Ford Motor (NYSE:F - Get Free Report) was down 1.9% during mid-day trading on Tuesday . The stock traded as low as $9.16 and last traded at $9.06. Approximately 38,933,255 shares traded hands during mid-day trading, a decline of 43% from the average daily volume of 67,801,172 shares. The stock had previously closed at $9.24.
Analyst Upgrades and Downgrades
Several research firms have recently issued reports on F. Barclays cut Ford Motor from an "overweight" rating to an "equal weight" rating and reduced their target price for the company from $13.00 to $11.00 in a research note on Wednesday, January 22nd. The Goldman Sachs Group reaffirmed a "neutral" rating and issued a $9.00 target price (down from $11.00) on shares of Ford Motor in a research report on Thursday. Sanford C. Bernstein cut Ford Motor from a "market perform" rating to an "underperform" rating and reduced their price target for the stock from $9.40 to $7.00 in a research note on Wednesday. Bank of America cut their price objective on shares of Ford Motor from $19.00 to $15.50 and set a "buy" rating on the stock in a report on Thursday, February 6th. Finally, Jefferies Financial Group cut Ford Motor from a "hold" rating to an "underperform" rating and dropped their price target for the stock from $12.00 to $9.00 in a research report on Monday, December 16th. Five research analysts have rated the stock with a sell rating, ten have given a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Ford Motor has a consensus rating of "Hold" and a consensus price target of $10.50.
Get Our Latest Stock Report on Ford Motor
Ford Motor Price Performance
The firm has a market capitalization of $36.96 billion, a PE ratio of 6.39, a price-to-earnings-growth ratio of 0.61 and a beta of 1.41. The stock's 50 day simple moving average is $9.58 and its two-hundred day simple moving average is $10.17. 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 (NYSE:F - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, topping the consensus estimate 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, sell-side analysts forecast that Ford Motor will post 1.47 EPS for the current year.
Ford Motor Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 6.43%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor's payout ratio is currently 41.10%.
Hedge Funds Weigh In On Ford Motor
Hedge funds have recently added to or reduced their stakes in the stock. Albion Financial Group UT increased its position in Ford Motor by 38.5% during the 4th quarter. Albion Financial Group UT now owns 3,600 shares of the auto manufacturer's stock worth $36,000 after purchasing an additional 1,000 shares during the period. Brighton Jones LLC lifted its holdings in 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 acquiring an additional 1,001 shares during the period. Angeles Wealth Management LLC boosted its position in shares of Ford Motor by 1.3% during the 4th 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 in the last quarter. Atlas Brown Inc. grew its stake in shares of Ford Motor by 1.7% during the 4th quarter. Atlas Brown Inc. now owns 63,323 shares of the auto manufacturer's stock worth $627,000 after purchasing an additional 1,047 shares during the period. Finally, Cornerstone Wealth Group LLC increased its holdings in shares of Ford Motor by 10.6% in the 4th quarter. Cornerstone Wealth Group LLC now owns 11,429 shares of the auto manufacturer's stock valued at $113,000 after purchasing an additional 1,098 shares in the last quarter. 58.74% of the stock is currently owned by hedge funds and other institutional investors.
Ford Motor Company Profile
(
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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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