Ford Motor (NYSE:F) Trading Up 1.2% - Still a Buy?

Ford Motor Company (NYSE:F - Get Free Report) was up 1.2% during trading on Wednesday . The company traded as high as $11.88 and last traded at $11.83. Approximately 18,447,348 shares were traded during trading, a decline of 78% from the average daily volume of 82,790,358 shares. The stock had previously closed at $11.68.

Analyst Ratings Changes

Several analysts have commented on F shares. Wall Street Zen upgraded shares of Ford Motor from a "sell" rating to a "hold" rating in a research note on Saturday, June 14th. JPMorgan Chase & Co. upped their price objective on shares of Ford Motor from $11.00 to $12.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. Barclays increased their target price on shares of Ford Motor from $8.00 to $9.00 and gave the company an "equal weight" rating in a research report on Tuesday, May 6th. The Goldman Sachs Group increased their target price on shares of Ford Motor from $9.00 to $10.00 and gave the company a "neutral" rating in a research report on Tuesday, May 6th. Finally, Piper Sandler boosted their target price on Ford Motor from $8.50 to $9.00 and gave the stock a "neutral" rating in a report on Thursday, May 22nd. Three research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $10.03.

Ford Motor Trading Up 1.2%

The business's 50-day moving average is $10.59 and its two-hundred day moving average is $10.04. The company has a debt-to-equity ratio of 2.26, a quick ratio of 0.97 and a current ratio of 1.13. The stock has a market capitalization of $47.00 billion, a PE ratio of 9.46, a price-to-earnings-growth ratio of 0.99 and a beta of 1.49.

Ford Motor (NYSE:F - Get Free Report) last issued its 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 net margin of 2.74% and a return on equity of 13.49%. The business's revenue was down 6.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.49 EPS. As a group, equities research analysts anticipate that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Stockholders 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 dividend yield of 5.08%. The ex-dividend date of this dividend was Monday, May 12th. Ford Motor's dividend payout ratio is currently 48.00%.

Insider Activity at Ford Motor

In other news, insider Andrew Frick sold 30,000 shares of the business's stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $11.00, for a total transaction of $330,000.00. Following the completion of the sale, the insider owned 113,939 shares in the company, valued at approximately $1,253,329. The trade was a 20.84% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.48% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Ford Motor

Several institutional investors and hedge funds have recently made changes to their positions in F. Proficio Capital Partners LLC lifted its stake in Ford Motor by 10.1% in the 4th quarter. Proficio Capital Partners LLC now owns 12,118 shares of the auto manufacturer's stock worth $120,000 after acquiring an additional 1,112 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of Ford Motor by 0.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,097,103 shares of the auto manufacturer's stock worth $10,861,000 after buying an additional 3,318 shares during the period. Dorsey & Whitney Trust CO LLC lifted its position in shares of Ford Motor by 8.3% during the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 48,460 shares of the auto manufacturer's stock worth $480,000 after buying an additional 3,699 shares during the period. Personal CFO Solutions LLC bought a new position in shares of Ford Motor during the 4th quarter worth approximately $115,000. Finally, Daiwa Securities Group Inc. raised its position in Ford Motor by 24.2% in the 4th quarter. Daiwa Securities Group Inc. now owns 606,159 shares of the auto manufacturer's stock valued at $6,257,000 after purchasing an additional 117,982 shares during the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

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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