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

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

A number of other analysts also recently weighed in on F. Wells Fargo & Company cut their price target on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a report on Thursday, February 6th. Bank of America cut their target price on Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a research note on Thursday, February 6th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $9.00 price target (down previously from $11.00) on shares of Ford Motor in a research note on Thursday. Barclays cut Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their price target for the stock from $13.00 to $11.00 in a report on Wednesday, January 22nd. Finally, Evercore ISI reduced their price objective on Ford Motor from $11.00 to $10.00 and set an “in-line” rating on the stock in a research note on Monday, February 10th. Five investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, Ford Motor presently has a consensus rating of “Hold” and a consensus price target of $10.50.

Ford Motor Price Performance

NYSE:F opened at $9.13 on Thursday. Ford Motor has a 52 week low of $8.44 and a 52 week high of $14.85. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The firm’s 50-day simple moving average is $9.60 and its 200 day simple moving average is $10.18. The firm has a market cap of $36.18 billion, a price-to-earnings ratio of 6.25, a P/E/G ratio of 0.61 and a beta of 1.41.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 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%. As a group, sell-side analysts predict that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were issued a $0.15 dividend. 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%.

Hedge Funds Weigh In On Ford Motor

A number of hedge funds have recently modified their holdings of the business. Franklin Resources Inc. lifted its stake in shares of Ford Motor by 29.8% in the third quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer’s stock worth $15,998,000 after acquiring an additional 336,720 shares during the period. NCP Inc. lifted its position in shares of Ford Motor by 62.0% in the 4th quarter. NCP Inc. now owns 74,520 shares of the auto manufacturer’s stock worth $738,000 after purchasing an additional 28,528 shares during the period. Principal Financial Group Inc. boosted its stake in shares of Ford Motor by 3.8% in the 3rd quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer’s stock valued at $46,408,000 after purchasing an additional 160,409 shares during the last quarter. Alberta Investment Management Corp increased its position in shares of Ford Motor by 87.1% during the fourth quarter. Alberta Investment Management Corp now owns 196,100 shares of the auto manufacturer’s stock worth $1,941,000 after buying an additional 91,300 shares during the period. Finally, CHURCHILL MANAGEMENT Corp bought a new position in Ford Motor during the fourth quarter worth $10,853,000. Institutional investors and hedge funds 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.