Ford Motor (NYSE:F) Trading 1.4% Higher - Should You Buy?

Shares of Ford Motor Company (NYSE:F - Get Free Report) shot up 1.4% on Thursday . The company traded as high as $10.62 and last traded at $10.63. 22,352,931 shares were traded during mid-day trading, a decline of 72% from the average session volume of 80,930,460 shares. The stock had previously closed at $10.48.

Analysts Set New Price Targets

A number of research firms have issued reports on F. JPMorgan Chase & Co. increased their target price on shares of Ford Motor from $11.00 to $12.00 and gave the stock an "overweight" rating in a report on Thursday, May 1st. Wolfe Research upgraded Ford Motor from an "underperform" rating to a "peer perform" rating in a report on Wednesday, April 30th. TD Cowen assumed coverage on Ford Motor in a report on Friday, March 7th. They set a "hold" rating and a $10.00 price target on the stock. Citigroup increased their price target on Ford Motor from $10.00 to $11.00 and gave the company a "neutral" rating in a research report on Wednesday, May 7th. Finally, The Goldman Sachs Group boosted their price objective on Ford Motor from $9.00 to $10.00 and gave the stock a "neutral" rating in a research report on Tuesday, May 6th. Three investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $10.03.

Ford Motor Price Performance

The company has a debt-to-equity ratio of 2.26, a current ratio of 1.13 and a quick ratio of 0.97. The firm has a market cap of $42.21 billion, a price-to-earnings ratio of 8.49, a PEG ratio of 0.91 and a beta of 1.50. The stock has a 50-day moving average price of $10.32 and a 200 day moving average price of $9.96.

Ford Motor (NYSE:F - Get Free Report) last released its quarterly earnings results on Monday, May 5th. The auto manufacturer reported $0.14 EPS for the quarter, topping the consensus estimate of ($0.02) by $0.16. The company had revenue of $40.66 billion for the quarter, compared to analyst estimates of $35.99 billion. Ford Motor had a return on equity of 13.49% and a net margin of 2.74%. The firm's revenue was down 6.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.49 earnings per share. As a group, equities research analysts forecast that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Monday, May 12th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 5.65%. The ex-dividend date of this dividend was Monday, May 12th. Ford Motor's dividend payout ratio is currently 48.00%.

Institutional Trading of Ford Motor

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in shares of Ford Motor by 13.8% in the first quarter. Vanguard Group Inc. now owns 457,660,361 shares of the auto manufacturer's stock valued at $4,590,333,000 after acquiring an additional 55,576,478 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in Ford Motor by 8.5% in the first quarter. Charles Schwab Investment Management Inc. now owns 140,053,906 shares of the auto manufacturer's stock valued at $1,404,741,000 after purchasing an additional 10,947,527 shares during the period. Geode Capital Management LLC boosted its holdings in Ford Motor by 2.5% in the 4th quarter. Geode Capital Management LLC now owns 84,078,284 shares of the auto manufacturer's stock valued at $830,662,000 after purchasing an additional 2,089,127 shares in the last quarter. Pacer Advisors Inc. increased its position in Ford Motor by 6,915.1% during the 1st quarter. Pacer Advisors Inc. now owns 49,078,048 shares of the auto manufacturer's stock worth $492,253,000 after purchasing an additional 48,378,444 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in shares of Ford Motor by 11.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 46,508,882 shares of the auto manufacturer's stock worth $460,444,000 after buying an additional 4,925,993 shares in 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.

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