Ford Motor (NYSE:F) Trading Down 0.2% After Analyst Downgrade

Ford Motor (NYSE:F)’s share price traded down 0.2% on Tuesday after Evercore ISI lowered their price target on the stock from $11.00 to $10.00. Evercore ISI currently has an in-line rating on the stock. Ford Motor traded as low as $9.17 and last traded at $9.23. 15,229,325 shares traded hands during mid-day trading, a decline of 80% from the average session volume of 77,877,594 shares. The stock had previously closed at $9.24.

F has been the subject of several other research reports. Barclays lowered 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 research report on Wednesday, January 22nd. Bank of America reduced their price target on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a research report on Thursday, February 6th. Deutsche Bank Aktiengesellschaft lowered their price objective on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research report on Wednesday, October 30th. Wells Fargo & Company decreased their price target on Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a research note on Thursday, February 6th. Finally, Jefferies Financial Group cut Ford Motor from a “hold” rating to an “underperform” rating and dropped their price objective for the company from $12.00 to $9.00 in a research report on Monday, December 16th. Three analysts have rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $11.89.

Hedge Funds Weigh In On Ford Motor

Several large investors have recently modified their holdings of F. HUB Investment Partners LLC boosted its position in shares of Ford Motor by 12.1% during the fourth quarter. HUB Investment Partners LLC now owns 27,905 shares of the auto manufacturer’s stock valued at $276,000 after buying an additional 3,004 shares during the period. Teacher Retirement System of Texas lifted its stake in shares of Ford Motor by 23.2% during the 4th quarter. Teacher Retirement System of Texas now owns 1,647,903 shares of the auto manufacturer’s stock worth $16,314,000 after acquiring an additional 310,780 shares during the last quarter. Royal London Asset Management Ltd. boosted its holdings in Ford Motor by 2.1% during the 4th quarter. Royal London Asset Management Ltd. now owns 4,261,599 shares of the auto manufacturer’s stock valued at $42,190,000 after acquiring an additional 87,293 shares during the period. Kazazian Asset Management LLC bought a new position in Ford Motor in the 4th quarter valued at $152,000. Finally, North Forty Two & Co. purchased a new stake in Ford Motor in the fourth quarter worth $243,000. Institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Performance

The firm has a market capitalization of $36.70 billion, a P/E ratio of 6.32, a P/E/G ratio of 1.80 and a beta of 1.63. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 0.98. The firm has a 50-day moving average price of $10.03 and a two-hundred day moving average price of $10.51.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, topping analysts’ consensus estimates 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, analysts forecast that Ford Motor will post 1.7 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 6.50%. The ex-dividend date of this dividend is Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is presently 41.10%.

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.