Ford Motor (NYSE:F) Lowered to Sell Rating by Wall Street Zen

Wall Street Zen downgraded shares of Ford Motor (NYSE:F) from a buy rating to a sell rating in a report published on Saturday.

Several other equities analysts have also issued reports on F. HSBC lifted their price target on Ford Motor from $9.80 to $12.80 and gave the company a “hold” rating in a research note on Tuesday, January 13th. Weiss Ratings restated a “buy (b-)” rating on shares of Ford Motor in a research note on Monday, December 22nd. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $12.00 price target on shares of Ford Motor in a report on Wednesday. TD Cowen increased their price objective on shares of Ford Motor from $13.00 to $15.00 and gave the company a “hold” rating in a research note on Tuesday, January 13th. Finally, Evercore boosted their target price on shares of Ford Motor from $12.00 to $14.00 and gave the stock an “in-line” rating in a research note on Monday, December 22nd. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $13.02.

Ford Motor Trading Up 0.7%

Shares of Ford Motor stock opened at $14.10 on Friday. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt-to-equity ratio of 2.95. Ford Motor has a 12-month low of $8.44 and a 12-month high of $14.50. The company has a market capitalization of $56.16 billion, a price-to-earnings ratio of -6.84, a PEG ratio of 5.98 and a beta of 1.66. The firm’s 50-day moving average price is $13.62 and its two-hundred day moving average price is $12.67.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Tuesday, February 10th. The auto manufacturer reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.07. The company had revenue of $45.89 billion during the quarter, compared to the consensus estimate of $41.78 billion. Ford Motor had a negative net margin of 4.37% and a positive return on equity of 10.16%. The firm’s quarterly revenue was down 4.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.39 EPS. On average, analysts forecast that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Friday, February 13th will be issued a $0.15 dividend. The ex-dividend date is Friday, February 13th. This represents a $0.60 annualized dividend and a yield of 4.3%. Ford Motor’s dividend payout ratio is presently -29.13%.

Hedge Funds Weigh In On Ford Motor

Hedge funds and other institutional investors have recently bought and sold shares of the company. Caxton Associates LLP acquired a new position in shares of Ford Motor in the 1st quarter valued at about $304,000. Empowered Funds LLC lifted its stake in Ford Motor by 41.6% in the first quarter. Empowered Funds LLC now owns 147,760 shares of the auto manufacturer’s stock valued at $1,482,000 after buying an additional 43,385 shares during the period. TD Asset Management Inc boosted its holdings in shares of Ford Motor by 2.5% during the 2nd quarter. TD Asset Management Inc now owns 1,734,334 shares of the auto manufacturer’s stock worth $18,818,000 after buying an additional 41,715 shares in the last quarter. Mutual Advisors LLC grew its position in shares of Ford Motor by 9.7% during the 2nd quarter. Mutual Advisors LLC now owns 101,527 shares of the auto manufacturer’s stock worth $1,165,000 after buying an additional 8,973 shares during the period. Finally, Nordea Investment Management AB increased its stake in shares of Ford Motor by 4.3% in the 2nd quarter. Nordea Investment Management AB now owns 331,080 shares of the auto manufacturer’s stock valued at $3,554,000 after acquiring an additional 13,721 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

About Ford Motor

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.