Ford Motor (NYSE:F) Downgraded to Hold at StockNews.com

StockNews.com cut shares of Ford Motor (NYSE:FGet Rating) from a buy rating to a hold rating in a report issued on Thursday.

Several other research firms also recently issued reports on F. Citigroup decreased their price objective on shares of Ford Motor from $16.00 to $15.00 and set a neutral rating on the stock in a report on Tuesday, August 2nd. Nomura upgraded shares of Ford Motor from a reduce rating to a neutral rating and set a $12.40 target price for the company in a research report on Thursday, July 21st. Wells Fargo & Company reduced their target price on shares of Ford Motor from $12.00 to $10.00 and set an underweight rating for the company in a research report on Monday, July 11th. TheStreet upgraded shares of Ford Motor from a c rating to a b- rating in a research report on Wednesday, July 27th. Finally, Morgan Stanley lifted their target price on shares of Ford Motor from $13.00 to $14.00 and gave the stock an equal weight rating in a research note on Tuesday, August 2nd. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of Hold and a consensus price target of $18.28.

Ford Motor Stock Performance

Shares of NYSE F opened at $12.77 on Thursday. The company’s fifty day moving average price is $14.74 and its 200 day moving average price is $14.28. Ford Motor has a 1 year low of $10.61 and a 1 year high of $25.87. The company has a market capitalization of $51.34 billion, a PE ratio of 4.47, a price-to-earnings-growth ratio of 0.75 and a beta of 1.29. The company has a debt-to-equity ratio of 1.92, a quick ratio of 1.00 and a current ratio of 1.16.

Ford Motor (NYSE:FGet Rating) last announced its quarterly earnings results on Wednesday, July 27th. The auto manufacturer reported $0.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.44 by $0.24. The firm had revenue of $37.91 billion for the quarter, compared to the consensus estimate of $35.17 billion. Ford Motor had a net margin of 7.86% and a return on equity of 16.91%. The firm’s quarterly revenue was up 57.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.13 earnings per share. On average, research analysts predict that Ford Motor will post 2.09 earnings per share for the current year.

Ford Motor Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 1st. Investors of record on Thursday, August 11th were issued a $0.15 dividend. The ex-dividend date of this dividend was Wednesday, August 10th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.70%. This is a boost from Ford Motor’s previous quarterly dividend of $0.10. Ford Motor’s payout ratio is 20.98%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Ten Capital Wealth Advisors LLC acquired a new position in Ford Motor during the 1st quarter worth approximately $25,000. Thompson Siegel & Walmsley LLC acquired a new position in Ford Motor during the 1st quarter worth approximately $25,000. Mark Sheptoff Financial Planning LLC grew its holdings in Ford Motor by 199.2% during the 1st quarter. Mark Sheptoff Financial Planning LLC now owns 1,505 shares of the auto manufacturer’s stock worth $25,000 after acquiring an additional 1,002 shares in the last quarter. Core Alternative Capital grew its holdings in Ford Motor by 390.2% during the 1st quarter. Core Alternative Capital now owns 1,696 shares of the auto manufacturer’s stock worth $29,000 after acquiring an additional 1,350 shares in the last quarter. Finally, Rise Advisors LLC acquired a new position in Ford Motor during the 4th quarter worth approximately $39,000. Institutional investors and hedge funds own 49.89% of the company’s stock.

About Ford Motor

(Get Rating)

Ford Motor Company designs, manufactures, markets, and services a range of Ford trucks, cars, sport utility vehicles, electrified vehicles, and Lincoln luxury vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment 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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