Ford Motor Company (NYSE:F) Given Consensus Rating of “Hold” by Analysts

Ford Motor Company (NYSE:F) has earned a consensus rating of “Hold” from the sixteen analysts that are presently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, ten have assigned a hold recommendation and five have issued a buy recommendation on the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $14.6286.

F has been the subject of several recent research reports. Wells Fargo & Company reduced their price target on Ford Motor from $11.00 to $10.00 and set an “underweight” rating for the company in a research report on Tuesday, March 31st. Wall Street Zen raised Ford Motor from a “hold” rating to a “buy” rating in a research report on Saturday, June 13th. Bank of America boosted their price objective on Ford Motor from $17.00 to $20.00 and gave the company a “buy” rating in a report on Friday, May 29th. Morgan Stanley restated an “equal weight” rating and issued a $14.00 target price on shares of Ford Motor in a research report on Wednesday, May 13th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Ford Motor in a research report on Friday, March 27th.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Norges Bank purchased a new position in Ford Motor in the 4th quarter worth approximately $674,437,000. DLD Asset Management LP bought a new stake in Ford Motor during the 3rd quarter worth approximately $299,000,000. Marshall Wace LLP grew its holdings in shares of Ford Motor by 81.1% in the third quarter. Marshall Wace LLP now owns 35,438,722 shares of the auto manufacturer’s stock valued at $423,847,000 after purchasing an additional 15,866,285 shares in the last quarter. AQR Capital Management LLC boosted its stake in Ford Motor by 610.1% during the fourth quarter. AQR Capital Management LLC now owns 11,177,304 shares of the auto manufacturer’s stock worth $146,646,000 after buying an additional 9,603,267 shares during the period. Finally, Bank of New York Mellon Corp lifted its position in shares of Ford Motor by 26.9% during the fourth quarter. Bank of New York Mellon Corp now owns 38,153,383 shares of the auto manufacturer’s stock worth $500,572,000 after purchasing an additional 8,086,564 shares during the last quarter. 58.74% of the stock is owned by institutional investors.

Ford Motor Trading Down 3.0%

F opened at $13.98 on Thursday. The company has a debt-to-equity ratio of 2.84, a current ratio of 1.09 and a quick ratio of 0.94. The company’s 50 day moving average price is $13.62 and its two-hundred day moving average price is $13.32. The firm has a market capitalization of $55.71 billion, a price-to-earnings ratio of -9.02, a PEG ratio of 0.31 and a beta of 1.79. Ford Motor has a fifty-two week low of $10.40 and a fifty-two week high of $17.78.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.48. The firm had revenue of $43.25 billion during the quarter, compared to analyst estimates of $42.66 billion. Ford Motor had a negative net margin of 3.22% and a positive return on equity of 15.77%. The company’s quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter last year, the business earned $0.14 earnings per share. As a group, research analysts predict that Ford Motor will post 1.64 earnings per share for the current year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend was Tuesday, May 12th. Ford Motor’s dividend payout ratio is -38.71%.

Ford Motor Company Profile

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.