Ford Motor (NYSE:F) Shares Up 1.3% – Still a Buy?

Ford Motor Company (NYSE:F)’s stock price traded up 1.3% during mid-day trading on Wednesday . The company traded as high as $11.69 and last traded at $11.6850. 33,782,838 shares were traded during trading, a decline of 48% from the average session volume of 65,247,512 shares. The stock had previously closed at $11.54.

Wall Street Analyst Weigh In

A number of research firms have commented on F. Zacks Research cut shares of Ford Motor from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. HSBC lifted their price target on shares of Ford Motor from $9.80 to $12.80 and gave the company a “hold” rating in a research report on Tuesday, January 13th. Wall Street Zen raised shares of Ford Motor from a “sell” rating to a “hold” rating in a research note on Saturday. Barclays upped their price objective on shares of Ford Motor from $12.00 to $13.00 and gave the stock an “equal weight” rating in a report on Friday, January 23rd. Finally, Evercore lifted their target price on shares of Ford Motor from $12.00 to $14.00 and gave the company an “in-line” rating in a report on Monday, December 22nd. Four analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $13.22.

Ford Motor Stock Up 1.3%

The company has a market capitalization of $46.62 billion, a PE ratio of -5.67, a PEG ratio of 0.26 and a beta of 1.65. The company has a current ratio of 1.07, a quick ratio of 0.94 and a debt-to-equity ratio of 2.95. The business has a fifty day moving average of $13.03 and a 200 day moving average of $12.93.

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

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 13th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 5.1%. The ex-dividend date of this dividend was Friday, February 13th. Ford Motor’s dividend payout ratio is presently -29.13%.

Insider Transactions at Ford Motor

In other Ford Motor news, insider William Clay Ford, Jr. bought 140,000 shares of Ford Motor stock in a transaction on Thursday, February 19th. The shares were bought at an average cost of $13.82 per share, for a total transaction of $1,934,800.00. Following the acquisition, the insider directly owned 3,912,600 shares in the company, valued at $54,072,132. This represents a 3.71% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.48% of the stock is currently owned by company insiders.

Institutional Trading of Ford Motor

A number of large investors have recently modified their holdings of the stock. Corsicana & Co. acquired a new stake in shares of Ford Motor in the third quarter valued at $25,000. Grove Bank & Trust increased its holdings in Ford Motor by 110.7% during the 4th quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock worth $25,000 after purchasing an additional 1,000 shares during the period. MV Capital Management Inc. purchased a new stake in Ford Motor during the 4th quarter worth about $25,000. Olistico Wealth LLC acquired a new stake in Ford Motor in the 4th quarter valued at about $26,000. Finally, McMillan Office Inc. acquired a new stake in Ford Motor in the 4th quarter valued at about $26,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

About Ford Motor

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.