Ford Motor (NYSE:F) Cut to “Equal Weight” at Barclays

Ford Motor (NYSE:F) was downgraded by stock analysts at Barclays from an “overweight” rating to an “equal weight” rating in a report released on Wednesday,Briefing.com Automated Import reports. They presently have a $11.00 price target on the auto manufacturer’s stock, down from their prior price target of $13.00. Barclays‘s target price points to a potential upside of 5.32% from the stock’s previous close.

F has been the subject of several other research reports. Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft cut their price target on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research note on Wednesday, October 30th. Jefferies Financial Group cut shares of Ford Motor from a “hold” rating to an “underperform” rating and lowered their price objective for the stock from $12.00 to $9.00 in a research note on Monday, December 16th. Sanford C. Bernstein downgraded shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective for the company. in a research report on Thursday, November 7th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $10.00 target price on shares of Ford Motor in a report on Tuesday, October 29th. Four equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $11.67.

Ford Motor Price Performance

F opened at $10.44 on Wednesday. The company’s 50-day simple moving average is $10.36 and its two-hundred day simple moving average is $10.89. Ford Motor has a 52-week low of $9.49 and a 52-week high of $14.85. The stock has a market capitalization of $41.51 billion, a P/E ratio of 11.87, a P/E/G ratio of 1.96 and a beta of 1.64. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The company had revenue of $46.20 billion for the quarter, compared to the consensus estimate of $45.13 billion. During the same quarter in the prior year, the firm earned $0.39 earnings per share. The firm’s revenue for the quarter was up 5.5% compared to the same quarter last year. As a group, analysts predict that Ford Motor will post 1.77 EPS for the current year.

Hedge Funds Weigh In On Ford Motor

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. 1834 Investment Advisors Co. lifted its position in shares of Ford Motor by 3.8% in the fourth quarter. 1834 Investment Advisors Co. now owns 284,777 shares of the auto manufacturer’s stock worth $2,819,000 after buying an additional 10,344 shares in the last quarter. Avaii Wealth Management LLC increased its stake in Ford Motor by 79.4% in the 4th quarter. Avaii Wealth Management LLC now owns 19,029 shares of the auto manufacturer’s stock worth $188,000 after acquiring an additional 8,421 shares during the last quarter. Vista Investment Partners LLC raised its holdings in shares of Ford Motor by 2.0% during the 4th quarter. Vista Investment Partners LLC now owns 77,805 shares of the auto manufacturer’s stock worth $770,000 after acquiring an additional 1,500 shares in the last quarter. Jacksonville Wealth Management LLC bought a new position in shares of Ford Motor during the 4th quarter valued at approximately $239,000. Finally, Exchange Traded Concepts LLC grew its holdings in shares of Ford Motor by 29.3% in the fourth quarter. Exchange Traded Concepts LLC now owns 40,351 shares of the auto manufacturer’s stock valued at $399,000 after purchasing an additional 9,143 shares in the last quarter. Institutional investors own 58.74% of the company’s stock.

Ford Motor Company Profile

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.