worth $30,000. Kentucky Trust Co bought a new stake in shares of Ford Motor during the 4th quarter worth $31,000. Finally, Reston Wealth Management LLC bought a new stake in shares of Ford Motor during the 3rd quarter worth $33,000. 58.74% of the stock is 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.