Ford Motor (NYSE:F) Receives Average Rating of “Reduce” from Analysts

Shares of Ford Motor (NYSE:F) have earned an average rating of “Reduce” from the fourteen analysts that are currently covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $11.83.

F has been the topic of several research reports. Royal Bank of Canada restated a “sector perform” rating and set a $10.00 price target on shares of Ford Motor in a research note on Tuesday, October 29th. Wells Fargo & Company lowered their price objective on Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a research report on Tuesday, September 10th. The Goldman Sachs Group raised Ford Motor from a “neutral” rating to a “buy” rating and raised their target price for the stock from $12.00 to $13.00 in a research report on Tuesday, October 1st. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a report on Wednesday, October 30th. Finally, Barclays reduced their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Tuesday, October 29th.

Hedge Funds Weigh In On Ford Motor

Institutional investors and hedge funds have recently made changes to their positions in the company. Bard Financial Services Inc. acquired a new position in shares of Ford Motor in the 4th quarter valued at approximately $122,000. Nordea Investment Management AB lifted its stake in Ford Motor by 8.7% in the fourth quarter. Nordea Investment Management AB now owns 316,177 shares of the auto manufacturer’s stock valued at $3,146,000 after buying an additional 25,229 shares in the last quarter. Central Pacific Bank Trust Division boosted its holdings in shares of Ford Motor by 523.1% in the fourth quarter. Central Pacific Bank Trust Division now owns 21,471 shares of the auto manufacturer’s stock valued at $213,000 after buying an additional 18,025 shares during the period. Everence Capital Management Inc. increased its position in shares of Ford Motor by 47.0% during the fourth quarter. Everence Capital Management Inc. now owns 161,643 shares of the auto manufacturer’s stock worth $1,600,000 after acquiring an additional 51,700 shares in the last quarter. Finally, Modus Advisors LLC acquired a new stake in shares of Ford Motor during the fourth quarter worth $34,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Trading Up 0.4 %

NYSE:F opened at $9.92 on Thursday. The company’s 50 day moving average is $10.52 and its 200-day moving average is $11.07. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. Ford Motor has a 12 month low of $9.49 and a 12 month high of $14.85. The firm has a market cap of $39.42 billion, a price-to-earnings ratio of 11.27, a P/E/G ratio of 1.90 and a beta of 1.64.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.02. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The company had revenue of $46.20 billion for the quarter, compared to the consensus estimate of $45.13 billion. During the same period last year, the business posted $0.39 earnings per share. The firm’s revenue was up 5.5% compared to the same quarter last year. Equities analysts anticipate that Ford Motor will post 1.81 EPS for the current year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were paid a $0.15 dividend. The ex-dividend date was Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.05%. Ford Motor’s dividend payout ratio (DPR) is presently 68.18%.

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.