Ford Motor Company (NYSE:F) Receives Consensus Rating of “Hold” from Brokerages

Shares of Ford Motor Company (NYSE:F) have been given a consensus recommendation of “Hold” by the sixteen research firms that are currently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and five have given a buy rating to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $14.4143.

Several analysts have recently issued reports on F shares. Citigroup boosted their price target on shares of Ford Motor from $13.00 to $19.00 and gave the company a “neutral” rating in a research report on Monday, June 1st. Zacks Research lowered shares of Ford Motor from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. Wall Street Zen lowered shares of Ford Motor from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. TD Cowen lowered their price target on shares of Ford Motor from $14.00 to $13.00 and set a “hold” rating on the stock in a research report on Friday, May 1st. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Ford Motor in a research report on Friday, March 27th.

Institutional Trading of Ford Motor

A number of hedge funds and other institutional investors have recently bought and sold shares of F. Norges Bank purchased a new position in Ford Motor in the fourth quarter worth $674,437,000. DLD Asset Management LP purchased a new position in Ford Motor in the third quarter worth $299,000,000. Marshall Wace LLP grew its position in Ford Motor by 81.1% in the third quarter. Marshall Wace LLP now owns 35,438,722 shares of the auto manufacturer’s stock worth $423,847,000 after acquiring an additional 15,866,285 shares in the last quarter. AQR Capital Management LLC grew its position in 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 acquiring an additional 9,603,267 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its position in Ford Motor by 26.9% in 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 in the last quarter. Institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Performance

NYSE F opened at $14.31 on Thursday. The company’s 50 day moving average is $13.33 and its 200-day moving average is $13.26. Ford Motor has a 12-month low of $10.38 and a 12-month high of $17.78. The company has a quick ratio of 0.94, a current ratio of 1.09 and a debt-to-equity ratio of 2.84. The firm has a market cap of $57.00 billion, a P/E ratio of -9.23, a price-to-earnings-growth ratio of 0.33 and a beta of 1.79.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.48. Ford Motor had a negative net margin of 3.22% and a positive return on equity of 15.77%. The company had revenue of $43.25 billion for the quarter, compared to analyst estimates of $42.66 billion. During the same quarter in the previous year, the firm posted $0.14 earnings per share. The company’s quarterly revenue was up 6.4% compared to the same quarter last year. Sell-side analysts predict that Ford Motor will post 1.64 earnings per share for the current year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 12th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Tuesday, May 12th. Ford Motor’s dividend payout ratio is -38.71%.

Ford Motor Company Profile

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.