Ford Motor (NYSE:F) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Ford Motor (NYSE:F) from a sell rating to a hold rating in a research note published on Saturday morning.

F has been the subject of several other research reports. Morgan Stanley increased their target price on Ford Motor from $11.00 to $14.00 and gave the stock an “equal weight” rating in a research report on Monday, December 8th. Piper Sandler raised Ford Motor from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $11.00 to $16.00 in a research note on Thursday, January 8th. Royal Bank Of Canada reissued a “sector perform” rating and set a $12.00 price objective on shares of Ford Motor in a research report on Wednesday, February 11th. Weiss Ratings restated a “buy (b-)” rating on shares of Ford Motor in a report on Monday, December 22nd. Finally, Evercore increased their price target 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. Four equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $13.29.

Ford Motor Stock Down 1.5%

Shares of NYSE:F opened at $11.20 on Friday. The stock’s 50-day moving average is $13.07 and its 200 day moving average is $12.94. The company has a market cap of $44.66 billion, a PE ratio of -5.43, a P/E/G ratio of 0.26 and a beta of 1.65. The company has a debt-to-equity ratio of 2.95, a current ratio of 1.07 and a quick ratio of 0.94. Ford Motor has a 1 year low of $8.44 and a 1 year high of $14.80.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, February 11th. The auto manufacturer reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.06 by $0.07. Ford Motor had a positive return on equity of 10.16% and a negative net margin of 4.37%.The company had revenue of $45.89 billion during the quarter, compared to analyst estimates of $41.78 billion. During the same quarter last year, the firm posted $0.39 earnings per share. The firm’s revenue was down 4.8% on a year-over-year basis. Sell-side analysts anticipate that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 13th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 5.4%. The ex-dividend date of this dividend was Friday, February 13th. Ford Motor’s dividend payout ratio is -29.13%.

Insiders Place Their Bets

In other news, insider William Clay Ford, Jr. bought 140,000 shares of the firm’s stock in a transaction on Thursday, February 19th. The stock was acquired at an average cost of $13.82 per share, with a total value of $1,934,800.00. Following the completion of the acquisition, the insider owned 3,912,600 shares of the company’s stock, valued at approximately $54,072,132. This represents a 3.71% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.48% of the company’s stock.

Institutional Investors Weigh In On Ford Motor

Institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. lifted its position in Ford Motor by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 471,705,454 shares of the auto manufacturer’s stock valued at $6,188,776,000 after acquiring an additional 4,087,699 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Ford Motor by 2.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 152,017,084 shares of the auto manufacturer’s stock worth $1,994,464,000 after purchasing an additional 4,089,779 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Ford Motor by 1.2% in the fourth quarter. Geode Capital Management LLC now owns 106,600,353 shares of the auto manufacturer’s stock worth $1,394,697,000 after purchasing an additional 1,255,349 shares during the last quarter. Norges Bank purchased a new position in shares of Ford Motor in the fourth quarter worth $674,437,000. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Ford Motor by 0.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 45,857,344 shares of the auto manufacturer’s stock valued at $601,687,000 after purchasing an additional 125,534 shares in the last quarter. Institutional investors own 58.74% of the company’s stock.

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.