Ford Motor (NYSE:F) Given Consensus Rating of “Reduce” by Brokerages

Ford Motor (NYSE:F) has been given an average rating of “Reduce” by the seventeen research firms that are currently covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $10.30.

A number of research analysts have recently commented on F shares. Wells Fargo & Company cut their target price on Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a research note on Thursday, February 6th. JPMorgan Chase & Co. reduced their target price on Ford Motor from $13.00 to $11.00 and set an “overweight” rating on the stock in a research note on Thursday, March 27th. TD Cowen started coverage on shares of Ford Motor in a research note on Friday, March 7th. They set a “hold” rating and a $10.00 target price for the company. UBS Group lowered their price objective on shares of Ford Motor from $10.00 to $9.00 and set a “neutral” rating for the company in a research report on Thursday, April 10th. Finally, Barclays lowered their price target on Ford Motor from $10.00 to $8.00 and set an “equal weight” rating for the company in a report on Tuesday.

Ford Motor Stock Performance

NYSE F opened at $9.41 on Friday. The business has a 50 day simple moving average of $9.58 and a two-hundred day simple moving average of $10.15. Ford Motor has a 1-year low of $8.44 and a 1-year high of $14.85. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. The stock has a market capitalization of $37.30 billion, a PE ratio of 6.45, a P/E/G ratio of 0.61 and a beta of 1.41.

Ford Motor (NYSE:F) last released its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping 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%. On average, research analysts predict that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders 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 annualized dividend and a yield of 6.38%. Ford Motor’s dividend payout ratio is presently 41.10%.

Hedge Funds Weigh In On Ford Motor

Hedge funds and other institutional investors have recently made changes to their positions in the business. Sunbelt Securities Inc. boosted its holdings in shares of Ford Motor by 21.4% in the third quarter. Sunbelt Securities Inc. now owns 40,674 shares of the auto manufacturer’s stock worth $430,000 after buying an additional 7,175 shares during the period. Virtu Financial LLC purchased a new stake in Ford Motor in the 3rd quarter worth approximately $1,045,000. Sculati Wealth Management LLC boosted its stake in shares of Ford Motor by 4.7% during the 3rd quarter. Sculati Wealth Management LLC now owns 37,774 shares of the auto manufacturer’s stock valued at $399,000 after buying an additional 1,709 shares during the period. World Investment Advisors LLC grew its holdings in shares of Ford Motor by 31.8% during the 3rd quarter. World Investment Advisors LLC now owns 33,168 shares of the auto manufacturer’s stock valued at $350,000 after acquiring an additional 8,000 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of Ford Motor in the third quarter worth $192,000. 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.