Shares of Ford Motor (NYSE:F - Get Free Report) hit a new 52-week low during trading on Wednesday . The company traded as low as $9.11 and last traded at $9.15, with a volume of 4028993 shares trading hands. The stock had previously closed at $9.21.
Wall Street Analyst Weigh In
Several research analysts recently weighed in on F shares. Sanford C. Bernstein lowered shares of Ford Motor from an "outperform" rating to a "market perform" rating and set a $11.00 price objective on the stock. in a research note on Thursday, November 7th. Bank of America reduced their price target on shares of Ford Motor from $19.00 to $15.50 and set a "buy" rating on the stock in a research report on Thursday, February 6th. Royal Bank of Canada decreased their price target on shares of Ford Motor from $10.00 to $9.00 and set a "sector perform" rating for the company in a report on Thursday, February 6th. Deutsche Bank Aktiengesellschaft dropped their price objective on Ford Motor from $11.00 to $10.00 and set a "hold" rating on the stock in a research note on Wednesday, October 30th. Finally, Wells Fargo & Company decreased their target price on Ford Motor from $9.00 to $8.00 and set an "underweight" rating for the company in a research note on Thursday, February 6th. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $11.89.
Check Out Our Latest Stock Analysis on F
Ford Motor Stock Up 1.3 %
The company has a current ratio of 1.16, a quick ratio of 0.98 and a debt-to-equity ratio of 2.31. The company has a market capitalization of $37.66 billion, a P/E ratio of 6.49, a PEG ratio of 1.80 and a beta of 1.63. The firm's 50 day moving average price is $9.92 and its two-hundred day moving average price is $10.46.
Ford Motor (NYSE:F - Get Free Report) last announced its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, topping the consensus estimate of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. Equities research analysts forecast that Ford Motor will post 1.7 EPS for the current year.
Ford Motor Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $0.60 annualized dividend and a yield of 6.33%. Ford Motor's payout ratio is presently 41.10%.
Institutional Investors Weigh In On Ford Motor
Several large investors have recently made changes to their positions in the stock. McGowan Group Asset Management Inc. lifted its stake in Ford Motor by 3.1% in the 4th quarter. McGowan Group Asset Management Inc. now owns 70,405 shares of the auto manufacturer's stock valued at $697,000 after purchasing an additional 2,136 shares during the last quarter. Mork Capital Management LLC bought a new stake in Ford Motor in the fourth quarter valued at approximately $987,000. Jacobs Levy Equity Management Inc. lifted its position in shares of Ford Motor by 88.0% in the fourth quarter. Jacobs Levy Equity Management Inc. now owns 22,512,285 shares of the auto manufacturer's stock valued at $222,872,000 after buying an additional 10,535,335 shares during the last quarter. KKM Financial LLC boosted its stake in shares of Ford Motor by 1.8% during the 4th quarter. KKM Financial LLC now owns 167,571 shares of the auto manufacturer's stock worth $1,659,000 after acquiring an additional 2,890 shares during the period. Finally, Gotham Asset Management LLC increased its holdings in shares of Ford Motor by 134.7% during the 4th quarter. Gotham Asset Management LLC now owns 395,334 shares of the auto manufacturer's stock worth $3,914,000 after acquiring an additional 226,886 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company's stock.
About Ford Motor
(
Get Free Report)
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.
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