Ford Motor (NYSE:F) Price Target Lowered to $13.00 at Barclays

Ford Motor (NYSE:F - Get Free Report) had its price target cut by research analysts at Barclays from $14.00 to $13.00 in a research report issued on Tuesday, Benzinga reports. The firm currently has an "overweight" rating on the auto manufacturer's stock. Barclays's price target points to a potential upside of 24.94% from the company's previous close.

A number of other analysts have also issued reports on the company. Morgan Stanley cut Ford Motor from an "overweight" rating to an "equal weight" rating and dropped their price objective for the stock from $16.00 to $12.00 in a research note on Wednesday, September 25th. The Goldman Sachs Group raised Ford Motor from a "neutral" rating to a "buy" rating and upped their price target for the stock from $12.00 to $13.00 in a research report on Tuesday, October 1st. Wolfe Research assumed coverage on Ford Motor in a report on Thursday, September 5th. They issued a "peer perform" rating for the company. Royal Bank of Canada cut their price objective on shares of Ford Motor from $13.00 to $10.00 and set a "sector perform" rating on the stock in a report on Monday, August 12th. Finally, StockNews.com upgraded shares of Ford Motor from a "sell" rating to a "hold" rating in a research note on Friday, August 2nd. Two analysts have rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and an average price target of $12.48.

Ford Motor Trading Down 8.5 %

Shares of Ford Motor stock traded down $0.96 on Tuesday, reaching $10.41. The company had a trading volume of 156,013,869 shares, compared to its average volume of 53,717,906. The firm has a market cap of $41.54 billion, a price-to-earnings ratio of 10.73, a P/E/G ratio of 1.58 and a beta of 1.62. The company has a debt-to-equity ratio of 2.30, a current ratio of 1.17 and a quick ratio of 1.00. The firm's 50-day moving average price is $10.84 and its two-hundred day moving average price is $11.65. Ford Motor has a 1 year low of $9.49 and a 1 year high of $14.85.

Ford Motor (NYSE:F - Get Free Report) last released its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, topping analysts' consensus estimates of $0.47 by $0.02. Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The firm had revenue of $46.20 billion during the quarter, compared to analysts' expectations of $45.13 billion. During the same period in the previous year, the company earned $0.39 EPS. The firm's revenue for the quarter was up 5.5% compared to the same quarter last year. As a group, research analysts predict that Ford Motor will post 1.86 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Ford Motor

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP boosted its stake in shares of Ford Motor by 27.4% in the second quarter. Dimensional Fund Advisors LP now owns 36,190,972 shares of the auto manufacturer's stock worth $453,732,000 after acquiring an additional 7,793,944 shares during the last quarter. Legal & General Group Plc boosted its stake in Ford Motor by 1.0% during the 2nd quarter. Legal & General Group Plc now owns 31,823,353 shares of the auto manufacturer's stock worth $399,066,000 after purchasing an additional 318,715 shares during the last quarter. LSV Asset Management grew its holdings in shares of Ford Motor by 1.6% during the second quarter. LSV Asset Management now owns 20,115,487 shares of the auto manufacturer's stock worth $252,248,000 after buying an additional 312,496 shares in the last quarter. Jacobs Levy Equity Management Inc. raised its position in shares of Ford Motor by 11.0% in the first quarter. Jacobs Levy Equity Management Inc. now owns 12,290,204 shares of the auto manufacturer's stock valued at $163,214,000 after buying an additional 1,214,640 shares during the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. raised its holdings in Ford Motor by 0.5% in the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 9,375,847 shares of the auto manufacturer's stock valued at $124,511,000 after acquiring an additional 51,035 shares during the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

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.