Ford Motor (NYSE:F) Downgraded by StockNews.com to Sell

StockNews.com downgraded shares of Ford Motor (NYSE:F) from a hold rating to a sell rating in a report issued on Thursday morning.

F has been the topic of a number of other reports. Sanford C. Bernstein lowered shares of Ford Motor from a “market perform” rating to an “underperform” rating and dropped their price objective for the company from $9.40 to $7.00 in a research note on Wednesday. Jefferies Financial Group cut shares of Ford Motor from a “hold” rating to an “underperform” rating and dropped their price target for the company from $12.00 to $9.00 in a research report on Monday, December 16th. UBS Group decreased their price objective on Ford Motor from $10.00 to $9.00 and set a “neutral” rating for the company in a report on Thursday. Piper Sandler dropped their target price on Ford Motor from $13.00 to $9.00 and set a “neutral” rating on the stock in a report on Thursday, March 20th. Finally, The Goldman Sachs Group reiterated a “neutral” rating and set a $9.00 price target (down previously from $11.00) on shares of Ford Motor in a report on Thursday. Five analysts have rated the stock with a sell rating, ten have given a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, Ford Motor presently has an average rating of “Hold” and an average target price of $10.50.

Ford Motor Stock Performance

NYSE:F opened at $9.13 on Thursday. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. Ford Motor has a twelve month low of $8.44 and a twelve month high of $14.85. The company has a fifty day moving average of $9.60 and a 200-day moving average of $10.18. The firm has a market capitalization of $36.18 billion, a P/E ratio of 6.25, a P/E/G ratio of 0.61 and a beta of 1.41.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share 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, sell-side analysts anticipate that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were issued a dividend of $0.15 per share. The ex-dividend date was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a yield of 6.57%. Ford Motor’s dividend payout ratio (DPR) is presently 41.10%.

Institutional Investors Weigh In On Ford Motor

A number of hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. raised its stake 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 acquiring an additional 57,182,803 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of Ford Motor by 5.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer’s stock worth $1,278,153,000 after purchasing an additional 6,497,321 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Ford Motor by 2.5% in the fourth quarter. Geode Capital Management LLC now owns 84,078,284 shares of the auto manufacturer’s stock valued at $830,662,000 after purchasing an additional 2,089,127 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Ford Motor by 11.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 46,508,882 shares of the auto manufacturer’s stock valued at $460,444,000 after purchasing an additional 4,925,993 shares during the period. Finally, Norges Bank bought a new position in Ford Motor in the 4th quarter worth approximately $387,282,000. 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.