Ford Motor (NYSE:F) Given Consensus Rating of “Hold” by Brokerages

Shares of Ford Motor (NYSE:F – Get Rating) have been given an average recommendation of “Hold” by the twenty-five ratings firms that are covering the company, Marketbeat.com reports. Four analysts have rated the stock with a sell rating, ten have given a hold rating and six have issued a buy rating on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $18.76.

Several research analysts have recently issued reports on the company. JPMorgan Chase & Co. cut their price target on Ford Motor from $22.00 to $21.00 in a research note on Monday, April 25th. Wells Fargo & Company downgraded Ford Motor from an “overweight” rating to an “underweight” rating and cut their price target for the stock from $24.00 to $12.00 in a research note on Wednesday, May 11th. Exane BNP Paribas assumed coverage on Ford Motor in a research note on Monday, April 11th. They set an “outperform” rating for the company. Berenberg Bank assumed coverage on Ford Motor in a research note on Tuesday, May 10th. They set a “hold” rating and a $17.00 price target for the company. Finally, Benchmark dropped their price objective on Ford Motor from $29.00 to $25.00 in a research report on Monday, May 2nd.

In related news, insider Ashwani Kumar Galhotra sold 25,892 shares of the stock in a transaction dated Tuesday, May 24th. The stock was sold at an average price of $12.41, for a total value of $321,319.72. Following the completion of the sale, the insider now directly owns 511,605 shares of the company’s stock, valued at approximately $6,349,018.05. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider William Clay Ford, Jr. bought 267,697 shares of the company’s stock in a transaction on Thursday, March 24th. The stock was purchased at an average cost of $16.81 per share, for a total transaction of $4,499,986.57. The disclosure for this purchase can be found here. Over the last three months, insiders sold 15,025,892 shares of company stock valued at $402,881,320. Company insiders own 0.90% of the company’s stock.

A number of hedge funds have recently modified their holdings of F. Sound Income Strategies LLC increased its position in Ford Motor by 2.5% during the fourth quarter. Sound Income Strategies LLC now owns 19,341 shares of the auto manufacturer’s stock worth $402,000 after buying an additional 464 shares during the last quarter. Detalus Advisors LLC grew its position in shares of Ford Motor by 3.6% in the fourth quarter. Detalus Advisors LLC now owns 14,490 shares of the auto manufacturer’s stock valued at $301,000 after purchasing an additional 500 shares during the last quarter. Ridgecrest Wealth Partners LLC grew its position in shares of Ford Motor by 2.5% in the fourth quarter. Ridgecrest Wealth Partners LLC now owns 20,600 shares of the auto manufacturer’s stock valued at $428,000 after purchasing an additional 500 shares during the last quarter. Acropolis Investment Management LLC grew its position in shares of Ford Motor by 5.0% in the fourth quarter. Acropolis Investment Management LLC now owns 10,784 shares of the auto manufacturer’s stock valued at $224,000 after purchasing an additional 512 shares during the last quarter. Finally, 44 Wealth Management LLC grew its position in shares of Ford Motor by 5.0% in the fourth quarter. 44 Wealth Management LLC now owns 10,933 shares of the auto manufacturer’s stock valued at $227,000 after purchasing an additional 525 shares during the last quarter. 52.35% of the stock is currently owned by institutional investors.

Ford Motor stock opened at $13.63 on Friday. Ford Motor has a one year low of $12.07 and a one year high of $25.87. The company has a debt-to-equity ratio of 1.94, a quick ratio of 1.01 and a current ratio of 1.17. The business has a fifty day moving average of $14.87 and a two-hundred day moving average of $17.98. The company has a market cap of $54.79 billion, a P/E ratio of 4.80, a price-to-earnings-growth ratio of 2.23 and a beta of 1.15.

Ford Motor (NYSE:F – Get Rating) last released its earnings results on Wednesday, April 27th. The auto manufacturer reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.01). Ford Motor had a net margin of 8.57% and a return on equity of 12.46%. The business had revenue of $32.11 billion during the quarter, compared to analyst estimates of $30.39 billion. During the same period last year, the business posted $0.89 EPS. Sell-side analysts predict that Ford Motor will post 1.92 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 1st. Investors of record on Tuesday, April 26th will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 2.93%. The ex-dividend date is Monday, April 25th. Ford Motor’s dividend payout ratio is currently 14.08%.

Ford Motor Company Profile (Get Rating)

Ford Motor Company designs, manufactures, markets, and services a range of Ford trucks, cars, sport utility vehicles, electrified vehicles, and Lincoln luxury vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment 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.

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