Ford Motor (NYSE:F) Shares Up 4% – Time to Buy?

Ford Motor Company (NYSE:F) rose 4% during mid-day trading on Wednesday . The company traded as high as $14.50 and last traded at $14.4850. 50,445,723 shares were traded during trading, a decline of 15% from the average session volume of 59,526,926 shares. The stock had previously closed at $13.93.

Analyst Ratings Changes

Several brokerages have weighed in on F. Barclays boosted their price target on Ford Motor from $13.00 to $14.00 and gave the company an “equal weight” rating in a report on Thursday, July 9th. Bank of America upped their target price on Ford Motor from $17.00 to $20.00 and gave the company a “buy” rating in a research note on Friday, May 29th. Zacks Research lowered Ford Motor from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 4th. Wall Street Zen lowered Ford Motor from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Finally, UBS Group upped their price objective on shares of Ford Motor from $14.00 to $17.00 and gave the company a “buy” rating in a research note on Monday, June 8th. Eight research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $15.68.

Ford Motor Trading Up 4.0%

The company has a debt-to-equity ratio of 3.07, a quick ratio of 0.93 and a current ratio of 1.09. The firm has a market capitalization of $57.76 billion, a price-to-earnings ratio of -7.75, a P/E/G ratio of 0.30 and a beta of 1.82. The business has a fifty day moving average price of $14.14 and a 200 day moving average price of $13.50.

Ford Motor (NYSE:F) last issued its earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.33 by $0.09. The firm had revenue of $48.30 billion for the quarter, compared to analysts’ expectations of $47.24 billion. Ford Motor had a positive return on equity of 17.23% and a negative net margin of 3.93%.The firm’s revenue for the quarter was down 3.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.37 earnings per share. As a group, equities analysts forecast that Ford Motor Company will post 1.86 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Tuesday, August 11th. Ford Motor’s dividend payout ratio is -32.09%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of F. MV Capital Management Inc. acquired a new stake in shares of Ford Motor in the fourth quarter worth $25,000. McMillan Office Inc. purchased a new position in shares of Ford Motor in the 4th quarter valued at $26,000. Legacy Wealth Managment LLC ID lifted its holdings in shares of Ford Motor by 108.4% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 2,365 shares of the auto manufacturer’s stock valued at $27,000 after acquiring an additional 1,230 shares in the last quarter. Johnson Financial Group Inc. lifted its holdings in shares of Ford Motor by 55.4% during the 3rd quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer’s stock valued at $28,000 after acquiring an additional 837 shares in the last quarter. Finally, Caldwell Trust Co boosted its position in Ford Motor by 605.8% during the 1st quarter. Caldwell Trust Co now owns 2,534 shares of the auto manufacturer’s stock worth $29,000 after purchasing an additional 2,175 shares during the period. 58.74% of the stock is owned by institutional investors and hedge funds.

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.