Ford Motor (NYSE:F) Price Target Raised to $9.00 at Barclays

Ford Motor (NYSE:F - Free Report) had its price target hoisted by Barclays from $8.00 to $9.00 in a report published on Tuesday morning,Benzinga reports. The firm currently has an equal weight rating on the auto manufacturer's stock.

F has been the topic of a number of other reports. Wells Fargo & Company decreased their target price on Ford Motor from $9.00 to $8.00 and set an "underweight" rating on the stock in a report on Thursday, February 6th. The Goldman Sachs Group increased their price objective on shares of Ford Motor from $9.00 to $10.00 and gave the company a "neutral" rating in a research report on Tuesday. BNP Paribas raised shares of Ford Motor to a "hold" rating in a report on Monday, February 10th. Piper Sandler lowered their price target on shares of Ford Motor from $9.00 to $8.50 and set a "neutral" rating on the stock in a report on Tuesday. Finally, Sanford C. Bernstein cut Ford Motor from a "market perform" rating to an "underperform" rating and reduced their price objective for the stock from $9.40 to $7.00 in a report on Wednesday, April 9th. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $10.00.

Ford Motor Stock Up 1.4 %

Shares of Ford Motor stock traded up $0.14 during trading on Tuesday, reaching $10.42. The stock had a trading volume of 50,924,934 shares, compared to its average volume of 74,695,935. The company has a market capitalization of $41.30 billion, a price-to-earnings ratio of 7.14, a P/E/G ratio of 0.61 and a beta of 1.53. The stock has a fifty day moving average price of $9.79 and a two-hundred day moving average price of $10.07. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. Ford Motor has a 52 week low of $8.44 and a 52 week high of $14.85.

Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings data on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share for the quarter, beating the consensus estimate of ($0.02) by $0.16. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. The company had revenue of $40.66 billion during the quarter, compared to analysts' expectations of $35.99 billion. During the same quarter last year, the company earned $0.49 EPS. Ford Motor's revenue for the quarter was down 6.2% compared to the same quarter last year. Sell-side analysts predict that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Monday, May 12th will be given a $0.15 dividend. The ex-dividend date is Monday, May 12th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.76%. Ford Motor's dividend payout ratio (DPR) is currently 48.00%.

Hedge Funds Weigh In On Ford Motor

Institutional investors and hedge funds have recently modified their holdings of the business. Grove Bank & Trust grew its stake in Ford Motor by 289.1% in the first quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer's stock valued at $25,000 after acquiring an additional 1,882 shares during the period. Hager Investment Management Services LLC acquired a new stake in Ford Motor in the 4th quarter valued at $26,000. Elite Financial Inc. bought a new stake in Ford Motor during the 1st quarter valued at $27,000. Olde Wealth Management LLC acquired a new position in Ford Motor during the first quarter worth $28,000. Finally, Bank of Jackson Hole Trust bought a new position in shares of Ford Motor in the fourth quarter valued at $29,000. 58.74% of the stock is currently owned by institutional investors.

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.