Ford Motor (NYSE:F) Stock Rating Lowered by Morgan Stanley

Morgan Stanley cut shares of Ford Motor (NYSE:F) from an overweight rating to an equal weight rating in a research note published on Wednesday morning, Marketbeat Ratings reports. The brokerage currently has $12.00 target price on the auto manufacturer’s stock, down from their prior target price of $16.00.

Other research analysts also recently issued reports about the stock. Barclays reduced their target price on shares of Ford Motor from $17.00 to $16.00 and set an overweight rating for the company in a research report on Thursday, July 25th. StockNews.com raised Ford Motor from a sell rating to a hold rating in a research report on Friday, August 2nd. Royal Bank of Canada dropped their price target on Ford Motor from $13.00 to $10.00 and set a sector perform rating on the stock in a research report on Monday, August 12th. Wells Fargo & Company decreased their price objective on Ford Motor from $10.00 to $9.00 and set an underweight rating for the company in a report on Tuesday, September 10th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a hold rating and set a $11.00 price objective on shares of Ford Motor in a report on Tuesday, September 10th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, Ford Motor presently has a consensus rating of Hold and a consensus target price of $12.64.

Ford Motor Trading Up 0.9 %

NYSE F opened at $10.78 on Wednesday. The company has a current ratio of 1.17, a quick ratio of 1.00 and a debt-to-equity ratio of 2.30. The firm has a market capitalization of $43.04 billion, a P/E ratio of 11.11, a PEG ratio of 0.79 and a beta of 1.62. The business has a fifty day simple moving average of $10.87 and a 200 day simple moving average of $11.99. Ford Motor has a 12 month low of $9.49 and a 12 month high of $14.85.

Ford Motor (NYSE:F) last issued its quarterly earnings data 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). Ford Motor had a return on equity of 15.28% and a net margin of 2.13%. The firm had revenue of $47.81 billion during the quarter, compared to the consensus estimate of $47.79 billion. During the same period in the previous year, the company posted $0.72 earnings per share. The company’s revenue for the quarter was up 6.3% on a year-over-year basis. On average, analysts predict that Ford Motor will post 1.88 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Wednesday, August 7th were given a $0.15 dividend. The ex-dividend date of this dividend was Wednesday, August 7th. This represents a $0.60 dividend on an annualized basis and a yield of 5.57%. Ford Motor’s payout ratio is 61.86%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of F. Fisher Asset Management LLC increased its stake in shares of Ford Motor by 6.3% in the fourth quarter. Fisher Asset Management LLC now owns 59,150,709 shares of the auto manufacturer’s stock worth $721,047,000 after buying an additional 3,521,520 shares during the period. Dimensional Fund Advisors LP increased its position in shares of Ford Motor by 27.4% in the second quarter. Dimensional Fund Advisors LP now owns 36,190,972 shares of the auto manufacturer’s stock valued at $453,732,000 after acquiring an additional 7,793,944 shares during the period. Legal & General Group Plc raised its stake in shares of Ford Motor by 1.0% during the second quarter. Legal & General Group Plc now owns 31,823,353 shares of the auto manufacturer’s stock valued at $399,066,000 after acquiring an additional 318,715 shares during the last quarter. LSV Asset Management boosted its holdings in shares of Ford Motor by 1.6% during the second quarter. LSV Asset Management now owns 20,115,487 shares of the auto manufacturer’s stock worth $252,248,000 after purchasing an additional 312,496 shares during the period. Finally, Jacobs Levy Equity Management Inc. increased its holdings in Ford Motor by 11.0% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 12,290,204 shares of the auto manufacturer’s stock valued at $163,214,000 after purchasing an additional 1,214,640 shares during the period. 58.74% of the stock is owned by institutional investors.

About Ford Motor

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.