Ford Motor (NYSE:F - Get Free Report) hit a new 52-week low on Monday . The stock traded as low as $9.00 and last traded at $9.08, with a volume of 15723452 shares changing hands. The stock had previously closed at $9.58.
Analyst Ratings Changes
Several research firms have recently issued reports on F. TD Cowen started coverage on Ford Motor in a report on Friday, March 7th. They set a "hold" rating and a $10.00 target price on the stock. Wells Fargo & Company reduced their price objective on shares of Ford Motor from $9.00 to $8.00 and set an "underweight" rating on the stock in a research note on Thursday, February 6th. StockNews.com cut shares of Ford Motor from a "hold" rating to a "sell" rating in a research report on Thursday. Evercore ISI reduced their price target on shares of Ford Motor from $11.00 to $10.00 and set an "in-line" rating on the stock in a research report on Monday, February 10th. Finally, Jefferies Financial Group downgraded shares of Ford Motor from a "hold" rating to an "underperform" rating and lowered their price objective for the company from $12.00 to $9.00 in a research report on Monday, December 16th. Five investment analysts have rated the stock with a sell rating, ten have given a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $10.50.
Get Our Latest Analysis on Ford Motor
Ford Motor Trading Up 2.0 %
The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The firm has a market cap of $36.96 billion, a P/E ratio of 6.39, a price-to-earnings-growth ratio of 0.61 and a beta of 1.41. The business's fifty day moving average is $9.60 and its 200-day moving average is $10.18.
Ford Motor (NYSE:F - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, beating 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%. Analysts predict that Ford Motor will post 1.47 EPS for the current year.
Ford Motor Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were given a $0.15 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.43%. Ford Motor's dividend payout ratio (DPR) is presently 41.10%.
Hedge Funds Weigh In On Ford Motor
A number of hedge funds have recently made changes to their positions in F. Geode Capital Management LLC increased its position in Ford Motor by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 81,989,157 shares of the auto manufacturer's stock valued at $863,009,000 after purchasing an additional 1,336,676 shares during the period. Sunbelt Securities Inc. boosted its stake in shares of Ford Motor by 21.4% in the 3rd quarter. Sunbelt Securities Inc. now owns 40,674 shares of the auto manufacturer's stock valued at $430,000 after purchasing an additional 7,175 shares during the last quarter. Virtu Financial LLC acquired a new stake in shares of Ford Motor during the third quarter worth $1,045,000. Sculati Wealth Management LLC raised its stake in Ford Motor by 4.7% during the third quarter. Sculati Wealth Management LLC now owns 37,774 shares of the auto manufacturer's stock worth $399,000 after buying an additional 1,709 shares during the last quarter. Finally, World Investment Advisors LLC lifted its holdings in Ford Motor by 31.8% in the third quarter. World Investment Advisors LLC now owns 33,168 shares of the auto manufacturer's stock valued at $350,000 after buying an additional 8,000 shares during the period. 58.74% of the stock is currently owned by institutional investors.
About Ford Motor
(
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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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