Barclays Cuts Ford Motor (NYSE:F) Price Target to $14.00

Ford Motor (NYSE:F - Free Report) had its target price decreased by Barclays from $16.00 to $14.00 in a research note released on Tuesday, Benzinga reports. Barclays currently has an overweight rating on the auto manufacturer's stock.

Several other analysts also recently weighed in on the stock. Evercore ISI upgraded Ford Motor to a hold rating in a report on Friday, July 26th. Wolfe Research assumed coverage on Ford Motor in a research report on Thursday, September 5th. They set a peer perform rating on the stock. The Goldman Sachs Group upgraded Ford Motor from a neutral rating to a buy rating and lifted their price objective for the company from $12.00 to $13.00 in a report on Tuesday, October 1st. Wells Fargo & Company lowered their price objective on shares of Ford Motor from $10.00 to $9.00 and set an underweight rating for the company in a research note on Tuesday, September 10th. Finally, StockNews.com raised shares of Ford Motor from a sell rating to a hold rating in a research report on Friday, August 2nd. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the company. According to MarketBeat.com, Ford Motor currently has an average rating of Hold and an average price target of $12.56.

Ford Motor Trading Down 0.7 %

F stock traded down $0.08 during midday trading on Tuesday, reaching $10.84. The company's stock had a trading volume of 49,578,817 shares, compared to its average volume of 53,502,496. Ford Motor has a 1 year low of $9.49 and a 1 year high of $14.85. The firm has a market capitalization of $43.28 billion, a price-to-earnings ratio of 11.29, a PEG ratio of 0.77 and a beta of 1.62. The stock has a fifty day simple moving average of $10.66 and a two-hundred day simple moving average of $11.82. The company has a debt-to-equity ratio of 2.30, a quick ratio of 1.00 and a current ratio of 1.17.

Ford Motor (NYSE:F - Get Free Report) last posted its quarterly earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 EPS for the quarter, missing analysts' consensus estimates of $0.68 by ($0.21). Ford Motor had a return on equity of 15.28% and a net margin of 2.13%. The company had revenue of $47.81 billion during the quarter, compared to the consensus estimate of $47.79 billion. During the same quarter in the previous year, the company posted $0.72 earnings per share. The company's revenue for the quarter was up 6.3% on a year-over-year basis. On average, equities research analysts predict that Ford Motor will post 1.88 EPS for the current year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Wednesday, August 7th were issued a $0.15 dividend. The ex-dividend date was Wednesday, August 7th. This represents a $0.60 annualized dividend and a yield of 5.54%. Ford Motor's dividend payout ratio (DPR) is presently 61.86%.

Hedge Funds Weigh In On Ford Motor

A number of institutional investors have recently modified their holdings of the stock. Czech National Bank increased its stake in shares of Ford Motor by 6.5% in the 3rd quarter. Czech National Bank now owns 795,732 shares of the auto manufacturer's stock valued at $8,403,000 after purchasing an additional 48,456 shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings in Ford Motor by 1.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,349,276 shares of the auto manufacturer's stock worth $71,039,000 after acquiring an additional 59,082 shares in the last quarter. Wedmont Private Capital raised its position in Ford Motor by 33.1% during the first quarter. Wedmont Private Capital now owns 17,124 shares of the auto manufacturer's stock worth $232,000 after acquiring an additional 4,255 shares during the period. Hodges Capital Management Inc. raised its position in shares of Ford Motor by 18.3% during the 1st quarter. Hodges Capital Management Inc. now owns 95,500 shares of the auto manufacturer's stock worth $1,268,000 after purchasing an additional 14,750 shares during the last quarter. Finally, Brookstone Capital Management lifted its position in shares of Ford Motor by 8.5% in the third quarter. Brookstone Capital Management now owns 955,129 shares of the auto manufacturer's stock valued at $10,086,000 after acquiring an additional 75,193 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company's stock.

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.