Ford Motor (NYSE:F) Trading 2.1% Higher - Still a Buy?

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

Wall Street Analyst Weigh In

A number of brokerages have weighed in on F. Evercore ISI raised shares of Ford Motor to a "hold" rating in a research note on Friday, July 26th. Barclays cut their price target 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. Wells Fargo & Company cut their price objective on shares of Ford Motor from $10.00 to $9.00 and set an "underweight" rating on the stock in a report on Tuesday, September 10th. Morgan Stanley downgraded Ford Motor from an "overweight" rating to an "equal weight" rating and dropped their price objective for the company from $16.00 to $12.00 in a report on Wednesday, September 25th. Finally, StockNews.com raised shares of Ford Motor from a "sell" rating to a "hold" rating in a research note on Friday, August 2nd. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $12.02.

Ford Motor Stock Up 2.7 %

The stock has a 50 day moving average price of $10.77 and a 200 day moving average price of $11.55. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. The stock has a market capitalization of $44.79 billion, a price-to-earnings ratio of 12.73, a price-to-earnings-growth ratio of 1.99 and a beta of 1.62.

Ford Motor (NYSE:F - Get Free Report) last announced its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.02. The business had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. Ford Motor's revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period last year, the company earned $0.39 EPS. As a group, analysts forecast that Ford Motor will post 1.82 EPS for the current year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 7th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 5.32%. The ex-dividend date is Thursday, November 7th. Ford Motor's dividend payout ratio is presently 68.18%.

Institutional Trading of Ford Motor

Several hedge funds have recently bought and sold shares of the business. Landscape Capital Management L.L.C. bought a new stake in Ford Motor during the third quarter worth $423,000. Steele Capital Management Inc. increased its stake in Ford Motor by 28.3% in the 3rd quarter. Steele Capital Management Inc. now owns 22,375 shares of the auto manufacturer's stock valued at $236,000 after buying an additional 4,936 shares during the last quarter. Cornerstone Advisors LLC lifted its position in shares of Ford Motor by 2.1% during the 3rd quarter. Cornerstone Advisors LLC now owns 59,600 shares of the auto manufacturer's stock worth $629,000 after buying an additional 1,200 shares in the last quarter. Advisors Asset Management Inc. grew its holdings in shares of Ford Motor by 8.4% in the third quarter. Advisors Asset Management Inc. now owns 291,634 shares of the auto manufacturer's stock valued at $3,080,000 after acquiring an additional 22,704 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new stake in Ford Motor during the third quarter worth $186,000. Institutional investors and hedge funds 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.

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