Ford Motor (NYSE:F) Stock Price Down 1.1% After Analyst Downgrade

Ford Motor (NYSE:F - Get Free Report)'s stock price traded down 1.1% during mid-day trading on Wednesday after Piper Sandler lowered their price target on the stock from $9.00 to $8.50. Piper Sandler currently has a neutral rating on the stock. Ford Motor traded as low as $10.26 and last traded at $10.33. 20,952,413 shares traded hands during trading, a decline of 72% from the average session volume of 74,039,917 shares. The stock had previously closed at $10.44.

A number of other research analysts have also recently issued reports on F. Barclays lowered their price target on shares of Ford Motor from $10.00 to $8.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 15th. BNP Paribas upgraded Ford Motor to a "hold" rating in a research note on Monday, February 10th. Wolfe Research upgraded Ford Motor from an "underperform" rating to a "peer perform" rating in a research note on Wednesday, April 30th. Royal Bank of Canada reduced their price target on Ford Motor from $10.00 to $9.00 and set a "sector perform" rating for the company in a report on Thursday, February 6th. Finally, Wells Fargo & Company dropped their price target on shares of Ford Motor from $9.00 to $8.00 and set an "underweight" rating on the stock in a research note on Thursday, February 6th. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $10.00.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of F. Albion Financial Group UT lifted its stake in Ford Motor by 38.5% in the 4th quarter. Albion Financial Group UT now owns 3,600 shares of the auto manufacturer's stock valued at $36,000 after purchasing an additional 1,000 shares during the last quarter. Brighton Jones LLC lifted its stake in shares of Ford Motor by 5.4% in the fourth quarter. Brighton Jones LLC now owns 19,693 shares of the auto manufacturer's stock worth $195,000 after acquiring an additional 1,001 shares during the period. Angeles Wealth Management LLC increased its position in shares of Ford Motor by 1.3% during the fourth quarter. Angeles Wealth Management LLC now owns 80,728 shares of the auto manufacturer's stock worth $799,000 after buying an additional 1,024 shares during the period. Kovack Advisors Inc. raised its position in shares of Ford Motor by 1.7% in the 1st quarter. Kovack Advisors Inc. now owns 62,199 shares of the auto manufacturer's stock worth $624,000 after acquiring an additional 1,035 shares in the last quarter. Finally, Partners Wealth Management LLC lifted its position in shares of Ford Motor by 8.4% during the 1st quarter. Partners Wealth Management LLC now owns 13,903 shares of the auto manufacturer's stock valued at $139,000 after acquiring an additional 1,082 shares during the period. Hedge funds and other institutional investors own 58.74% of the company's stock.

Ford Motor Stock Up 1.7 %

The firm's fifty day moving average price is $9.81 and its two-hundred day moving average price is $10.06. The stock has a market cap of $41.42 billion, a price-to-earnings ratio of 7.16, a price-to-earnings-growth ratio of 0.61 and a beta of 1.53. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02.

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

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Monday, May 12th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.74%. The ex-dividend date is Monday, May 12th. Ford Motor's dividend payout ratio (DPR) 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.