Ford Motor (NYSE:F - Free Report) had its price objective trimmed by Piper Sandler from $13.00 to $9.00 in a research note published on Thursday morning,Benzinga reports. The brokerage currently has a neutral rating on the auto manufacturer's stock.
Other analysts also recently issued reports about the stock. Bank of America dropped their price objective on shares of Ford Motor from $19.00 to $15.50 and set a "buy" rating on the stock in a report on Thursday, February 6th. Wolfe Research reissued an "underperform" rating on shares of Ford Motor in a report on Thursday, December 5th. TD Cowen assumed coverage on shares of Ford Motor in a report on Friday, March 7th. They set a "hold" rating and a $10.00 price target on the stock. Evercore ISI lowered their price target on shares of Ford Motor from $11.00 to $10.00 and set an "in-line" rating on the stock in a report on Monday, February 10th. Finally, Barclays downgraded shares of Ford Motor from an "overweight" rating to an "equal weight" rating and lowered their price target for the stock from $13.00 to $11.00 in a report on Wednesday, January 22nd. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $11.50.
View Our Latest Stock Analysis on F
Ford Motor Stock Performance
Shares of F stock traded up $0.04 during trading hours on Thursday, hitting $10.05. The company's stock had a trading volume of 240,589,038 shares, compared to its average volume of 62,071,755. The company has a 50 day moving average of $9.73 and a 200 day moving average of $10.29. The stock has a market cap of $39.81 billion, a PE ratio of 6.88, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. Ford Motor has a 12-month low of $9.06 and a 12-month high of $14.85.
Ford Motor (NYSE:F - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, beating 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%. On average, sell-side analysts forecast that Ford Motor will post 1.47 EPS for the current fiscal year.
Ford Motor Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.97%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor's dividend payout ratio (DPR) is 41.10%.
Institutional Investors Weigh In On Ford Motor
A number of hedge funds have recently modified their holdings of F. Albion Financial Group UT increased its stake in Ford Motor by 38.5% in the 4th quarter. Albion Financial Group UT now owns 3,600 shares of the auto manufacturer's stock valued at $36,000 after buying an additional 1,000 shares during the period. Brighton Jones LLC increased its stake in Ford Motor by 5.4% in the 4th quarter. Brighton Jones LLC now owns 19,693 shares of the auto manufacturer's stock valued at $195,000 after buying an additional 1,001 shares during the period. Angeles Wealth Management LLC boosted its position in shares of Ford Motor by 1.3% during the 4th quarter. Angeles Wealth Management LLC now owns 80,728 shares of the auto manufacturer's stock worth $799,000 after purchasing an additional 1,024 shares in the last quarter. Atlas Brown Inc. boosted its position in shares of Ford Motor by 1.7% during the 4th quarter. Atlas Brown Inc. now owns 63,323 shares of the auto manufacturer's stock worth $627,000 after purchasing an additional 1,047 shares in the last quarter. Finally, Cornerstone Wealth Group LLC boosted its position in shares of Ford Motor by 10.6% during the 4th quarter. Cornerstone Wealth Group LLC now owns 11,429 shares of the auto manufacturer's stock worth $113,000 after purchasing an additional 1,098 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.
About Ford Motor
(
Get Free Report)
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.
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