Ford Motor (NYSE:F) Stock Price Up 1.6% – Still a Buy?

Ford Motor (NYSE:F)’s share price was up 1.6% on Monday . The company traded as high as $9.93 and last traded at $9.89. Approximately 28,597,085 shares were traded during mid-day trading, a decline of 68% from the average daily volume of 90,698,578 shares. The stock had previously closed at $9.73.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on F shares. TD Cowen assumed coverage on Ford Motor in a research report on Friday, March 7th. They set a “hold” rating and a $10.00 price target for the company. Bank of America dropped their price target on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a research note on Thursday, February 6th. Wells Fargo & Company dropped their price objective on Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a report on Thursday, February 6th. Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Finally, Evercore ISI lowered their target price on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating on the stock in a research report on Monday, February 10th. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $11.68.

Ford Motor Stock Up 2.3 %

The firm has a 50-day moving average of $9.71 and a two-hundred day moving average of $10.33. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The stock has a market capitalization of $39.46 billion, a price-to-earnings ratio of 6.82, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. As a group, sell-side analysts anticipate that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 annualized dividend and a dividend yield of 6.03%. Ford Motor’s dividend payout ratio is presently 41.10%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of F. Franklin Resources Inc. increased its stake in Ford Motor by 29.8% during the 3rd quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer’s stock worth $15,998,000 after purchasing an additional 336,720 shares in the last quarter. NCP Inc. raised its holdings in shares of Ford Motor by 62.0% during the fourth quarter. NCP Inc. now owns 74,520 shares of the auto manufacturer’s stock worth $738,000 after acquiring an additional 28,528 shares during the period. Principal Financial Group Inc. boosted its stake in Ford Motor by 3.8% in the 3rd quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer’s stock worth $46,408,000 after purchasing an additional 160,409 shares during the period. Worldquant Millennium Advisors LLC bought a new position in Ford Motor during the 3rd quarter worth about $55,456,000. Finally, Alberta Investment Management Corp raised its stake in shares of Ford Motor by 87.1% in the 4th quarter. Alberta Investment Management Corp now owns 196,100 shares of the auto manufacturer’s stock valued at $1,941,000 after purchasing an additional 91,300 shares during the period. 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.