Shares of Ford Motor (NYSE:F - Get Free Report) hit a new 52-week low during trading on Tuesday . The company traded as low as $9.09 and last traded at $9.17, with a volume of 6587985 shares traded. The stock had previously closed at $9.39.
Analyst Upgrades and Downgrades
A number of research firms have weighed in on F. Evercore ISI cut their price target 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. Sanford C. Bernstein lowered Ford Motor from an "outperform" rating to a "market perform" rating and set a $11.00 target price on the stock. in a research report on Thursday, November 7th. Wolfe Research restated an "underperform" rating on shares of Ford Motor in a research note on Thursday, December 5th. Bank of America dropped their price target on shares of Ford Motor from $19.00 to $15.50 and set a "buy" rating on the stock in a research note on Thursday, February 6th. Finally, Jefferies Financial Group downgraded shares of Ford Motor from a "hold" rating to an "underperform" rating and reduced their price objective for the stock from $12.00 to $9.00 in a research report on Monday, December 16th. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, Ford Motor presently has an average rating of "Hold" and an average target price of $11.77.
View Our Latest Stock Analysis on F
Ford Motor Stock Up 3.1 %
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 firm's 50 day moving average price is $9.72 and its two-hundred day moving average price is $10.39. The firm has a market cap of $39.26 billion, a price-to-earnings ratio of 6.78, a P/E/G ratio of 0.61 and a beta of 1.63.
Ford Motor (NYSE:F - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, topping analysts' consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. As a group, sell-side analysts forecast that Ford Motor will post 1.47 earnings per share for the current fiscal year.
Ford Motor Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given 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 6.06%. Ford Motor's dividend payout ratio (DPR) is 41.10%.
Institutional Trading of Ford Motor
Several hedge funds have recently made changes to their positions in F. Vanguard Group Inc. lifted its position in Ford Motor by 16.6% in the fourth quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer's stock valued at $3,980,630,000 after purchasing an additional 57,182,803 shares during the period. Norges Bank acquired a new position in Ford Motor during the 4th quarter worth approximately $387,282,000. Jacobs Levy Equity Management Inc. raised its stake in shares of Ford Motor by 88.0% during the 4th quarter. Jacobs Levy Equity Management Inc. now owns 22,512,285 shares of the auto manufacturer's stock worth $222,872,000 after buying an additional 10,535,335 shares in the last quarter. Voloridge Investment Management LLC lifted its holdings in shares of Ford Motor by 2,905.1% in the 4th quarter. Voloridge Investment Management LLC now owns 7,989,463 shares of the auto manufacturer's stock valued at $79,096,000 after buying an additional 7,723,601 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Ford Motor by 5.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer's stock valued at $1,278,153,000 after buying an additional 6,497,321 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company's stock.
About Ford Motor
(
Get Free Report)
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.
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