Ford Motor (NYSE:F) Sets New 1-Year Low - Here's What Happened

Ford Motor (NYSE:F - Get Free Report)'s share price reached a new 52-week low on Tuesday . The stock traded as low as $9.09 and last traded at $9.17, with a volume of 6587985 shares trading hands. The stock had previously closed at $9.39.

Analyst Ratings Changes

Several research firms have recently commented on F. JPMorgan Chase & Co. reduced their price target on shares of Ford Motor from $14.00 to $13.00 and set an "overweight" rating on the stock in a research report on Friday, February 7th. Bank of America reduced their target price on Ford Motor from $19.00 to $15.50 and set a "buy" rating on the stock in a research report on Thursday, February 6th. BNP Paribas raised Ford Motor to a "hold" rating in a research note on Monday, February 10th. 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 report on Thursday, November 7th. Finally, Barclays lowered shares of Ford Motor from an "overweight" rating to an "equal weight" rating and lowered their target price for the stock from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $11.89.

Ford Motor Stock Up 5.8 %

The firm has a market cap of $38.23 billion, a PE ratio of 6.61, a price-to-earnings-growth ratio of 0.61 and a beta of 1.63. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The business has a 50-day moving average price of $9.74 and a two-hundred day moving average price of $10.40.

Ford Motor (NYSE:F - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, beating 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%. On average, equities research analysts expect that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.22%. Ford Motor's payout ratio is 41.10%.

Hedge Funds Weigh In On Ford Motor

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Apollon Wealth Management LLC boosted its position in shares of Ford Motor by 1.1% in the 3rd quarter. Apollon Wealth Management LLC now owns 92,950 shares of the auto manufacturer's stock valued at $982,000 after purchasing an additional 969 shares during the period. Pure Financial Advisors LLC grew its stake in shares of Ford Motor by 6.6% in the 3rd quarter. Pure Financial Advisors LLC now owns 16,096 shares of the auto manufacturer's stock valued at $170,000 after purchasing an additional 990 shares during the last quarter. Albion Financial Group UT increased its holdings in shares of Ford Motor by 38.5% in the fourth quarter. Albion Financial Group UT now owns 3,600 shares of the auto manufacturer's stock valued at $36,000 after purchasing an additional 1,000 shares during the period. Brighton Jones LLC increased its holdings in shares of Ford Motor by 5.4% in the fourth quarter. Brighton Jones LLC now owns 19,693 shares of the auto manufacturer's stock valued at $195,000 after purchasing an additional 1,001 shares during the period. Finally, Angeles Wealth Management LLC lifted its holdings in shares of Ford Motor by 1.3% during the fourth quarter. Angeles Wealth Management LLC now owns 80,728 shares of the auto manufacturer's stock worth $799,000 after purchasing an additional 1,024 shares during the period. 58.74% of the stock is owned by institutional investors and hedge funds.

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.