Ford Motor (NYSE:F) Trading Down 2.9% on Analyst Downgrade

Ford Motor (NYSE:F - Get Free Report)'s stock price dropped 2.9% during trading on Tuesday 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 $9.44 and last traded at $9.43. Approximately 33,470,972 shares traded hands during trading, a decline of 53% from the average daily volume of 70,506,868 shares. The stock had previously closed at $9.71.

A number of other equities analysts also recently commented on F. Bank of America reduced their price objective on shares of Ford Motor from $19.00 to $15.50 and set a "buy" rating for the company in a report on Thursday, February 6th. Jefferies Financial Group downgraded Ford Motor from a "hold" rating to an "underperform" rating and cut their target price for the stock from $12.00 to $9.00 in a research report on Monday, December 16th. StockNews.com cut shares of Ford Motor from a "hold" rating to a "sell" rating in a research note on Thursday, April 10th. TD Cowen initiated coverage on shares of Ford Motor in a research report on Friday, March 7th. They set a "hold" rating and a $10.00 target price on the stock. Finally, The Goldman Sachs Group reissued a "neutral" rating and set a $9.00 price target (down from $11.00) on shares of Ford Motor in a research note on Thursday, April 10th. Five investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, Ford Motor presently has a consensus rating of "Hold" and a consensus target price of $10.30.

Hedge Funds Weigh In On Ford Motor

A number of large investors have recently bought and sold shares of F. Vanguard Group Inc. increased its position in shares of Ford Motor by 16.6% during the 4th quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer's stock worth $3,980,630,000 after purchasing an additional 57,182,803 shares during the last quarter. Norges Bank bought a new stake in Ford Motor in the fourth quarter valued at approximately $387,282,000. Jacobs Levy Equity Management Inc. boosted its stake in shares of Ford Motor by 88.0% during the 4th quarter. Jacobs Levy Equity Management Inc. now owns 22,512,285 shares of the auto manufacturer's stock worth $222,872,000 after acquiring an additional 10,535,335 shares during the period. Voloridge Investment Management LLC raised its stake in Ford Motor by 2,905.1% in the 4th quarter. Voloridge Investment Management LLC now owns 7,989,463 shares of the auto manufacturer's stock valued at $79,096,000 after acquiring an additional 7,723,601 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Ford Motor by 5.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer's stock valued at $1,278,153,000 after purchasing an additional 6,497,321 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company's stock.

Ford Motor Stock Performance

The stock has a market capitalization of $38.16 billion, a P/E ratio of 6.59, a PEG ratio of 0.61 and a beta of 1.41. The stock's 50-day simple moving average is $9.60 and its 200 day simple moving average is $10.13. 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 posted its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, topping 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%. Research analysts expect that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given 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 dividend yield of 6.23%. Ford Motor's payout ratio is 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.