Ford Motor (NYSE:F) Upgraded to Hold at Wall Street Zen

Ford Motor (NYSE:F) was upgraded by investment analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a report released on Saturday.

Several other research firms have also commented on F. HSBC upped their price target on shares of Ford Motor from $9.80 to $12.80 and gave the company a “hold” rating in a research report on Tuesday, January 13th. Piper Sandler upgraded shares of Ford Motor from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $11.00 to $16.00 in a research report on Thursday, January 8th. Morgan Stanley upped their target price on shares of Ford Motor from $11.00 to $14.00 and gave the company an “equal weight” rating in a report on Monday, December 8th. JPMorgan Chase & Co. increased their price target on shares of Ford Motor from $14.00 to $15.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 21st. Finally, Zacks Research cut shares of Ford Motor from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. Four analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $13.29.

Ford Motor Stock Performance

F stock opened at $11.34 on Friday. The company has a debt-to-equity ratio of 2.95, a current ratio of 1.07 and a quick ratio of 0.94. Ford Motor has a 1 year low of $8.44 and a 1 year high of $14.80. The company has a market cap of $45.23 billion, a P/E ratio of -5.50, a price-to-earnings-growth ratio of 0.27 and a beta of 1.65. The stock’s fifty day moving average price is $13.12 and its 200-day moving average price is $12.92.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, February 11th. The auto manufacturer reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.07. The company had revenue of $45.89 billion during the quarter, compared to analysts’ expectations of $41.78 billion. Ford Motor had a positive return on equity of 10.16% and a negative net margin of 4.37%.Ford Motor’s revenue for the quarter was down 4.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.39 earnings per share. On average, equities analysts forecast that Ford Motor will post 1.47 earnings per share for the current year.

Insider Activity at Ford Motor

In other Ford Motor news, insider William Clay Ford, Jr. acquired 140,000 shares of the company’s stock in a transaction dated Thursday, February 19th. The stock was purchased at an average price of $13.82 per share, with a total value of $1,934,800.00. Following the completion of the purchase, the insider directly owned 3,912,600 shares in the company, valued at approximately $54,072,132. The trade was a 3.71% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.48% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in F. Norges Bank bought a new position in Ford Motor in the 4th quarter worth approximately $674,437,000. DLD Asset Management LP bought a new stake in shares of Ford Motor during the third quarter valued at approximately $299,000,000. Marshall Wace LLP raised its position in shares of Ford Motor by 712.7% during the second quarter. Marshall Wace LLP now owns 19,572,437 shares of the auto manufacturer’s stock valued at $212,361,000 after buying an additional 17,164,234 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of Ford Motor by 610.1% in the fourth quarter. AQR Capital Management LLC now owns 11,177,304 shares of the auto manufacturer’s stock worth $146,646,000 after buying an additional 9,603,267 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of Ford Motor by 26.9% during the fourth quarter. Bank of New York Mellon Corp now owns 38,153,383 shares of the auto manufacturer’s stock worth $500,572,000 after acquiring an additional 8,086,564 shares during the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

About Ford Motor

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.