Ford Motor (NYSE:F) Rating Increased to Hold at StockNews.com

StockNews.com upgraded shares of Ford Motor (NYSE:F) from a sell rating to a hold rating in a research report sent to investors on Friday morning.

A number of other research analysts also recently issued reports on F. Evercore ISI upgraded shares of Ford Motor to a hold rating in a research report on Friday, July 26th. Barclays dropped their target price on shares of Ford Motor from $17.00 to $16.00 and set an overweight rating on the stock in a research report on Thursday, July 25th. Royal Bank of Canada boosted their target price on shares of Ford Motor from $12.00 to $13.00 and gave the company a sector perform rating in a research report on Thursday, April 25th. The Goldman Sachs Group dropped their target price on shares of Ford Motor from $14.00 to $12.00 and set a neutral rating on the stock in a research report on Thursday, July 25th. Finally, UBS Group boosted their target price on shares of Ford Motor from $13.00 to $14.00 and gave the company a neutral rating in a research report on Thursday, April 25th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, Ford Motor currently has a consensus rating of Hold and an average price target of $13.75.

Ford Motor Trading Down 3.0 %

F opened at $9.73 on Friday. Ford Motor has a fifty-two week low of $9.49 and a fifty-two week high of $14.85. 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 has a market capitalization of $38.85 billion, a price-to-earnings ratio of 10.03, a PEG ratio of 0.75 and a beta of 1.62. The company’s 50 day moving average price is $12.40 and its two-hundred day moving average price is $12.39.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.21). The firm had revenue of $47.81 billion during the quarter, compared to analyst estimates of $47.79 billion. Ford Motor had a return on equity of 15.28% and a net margin of 2.13%. The firm’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.72 EPS. As a group, research analysts predict that Ford Motor will post 1.94 earnings per share for the current year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 3rd. Stockholders of record on Wednesday, August 7th will be paid a $0.15 dividend. The ex-dividend date is Wednesday, August 7th. This represents a $0.60 annualized dividend and a dividend yield of 6.17%. Ford Motor’s payout ratio is 61.86%.

Insider Transactions at Ford Motor

In related news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the stock in a transaction dated Friday, May 24th. The shares were sold at an average price of $12.09, for a total transaction of $982,119.06. Following the completion of the transaction, the director now owns 168,601 shares in the company, valued at $2,038,386.09. The transaction was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 0.80% of the company’s stock.

Hedge Funds Weigh In On Ford Motor

Institutional investors have recently added to or reduced their stakes in the stock. Norges Bank bought a new position in Ford Motor during the fourth quarter worth about $475,899,000. Coatue Management LLC bought a new position in Ford Motor during the fourth quarter worth about $149,152,000. Newport Trust Company LLC boosted its position in Ford Motor by 4.5% during the fourth quarter. Newport Trust Company LLC now owns 155,177,214 shares of the auto manufacturer’s stock worth $1,891,610,000 after purchasing an additional 6,667,808 shares during the period. Fisher Asset Management LLC lifted its holdings in shares of Ford Motor by 6.3% in the fourth quarter. Fisher Asset Management LLC now owns 59,152,154 shares of the auto manufacturer’s stock worth $721,065,000 after buying an additional 3,522,965 shares in the last quarter. Finally, International Assets Investment Management LLC lifted its holdings in shares of Ford Motor by 1,084.8% in the fourth quarter. International Assets Investment Management LLC now owns 2,696,966 shares of the auto manufacturer’s stock worth $32,876,000 after buying an additional 2,469,344 shares in the last quarter. Institutional investors own 58.74% of the company’s stock.

Ford Motor Company Profile

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.