Ford Motor (NYSE:F) Cut to “Moderate Sell” at Dbs Bank

Dbs Bank lowered shares of Ford Motor (NYSE:F) from a hold rating to a moderate sell rating in a report issued on Monday morning,Zacks.com reports.

A number of other analysts have also recently issued reports on the stock. The Goldman Sachs Group lifted their target price on shares of Ford Motor from $9.00 to $10.00 and gave the company a “neutral” rating in a research note on Tuesday, May 6th. Wolfe Research upgraded shares of Ford Motor from an “underperform” rating to a “peer perform” rating in a report on Wednesday, April 30th. UBS Group raised their target price on Ford Motor from $9.00 to $11.00 and gave the company a “neutral” rating in a report on Monday, July 14th. Sanford C. Bernstein cut Ford Motor from a “market perform” rating to an “underperform” rating and reduced their price target for the stock from $9.40 to $7.00 in a research report on Wednesday, April 9th. Finally, Citigroup increased their price objective on Ford Motor from $10.00 to $11.00 and gave the company a “neutral” rating in a report on Wednesday, May 7th. Three investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Ford Motor presently has an average rating of “Hold” and a consensus price target of $10.53.

Ford Motor Trading Up 1.6%

NYSE:F opened at $11.24 on Monday. The firm has a market capitalization of $44.68 billion, a P/E ratio of 14.40, a P/E/G ratio of 3.21 and a beta of 1.48. The business has a 50 day simple moving average of $10.96 and a 200 day simple moving average of $10.24. The company has a debt-to-equity ratio of 2.24, a current ratio of 1.10 and a quick ratio of 0.95. Ford Motor has a 12-month low of $8.44 and a 12-month high of $11.97.

Ford Motor (NYSE:F) last released its earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 EPS for the quarter, beating the consensus estimate of $0.33 by $0.04. Ford Motor had a net margin of 1.70% and a return on equity of 12.46%. The firm had revenue of $50.18 billion for the quarter, compared to analysts’ expectations of $42.91 billion. During the same quarter last year, the company earned $0.47 EPS. Ford Motor’s quarterly revenue was up 5.0% on a year-over-year basis. Equities research analysts predict that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Monday, August 11th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date of this dividend is Monday, August 11th. Ford Motor’s dividend payout ratio is presently 76.92%.

Insider Buying and Selling at Ford Motor

In other Ford Motor news, insider Andrew Frick sold 30,000 shares of Ford Motor stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $11.00, for a total value of $330,000.00. Following the completion of the transaction, the insider directly owned 113,939 shares of the company’s stock, valued at $1,253,329. The trade was a 20.84% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.48% of the company’s stock.

Institutional Investors Weigh In On Ford Motor

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Grove Bank & Trust grew its stake in shares of Ford Motor by 289.1% in the first quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer’s stock worth $25,000 after purchasing an additional 1,882 shares during the last quarter. Trust Co. of Toledo NA OH acquired a new position in Ford Motor during the 2nd quarter worth about $25,000. Elite Financial Inc. bought a new stake in shares of Ford Motor in the 1st quarter valued at about $27,000. Olde Wealth Management LLC acquired a new stake in shares of Ford Motor in the first quarter valued at about $28,000. Finally, MorganRosel Wealth Management LLC bought a new position in shares of Ford Motor during the first quarter worth about $30,000. 58.74% of the stock is owned by institutional investors.

Ford Motor Company Profile

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.