Ford Motor (NYSE:F) Stock Price Down 0.3% on Analyst Downgrade

Shares of Ford Motor (NYSE:F - Get Free Report) dropped 0.3% during trading on Friday after Piper Sandler lowered their price target on the stock from $13.00 to $9.00. Piper Sandler currently has a neutral rating on the stock. Ford Motor traded as low as $9.83 and last traded at $9.98. Approximately 34,333,340 shares traded hands during mid-day trading, a decline of 44% from the average daily volume of 61,145,066 shares. The stock had previously closed at $10.01.

A number of other analysts also recently weighed in on F. Barclays downgraded shares of Ford Motor from an "overweight" rating to an "equal weight" rating and cut their price target for the stock from $13.00 to $11.00 in a report on Wednesday, January 22nd. Evercore ISI reduced their price objective on Ford Motor from $11.00 to $10.00 and set an "in-line" rating on the stock in a research note on Monday, February 10th. Wells Fargo & Company lowered 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. Jefferies Financial Group downgraded shares of Ford Motor from a "hold" rating to an "underperform" rating and reduced their price target for the company from $12.00 to $9.00 in a research note on Monday, December 16th. Finally, Royal Bank of Canada lowered their price objective on shares of Ford Motor from $10.00 to $9.00 and set a "sector perform" rating for the company in a research report on Thursday, February 6th. Three 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. According to MarketBeat, Ford Motor has an average rating of "Hold" and an average target price of $11.50.

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Institutional Investors Weigh In On Ford Motor

Several large investors have recently added to or reduced their stakes in the business. Albion Financial Group UT lifted its holdings in shares of Ford Motor by 38.5% in the 4th quarter. Albion Financial Group UT now owns 3,600 shares of the auto manufacturer's stock worth $36,000 after acquiring an additional 1,000 shares during the last quarter. Brighton Jones LLC lifted its stake in Ford Motor by 5.4% in the fourth quarter. Brighton Jones LLC now owns 19,693 shares of the auto manufacturer's stock worth $195,000 after purchasing an additional 1,001 shares during the last quarter. Angeles Wealth Management LLC boosted its position in Ford Motor by 1.3% during the fourth quarter. Angeles Wealth Management LLC now owns 80,728 shares of the auto manufacturer's stock valued at $799,000 after buying an additional 1,024 shares during the period. Atlas Brown Inc. grew its stake in shares of Ford Motor by 1.7% during the fourth quarter. Atlas Brown Inc. now owns 63,323 shares of the auto manufacturer's stock valued at $627,000 after buying an additional 1,047 shares during the last quarter. Finally, Cornerstone Wealth Group LLC increased its holdings in shares of Ford Motor by 10.6% in the fourth quarter. Cornerstone Wealth Group LLC now owns 11,429 shares of the auto manufacturer's stock worth $113,000 after buying an additional 1,098 shares during the period. Institutional investors and hedge funds own 58.74% of the company's stock.

Ford Motor Price Performance

The firm has a fifty day moving average of $9.75 and a two-hundred day moving average of $10.29. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. The company has a market capitalization of $40.74 billion, a PE ratio of 7.04, a PEG ratio of 0.61 and a beta of 1.59.

Ford Motor (NYSE:F - Get Free Report) last issued 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%. Research analysts anticipate that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were issued a dividend of $0.15 per share. The ex-dividend date was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a yield of 5.84%. Ford Motor's dividend payout ratio is presently 41.10%.

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.