Ford Motor (NYSE:F) Trading Up 1.7% - Still a Buy?

Ford Motor (NYSE:F - Get Free Report)'s stock price was up 1.7% on Wednesday . The stock traded as high as $10.00 and last traded at $9.95. Approximately 20,613,479 shares changed hands during trading, a decline of 65% from the average daily volume of 59,417,668 shares. The stock had previously closed at $9.78.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on F shares. The Goldman Sachs Group raised shares of Ford Motor from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $12.00 to $13.00 in a research report on Tuesday, October 1st. Barclays dropped their price objective on Ford Motor from $14.00 to $13.00 and set an "overweight" rating on the stock in a research note on Tuesday, October 29th. Royal Bank of Canada restated a "sector perform" rating and set a $10.00 price objective on shares of Ford Motor in a report on Tuesday, October 29th. 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. Finally, Sanford C. Bernstein lowered Ford Motor from an "outperform" rating to a "market perform" rating and set a $11.00 price target on the stock. in a research note on Thursday, November 7th. Four investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $11.83.

Ford Motor Stock Performance

The company has a market cap of $39.58 billion, a PE ratio of 11.32, a PEG ratio of 1.89 and a beta of 1.64. 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 firm's 50 day moving average is $10.44 and its 200-day moving average is $10.97.

Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, topping analysts' consensus estimates of $0.47 by $0.02. The firm had revenue of $46.20 billion for the quarter, compared to the consensus estimate of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The firm's revenue was up 5.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.39 earnings per share. On average, research analysts anticipate that Ford Motor will post 1.81 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 7th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.02%. The ex-dividend date of this dividend was Thursday, November 7th. Ford Motor's dividend payout ratio is currently 68.18%.

Institutional Trading of Ford Motor

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Charles Schwab Investment Management Inc. boosted its stake in 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 worth $1,294,752,000 after buying an additional 5,270,562 shares during the period. Geode Capital Management LLC boosted its position in shares of 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 purchasing an additional 1,336,676 shares during the period. Dimensional Fund Advisors LP increased its holdings in Ford Motor by 27.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 36,190,972 shares of the auto manufacturer's stock valued at $453,732,000 after purchasing an additional 7,793,944 shares during the last quarter. Legal & General Group Plc raised its position in Ford Motor by 1.0% in the second quarter. Legal & General Group Plc now owns 31,823,353 shares of the auto manufacturer's stock valued at $399,066,000 after purchasing an additional 318,715 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Ford Motor by 2.7% during the third 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 worth $257,108,000 after purchasing an additional 636,330 shares in the last quarter. Institutional investors and hedge funds 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.