Brokerages Set Ford Motor Company (NYSE:F) Target Price at $10.03

Ford Motor Company (NYSE:F - Get Free Report) has received a consensus rating of "Reduce" from the seventeen research firms that are currently covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have assigned a buy rating to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $10.03.

A number of research firms have recently commented on F. Barclays boosted their target price on shares of Ford Motor from $8.00 to $9.00 and gave the stock an "equal weight" rating in a research note on Tuesday, May 6th. TD Cowen initiated coverage on Ford Motor in a research note on Friday, March 7th. They set a "hold" rating and a $10.00 price objective for the company. Citigroup increased their target price on Ford Motor from $10.00 to $11.00 and gave the company a "neutral" rating in a report on Wednesday, May 7th. JPMorgan Chase & Co. lifted their price target on Ford Motor from $11.00 to $12.00 and gave the stock an "overweight" rating in a research note on Thursday, May 1st. Finally, Wall Street Zen raised Ford Motor from a "sell" rating to a "hold" rating in a research note on Saturday, June 14th.

Hedge Funds Weigh In On Ford Motor

Institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. grew its position in shares of 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 buying an additional 57,182,803 shares during the last quarter. Pacer Advisors Inc. boosted its stake in Ford Motor by 6,915.1% in the first quarter. Pacer Advisors Inc. now owns 49,078,048 shares of the auto manufacturer's stock valued at $492,253,000 after acquiring an additional 48,378,444 shares in the last quarter. Norges Bank acquired a new position in Ford Motor in the fourth quarter valued at $387,282,000. Nuveen LLC purchased a new position in shares of Ford Motor during the first quarter worth about $123,147,000. Finally, Charles Schwab Investment Management Inc. increased its position in shares of Ford Motor by 8.5% during the first quarter. Charles Schwab Investment Management Inc. now owns 140,053,906 shares of the auto manufacturer's stock worth $1,404,741,000 after purchasing an additional 10,947,527 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company's stock.

Ford Motor Stock Performance

NYSE F traded up $0.18 on Thursday, hitting $10.81. 181,959,522 shares of the company's stock traded hands, compared to its average volume of 81,877,362. The firm's 50-day moving average price is $10.34 and its two-hundred day moving average price is $9.96. The firm has a market capitalization of $42.99 billion, a PE ratio of 8.65, a P/E/G ratio of 0.90 and a beta of 1.50. The company has a current ratio of 1.13, a quick ratio of 0.97 and a debt-to-equity ratio of 2.26. Ford Motor has a 1-year low of $8.44 and a 1-year high of $14.85.

Ford Motor (NYSE:F - Get Free Report) last issued its quarterly earnings data on Monday, May 5th. The auto manufacturer reported $0.14 EPS for the quarter, topping analysts' consensus estimates of ($0.02) by $0.16. Ford Motor had a net margin of 2.74% and a return on equity of 13.49%. The business had revenue of $40.66 billion for the quarter, compared to analysts' expectations of $35.99 billion. During the same quarter last year, the company earned $0.49 EPS. The business's revenue was down 6.2% on a year-over-year basis. As a group, analysts expect that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Monday, May 12th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 5.55%. The ex-dividend date of this dividend was Monday, May 12th. Ford Motor's payout ratio is presently 48.00%.

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.