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

Ford Motor (NYSE:F - Get Free Report) shares fell 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. 34,333,340 shares changed hands during trading, a decline of 44% from the average session volume of 61,145,066 shares. The stock had previously closed at $10.01.

F has been the subject of a number of other research reports. JPMorgan Chase & Co. reduced their price objective on Ford Motor from $14.00 to $13.00 and set an "overweight" rating for the company in a research note on Friday, February 7th. Wells Fargo & Company decreased their price target on Ford Motor from $9.00 to $8.00 and set an "underweight" rating for the company in a report on Thursday, February 6th. TD Cowen initiated coverage on shares of Ford Motor in a research note on Friday, March 7th. They set a "hold" rating and a $10.00 price objective on the stock. Barclays cut shares of Ford Motor from an "overweight" rating to an "equal weight" rating and decreased their target price for the company from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Finally, Royal Bank of Canada dropped their price target on shares of Ford Motor from $10.00 to $9.00 and set a "sector perform" rating on the stock 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 assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $11.50.

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Institutional Trading of Ford Motor

Several large investors have recently bought and sold shares of F. Hager Investment Management Services LLC acquired a new position in shares of Ford Motor during the 4th quarter valued at about $26,000. Bank of Jackson Hole Trust purchased a new position in Ford Motor during the fourth quarter worth about $29,000. Flagship Wealth Advisors LLC acquired a new position in Ford Motor in the 4th quarter valued at about $30,000. Kentucky Trust Co purchased a new stake in shares of Ford Motor in the 4th quarter valued at approximately $31,000. Finally, Spurstone Advisory Services LLC acquired a new stake in shares of Ford Motor during the 4th quarter worth approximately $31,000. Hedge funds and other institutional investors own 58.74% of the company's stock.

Ford Motor Trading Up 2.4 %

The stock has a market cap of $40.61 billion, a PE ratio of 7.02, a price-to-earnings-growth 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. The company's 50-day moving average price is $9.75 and its 200 day moving average price is $10.29.

Ford Motor (NYSE:F - Get Free Report) last posted its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 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, sell-side analysts forecast that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.86%. The ex-dividend date was Tuesday, February 18th. Ford Motor's dividend payout ratio is currently 41.10%.

Ford Motor Company Profile

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.