Ford Motor (NYSE:F) Shares Down 0.8% on Analyst Downgrade

Ford Motor (NYSE:F - Get Free Report) fell 0.8% during mid-day trading on Friday after Barclays lowered their price target on the stock from $10.00 to $8.00. Barclays currently has an equal weight rating on the stock. Ford Motor traded as low as $9.04 and last traded at $9.07. 29,479,127 shares changed hands during trading, a decline of 58% from the average session volume of 69,515,840 shares. The stock had previously closed at $9.14.

F has been the topic of several other reports. JPMorgan Chase & Co. cut their price objective on shares of Ford Motor from $13.00 to $11.00 and set an "overweight" rating on the stock in a research report on Thursday, March 27th. Sanford C. Bernstein downgraded Ford Motor from a "market perform" rating to an "underperform" rating and decreased their target price for the company from $9.40 to $7.00 in a research report on Wednesday, April 9th. Bank of America dropped their price target on Ford Motor from $19.00 to $15.50 and set a "buy" rating for the company in a research note on Thursday, February 6th. Wells Fargo & Company reduced their target price on Ford Motor from $9.00 to $8.00 and set an "underweight" rating on the stock in a report on Thursday, February 6th. Finally, UBS Group decreased their price target on shares of Ford Motor from $10.00 to $9.00 and set a "neutral" rating on the stock in a report on Thursday, April 10th. Five investment analysts have rated the stock with a sell rating, ten have given a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, Ford Motor has a consensus rating of "Hold" and a consensus price target of $10.30.

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Hedge Funds Weigh In On Ford Motor

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

Ford Motor Trading Down 2.8 %

The business's 50 day moving average price is $9.57 and its 200-day moving average price is $10.16. The firm has a market capitalization of $37.41 billion, a price-to-earnings ratio of 6.47, a price-to-earnings-growth ratio of 0.61 and a beta of 1.41. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02.

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

Ford Motor Dividend Announcement

The company also recently announced 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. This represents a $0.60 dividend on an annualized basis and a yield of 6.36%. The ex-dividend date was Tuesday, February 18th. Ford Motor's payout ratio is currently 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.