Ford Motor Company (NYSE:F) has been given an average rating of “Hold” by the twenty-six ratings firms that are covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and eight 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 $12.81.
Several research analysts have recently weighed in on the stock. Buckingham Research restated a “hold” rating and issued a $11.00 target price on shares of Ford Motor in a research note on Thursday, August 24th. Zacks Investment Research raised shares of Ford Motor from a “hold” rating to a “buy” rating and set a $14.00 target price on the stock in a report on Tuesday, October 31st. Jefferies Group reissued a “hold” rating and set a $12.00 target price on shares of Ford Motor in a report on Sunday, September 10th. FIG Partners reissued a “hold” rating on shares of Ford Motor in a report on Monday, October 9th. Finally, Piper Jaffray Companies set a $14.00 price objective on shares of Ford Motor and gave the stock a “buy” rating in a report on Monday, October 16th.
In other news, insider Steven R. Armstrong sold 22,076 shares of the stock in a transaction on Wednesday, October 4th. The stock was sold at an average price of $12.37, for a total transaction of $273,080.12. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Steven R. Armstrong sold 10,752 shares of the firm’s stock in a transaction dated Wednesday, December 6th. The shares were sold at an average price of $12.32, for a total value of $132,464.64. Following the completion of the sale, the insider now directly owns 101,159 shares in the company, valued at $1,246,278.88. The disclosure for this sale can be found here. In the last quarter, insiders have sold 76,828 shares of company stock worth $943,045. Company insiders own 1.08% of the company’s stock.
Several institutional investors and hedge funds have recently modified their holdings of the company. Parametric Portfolio Associates LLC raised its stake in shares of Ford Motor by 12.7% in the third quarter. Parametric Portfolio Associates LLC now owns 6,691,464 shares of the auto manufacturer’s stock valued at $80,097,000 after buying an additional 752,818 shares during the period. AXA raised its stake in shares of Ford Motor by 51.7% during the 3rd quarter. AXA now owns 981,984 shares of the auto manufacturer’s stock valued at $11,754,000 after purchasing an additional 334,721 shares during the period. Steward Partners Investment Advisory LLC bought a new stake in shares of Ford Motor during the 3rd quarter valued at $1,126,000. Public Employees Retirement System of Ohio raised its stake in shares of Ford Motor by 0.4% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 2,677,181 shares of the auto manufacturer’s stock valued at $32,046,000 after purchasing an additional 9,942 shares during the period. Finally, Coastline Trust Co raised its stake in shares of Ford Motor by 17.4% during the 3rd quarter. Coastline Trust Co now owns 43,050 shares of the auto manufacturer’s stock valued at $515,000 after purchasing an additional 6,370 shares during the period. Institutional investors own 53.78% of the company’s stock.
Shares of Ford Motor (NYSE:F) traded up $0.12 during trading hours on Friday, reaching $12.59. 8,545,377 shares of the company traded hands, compared to its average volume of 37,670,082. Ford Motor has a 12-month low of $10.47 and a 12-month high of $13.27. The company has a debt-to-equity ratio of 2.94, a current ratio of 1.19 and a quick ratio of 1.08. The firm has a market cap of $50,170.18, a price-to-earnings ratio of 7.52, a P/E/G ratio of 0.65 and a beta of 1.24.
Ford Motor (NYSE:F) last issued its earnings results on Thursday, October 26th. The auto manufacturer reported $0.43 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.33 by $0.10. The business had revenue of $33.65 billion for the quarter, compared to the consensus estimate of $32.80 billion. Ford Motor had a net margin of 2.91% and a return on equity of 21.62%. The business’s quarterly revenue was up .9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.26 earnings per share. research analysts anticipate that Ford Motor will post 1.81 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, December 1st. Stockholders of record on Monday, October 23rd were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.77%. The ex-dividend date was Friday, October 20th. Ford Motor’s dividend payout ratio is currently 54.55%.
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Ford Motor Company Profile
Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.
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