Ford Motor (NYSE:F) Shares Up 1% - Still a Buy?

Ford Motor (NYSE:F - Get Free Report) traded up 1% during mid-day trading on Wednesday . The company traded as high as $9.61 and last traded at $9.55. 29,089,345 shares traded hands during trading, a decline of 74% from the average session volume of 111,221,094 shares. The stock had previously closed at $9.45.

Analyst Ratings Changes

Several analysts have commented on F shares. BNP Paribas raised Ford Motor to a "hold" rating in a research note on Monday, February 10th. Sanford C. Bernstein cut Ford Motor from a "market perform" rating to an "underperform" rating and cut their price target for the stock from $9.40 to $7.00 in a research note on Wednesday, April 9th. Wells Fargo & Company dropped their price objective on shares of Ford Motor from $9.00 to $8.00 and set an "underweight" rating on the stock in a research note on Thursday, February 6th. Piper Sandler cut their price objective on shares of Ford Motor from $13.00 to $9.00 and set a "neutral" rating for the company in a research report on Thursday, March 20th. Finally, TD Cowen initiated coverage on shares of Ford Motor in a report on Friday, March 7th. They issued a "hold" rating and a $10.00 target price on the stock. Five investment analysts have rated the stock with a sell rating, ten have issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $10.30.

Ford Motor Stock Up 2.4 %

The stock's 50 day moving average is $9.60 and its 200 day moving average is $10.13. The firm has a market cap of $38.16 billion, a price-to-earnings ratio of 6.59, a price-to-earnings-growth ratio of 0.61 and a beta of 1.41. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31.

Ford Motor (NYSE:F - Get Free Report) last issued its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. Analysts forecast that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 6.23%. The ex-dividend date was Tuesday, February 18th. Ford Motor's payout ratio is 41.10%.

Institutional Investors Weigh In On Ford Motor

Several hedge funds have recently bought and sold shares of F. Vanguard Group Inc. boosted its position in Ford Motor by 16.6% during the fourth quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer's stock valued at $3,980,630,000 after purchasing an additional 57,182,803 shares during the last quarter. Norges Bank bought a new position in shares of Ford Motor in the fourth quarter valued at approximately $387,282,000. Jacobs Levy Equity Management Inc. boosted its holdings in Ford Motor by 88.0% during the fourth quarter. Jacobs Levy Equity Management Inc. now owns 22,512,285 shares of the auto manufacturer's stock valued at $222,872,000 after acquiring an additional 10,535,335 shares during the period. Voloridge Investment Management LLC boosted its stake in Ford Motor by 2,905.1% during the 4th quarter. Voloridge Investment Management LLC now owns 7,989,463 shares of the auto manufacturer's stock valued at $79,096,000 after purchasing an additional 7,723,601 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Ford Motor by 5.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer's stock worth $1,278,153,000 after acquiring an additional 6,497,321 shares during the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

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.