Ford Motor (NYSE:F) Upgraded by BNP Paribas to Hold Rating

Ford Motor (NYSE:F) was upgraded by investment analysts at BNP Paribas to a “hold” rating in a report released on Monday,Zacks.com reports.

A number of other research analysts have also commented on F. Evercore ISI lowered their price objective on Ford Motor from $11.00 to $10.00 and set an “in-line” rating on the stock in a report on Monday. Wells Fargo & Company lowered their price target on Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a report on Thursday, February 6th. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Barclays lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Finally, JPMorgan Chase & Co. cut their target price on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research report on Friday, February 7th. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, Ford Motor currently has a consensus rating of “Hold” and an average target price of $11.89.

Ford Motor Price Performance

NYSE F opened at $9.24 on Monday. The company has a 50 day moving average price of $9.97 and a two-hundred day moving average price of $10.49. Ford Motor has a 12-month low of $9.10 and a 12-month high of $14.85. The stock has a market capitalization of $36.72 billion, a PE ratio of 6.33, a price-to-earnings-growth ratio of 1.80 and a beta of 1.63. The company has a quick ratio of 0.98, a current ratio of 1.16 and a debt-to-equity ratio of 2.31.

Ford Motor (NYSE:F) last released its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. As a group, equities analysts predict that Ford Motor will post 1.7 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in Ford Motor by 16.6% in the 4th quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer’s stock valued at $3,980,630,000 after buying an additional 57,182,803 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of Ford Motor by 5.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer’s stock worth $1,278,153,000 after acquiring an additional 6,497,321 shares during the period. Geode Capital Management LLC boosted its position in shares of Ford Motor by 2.5% during the 4th quarter. Geode Capital Management LLC now owns 84,078,284 shares of the auto manufacturer’s stock valued at $830,662,000 after acquiring an additional 2,089,127 shares in the last quarter. Norges Bank bought a new stake in Ford Motor in the fourth quarter valued at about $387,282,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Ford Motor by 2.7% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 24,347,303 shares of the auto manufacturer’s stock worth $257,108,000 after purchasing an additional 636,330 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

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.