Ford Motor (NYSE:F) Trading 2.7% Higher – Still a Buy?

Shares of Ford Motor Company (NYSE:F) traded up 2.7% during mid-day trading on Tuesday . The stock traded as high as $11.59 and last traded at $11.5150. 38,116,581 shares were traded during trading, a decline of 42% from the average session volume of 65,760,438 shares. The stock had previously closed at $11.21.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. TD Cowen raised their price objective on shares of Ford Motor from $13.00 to $15.00 and gave the stock a “hold” rating in a report on Tuesday, January 13th. JPMorgan Chase & Co. boosted their target price on Ford Motor from $14.00 to $15.00 and gave the stock an “overweight” rating in a report on Wednesday, January 21st. Royal Bank Of Canada restated a “sector perform” rating and set a $12.00 price target on shares of Ford Motor in a research report on Wednesday, February 11th. HSBC raised their price target on Ford Motor from $9.80 to $12.80 and gave the company a “hold” rating in a report on Tuesday, January 13th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Ford Motor in a research note on Friday. Four equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $13.22.

Ford Motor Stock Performance

The stock’s 50 day simple moving average is $13.07 and its two-hundred day simple moving average is $12.94. The company has a market capitalization of $45.94 billion, a P/E ratio of -5.59, a P/E/G ratio of 0.26 and a beta of 1.65. The company has a debt-to-equity ratio of 2.95, a current ratio of 1.07 and a quick ratio of 0.94.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, February 11th. The auto manufacturer reported $0.13 EPS for the quarter, beating the consensus estimate of $0.06 by $0.07. The business had revenue of $45.89 billion for the quarter, compared to analysts’ expectations of $41.78 billion. Ford Motor had a negative net margin of 4.37% and a positive return on equity of 10.16%. During the same period in the prior year, the firm earned $0.39 earnings per share. Ford Motor’s revenue was down 4.8% compared to the same quarter last year. As a group, research analysts expect that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 13th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 5.2%. The ex-dividend date of this dividend was Friday, February 13th. Ford Motor’s dividend payout ratio (DPR) is -29.13%.

Insider Buying and Selling at Ford Motor

In other news, insider William Clay Ford, Jr. purchased 140,000 shares of the business’s stock in a transaction dated Thursday, February 19th. The shares were acquired at an average price of $13.82 per share, with a total value of $1,934,800.00. Following the completion of the purchase, the insider directly owned 3,912,600 shares of the company’s stock, valued at $54,072,132. The trade was a 3.71% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.48% of the stock is currently owned by insiders.

Institutional Trading of Ford Motor

Several institutional investors and hedge funds have recently added to or reduced their stakes in F. Corsicana & Co. bought a new position in shares of Ford Motor in the 3rd quarter valued at about $25,000. Grove Bank & Trust raised its stake in shares of Ford Motor by 110.7% during the fourth quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock worth $25,000 after buying an additional 1,000 shares during the last quarter. MV Capital Management Inc. acquired a new position in Ford Motor in the fourth quarter valued at approximately $25,000. Olistico Wealth LLC bought a new position in Ford Motor in the fourth quarter valued at approximately $26,000. Finally, McMillan Office Inc. bought a new position in Ford Motor in the fourth quarter valued at approximately $26,000. 58.74% of the stock is owned by institutional investors.

Ford Motor Company Profile

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.