Ford Motor (NYSE:F - Free Report) had its price objective lowered by JPMorgan Chase & Co. from $13.00 to $11.00 in a research report report published on Thursday morning, Marketbeat Ratings reports. JPMorgan Chase & Co. currently has an overweight rating on the auto manufacturer's stock.
Several other equities analysts have also recently weighed in on the company. Wolfe Research reissued an "underperform" rating on shares of Ford Motor in a report on Thursday, December 5th. Bank of America lowered their target price on Ford Motor from $19.00 to $15.50 and set a "buy" rating on the stock in a report on Thursday, February 6th. Barclays cut Ford Motor from an "overweight" rating to an "equal weight" rating and dropped their target price for the stock from $13.00 to $11.00 in a research report on Wednesday, January 22nd. Evercore ISI reduced their price target on shares of Ford Motor from $11.00 to $10.00 and set an "in-line" rating for the company in a research report on Monday, February 10th. Finally, BNP Paribas raised shares of Ford Motor to a "hold" rating in a report on Monday, February 10th. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $11.37.
Check Out Our Latest Analysis on F
Ford Motor Stock Down 1.8 %
Shares of F stock traded down $0.18 during mid-day trading on Thursday, hitting $9.73. The company's stock had a trading volume of 136,793,571 shares, compared to its average volume of 64,809,757. The stock has a market cap of $38.54 billion, a price-to-earnings ratio of 6.66, a PEG ratio of 0.61 and a beta of 1.59. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. Ford Motor has a 52-week low of $9.06 and a 52-week high of $14.85. The business has a 50-day moving average price of $9.75 and a 200 day moving average price of $10.28.
Ford Motor (NYSE:F - Get Free Report) last issued its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, topping analysts' consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. Research analysts predict that Ford Motor will post 1.47 EPS for the current fiscal year.
Ford Motor Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 6.17%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor's dividend payout ratio is currently 41.10%.
Institutional Investors Weigh In On Ford Motor
Several institutional investors and hedge funds have recently modified their holdings of F. Quest Partners LLC bought a new position in Ford Motor during the third quarter valued at approximately $96,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Ford Motor in the third quarter valued at $186,000. Cerity Partners LLC increased its position in Ford Motor by 10.8% in the third quarter. Cerity Partners LLC now owns 324,052 shares of the auto manufacturer's stock worth $3,422,000 after purchasing an additional 31,707 shares during the last quarter. Truvestments Capital LLC purchased a new stake in Ford Motor during the third quarter valued at $37,000. Finally, Dai ichi Life Insurance Company Ltd lifted its position in Ford Motor by 247.0% during the third quarter. Dai ichi Life Insurance Company Ltd now owns 98,345 shares of the auto manufacturer's stock valued at $1,039,000 after purchasing an additional 70,000 shares during the last quarter. Institutional investors 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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