Ford Motor (NYSE:F) Trading 0.8% Higher – Time to Buy?

Ford Motor (NYSE:F)’s share price traded up 0.8% during trading on Tuesday . The company traded as high as $10.01 and last traded at $9.96. 13,001,422 shares traded hands during mid-day trading, a decline of 76% from the average session volume of 54,043,027 shares. The stock had previously closed at $9.88.

Analyst Upgrades and Downgrades

F has been the subject of several analyst reports. Morgan Stanley downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price objective for the company from $16.00 to $12.00 in a research note on Wednesday, September 25th. Barclays lowered their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 29th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research report on Wednesday, October 30th. Sanford C. Bernstein downgraded shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price on the stock. in a report on Thursday, November 7th. Finally, Royal Bank of Canada restated a “sector perform” rating and issued a $10.00 price objective on shares of Ford Motor in a research report on Tuesday, October 29th. Four equities research analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $11.83.

Ford Motor Price Performance

The company has a market capitalization of $39.15 billion, a price-to-earnings ratio of 11.19, a P/E/G ratio of 1.90 and a beta of 1.62. The company has a fifty day simple moving average of $10.65 and a two-hundred day simple moving average of $11.14. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, topping the consensus estimate of $0.47 by $0.02. The firm had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. Ford Motor’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.39 earnings per share. As a group, research analysts anticipate that Ford Motor will post 1.81 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 7th were issued a $0.15 dividend. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.60 annualized dividend and a yield of 6.09%. Ford Motor’s payout ratio is 68.18%.

Institutional Trading of Ford Motor

A number of institutional investors have recently added to or reduced their stakes in the business. Charles Schwab Investment Management Inc. raised its stake in shares of Ford Motor by 4.5% during 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 purchasing an additional 5,270,562 shares during the period. Geode Capital Management LLC increased its stake in Ford Motor by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 81,989,157 shares of the auto manufacturer’s stock worth $863,009,000 after buying an additional 1,336,676 shares during the period. Dimensional Fund Advisors LP increased its stake in Ford Motor by 27.4% during the 2nd 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 boosted its position in Ford Motor by 1.0% in the 2nd quarter. Legal & General Group Plc now owns 31,823,353 shares of the auto manufacturer’s stock valued at $399,066,000 after buying an additional 318,715 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Ford Motor by 2.7% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 24,347,303 shares of the auto manufacturer’s stock valued at $257,108,000 after buying an additional 636,330 shares during the last quarter. 58.74% of the stock is owned by hedge funds and other 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.