Ford Motor (NYSE:F) Price Target Raised to $14.00 at UBS Group

Ford Motor (NYSE:F) had its price target boosted by UBS Group from $13.00 to $14.00 in a research report report published on Thursday, Benzinga reports. They currently have a neutral rating on the auto manufacturer’s stock.

Several other equities analysts have also commented on F. Barclays upped their target price on Ford Motor from $15.00 to $16.00 and gave the company an overweight rating in a research note on Thursday, April 11th. Redburn Atlantic initiated coverage on shares of Ford Motor in a report on Wednesday, January 24th. They set a sell rating and a $10.00 price objective on the stock. Royal Bank of Canada restated a sector perform rating and issued a $12.00 target price on shares of Ford Motor in a report on Wednesday, February 7th. Piper Sandler began coverage on shares of Ford Motor in a research note on Friday, March 15th. They set a neutral rating and a $13.00 price target on the stock. Finally, Citigroup boosted their price objective on shares of Ford Motor from $15.00 to $16.00 and gave the company a buy rating in a research note on Wednesday, February 7th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of Hold and an average target price of $14.02.

Ford Motor Stock Down 1.9 %

F stock opened at $12.79 on Thursday. The company has a debt-to-equity ratio of 2.32, a current ratio of 1.17 and a quick ratio of 1.04. Ford Motor has a 12 month low of $9.63 and a 12 month high of $15.42. The firm has a market capitalization of $50.82 billion, a PE ratio of 13.19, a P/E/G ratio of 0.99 and a beta of 1.63. The company’s 50 day simple moving average is $12.62 and its 200-day simple moving average is $11.78.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, April 24th. The auto manufacturer reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.07. The business had revenue of $42.78 billion for the quarter, compared to analyst estimates of $42.93 billion. Ford Motor had a return on equity of 17.63% and a net margin of 2.21%. The business’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.63 earnings per share. Equities analysts expect that Ford Motor will post 1.94 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 3rd. Investors of record on Wednesday, May 8th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, May 7th. This represents a $0.60 annualized dividend and a dividend yield of 4.69%. Ford Motor’s payout ratio is currently 61.86%.

Insiders Place Their Bets

In related news, CAO Mark Kosman sold 26,898 shares of the firm’s stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $12.53, for a total transaction of $337,031.94. Following the completion of the sale, the chief accounting officer now directly owns 7,102 shares of the company’s stock, valued at approximately $88,988.06. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.80% of the stock is owned by company insiders.

Institutional Trading of Ford Motor

Several institutional investors have recently added to or reduced their stakes in F. Whittier Trust Co. of Nevada Inc. raised its stake in Ford Motor by 835.9% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 2,059 shares of the auto manufacturer’s stock valued at $25,000 after buying an additional 1,839 shares in the last quarter. Fortis Group Advisors LLC raised its position in shares of Ford Motor by 100.0% during the 4th quarter. Fortis Group Advisors LLC now owns 2,172 shares of the auto manufacturer’s stock valued at $26,000 after acquiring an additional 1,086 shares in the last quarter. Milestone Investment Advisors LLC bought a new position in Ford Motor during the third quarter worth $27,000. Voisard Asset Management Group Inc. acquired a new position in Ford Motor in the fourth quarter worth $27,000. Finally, Financial Synergies Wealth Advisors Inc. increased its stake in Ford Motor by 1,997.9% during the first quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock valued at $27,000 after purchasing an additional 1,938 shares during the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

About Ford Motor

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.