Ford Motor (NYSE:F) Shares Up 0.4% - Should You Buy?

Ford Motor (NYSE:F - Get Free Report) was up 0.4% during mid-day trading on Thursday . The stock traded as high as $9.95 and last traded at $9.73. Approximately 17,977,241 shares changed hands during mid-day trading, a decline of 67% from the average daily volume of 54,028,551 shares. The stock had previously closed at $9.69.

Wall Street Analysts Forecast Growth

F has been the topic of a number of recent analyst reports. Barclays reduced their target price 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. The Goldman Sachs Group raised shares of Ford Motor from a "neutral" rating to a "buy" rating and raised their price target for the stock from $12.00 to $13.00 in a research note on Tuesday, October 1st. Wolfe Research reissued an "underperform" rating on shares of Ford Motor in a research report on Thursday, December 5th. Sanford C. Bernstein lowered 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 research report on Thursday, November 7th. Finally, Wells Fargo & Company lowered their price target on Ford Motor from $10.00 to $9.00 and set an "underweight" rating for the company in a report on Tuesday, September 10th. Four investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $11.83.

Ford Motor Stock Performance

The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. The firm has a market cap of $38.71 billion, a price-to-earnings ratio of 11.07, a P/E/G ratio of 1.90 and a beta of 1.62. The firm has a fifty day simple moving average of $10.79 and a two-hundred day simple moving average of $11.26.

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

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Shareholders 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 dividend on an annualized basis and a yield of 6.16%. Ford Motor's payout ratio is 68.18%.

Hedge Funds Weigh In On Ford Motor

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Worldquant Millennium Advisors LLC acquired a new stake in shares of Ford Motor in the 3rd quarter worth $55,456,000. ING Groep NV grew its stake in Ford Motor by 93.4% during the 3rd quarter. ING Groep NV now owns 1,181,128 shares of the auto manufacturer's stock worth $12,473,000 after purchasing an additional 570,293 shares in the last quarter. OneAscent Financial Services LLC acquired a new position in shares of Ford Motor during the third quarter worth about $545,000. Quantbot Technologies LP grew its holdings in Ford Motor by 1,157.9% during the 3rd quarter. Quantbot Technologies LP now owns 181,006 shares of the auto manufacturer's stock worth $1,911,000 after acquiring an additional 166,617 shares in the last quarter. Finally, GSA Capital Partners LLP increased its holdings in Ford Motor by 20.8% in the third quarter. GSA Capital Partners LLP now owns 91,278 shares of the auto manufacturer's stock valued at $964,000 after buying an additional 15,729 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.