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

Ford Motor (NYSE:F) had its price objective boosted by BNP Paribas Exane from $13.00 to $14.00 in a research note issued to investors on Tuesday morning,Benzinga reports. BNP Paribas Exane currently has a neutral rating on the auto manufacturer’s stock.

Other research analysts have also recently issued reports about the company. Citigroup boosted their target price on Ford Motor from $13.00 to $19.00 and gave the stock a “neutral” rating in a report on Monday, June 1st. Zacks Research raised Ford Motor from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 6th. The Goldman Sachs Group raised their target price on Ford Motor from $13.00 to $16.00 and gave the stock a “neutral” rating in a research note on Thursday, June 11th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $13.00 price target on shares of Ford Motor in a report on Friday, May 15th. Finally, TD Cowen cut their price objective on shares of Ford Motor from $14.00 to $13.00 and set a “hold” rating for the company in a research report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $14.72.

Ford Motor Trading Down 0.0%

Shares of F stock opened at $14.18 on Tuesday. Ford Motor has a fifty-two week low of $10.68 and a fifty-two week high of $17.78. The firm has a market capitalization of $56.48 billion, a P/E ratio of -9.15, a PEG ratio of 0.31 and a beta of 1.82. The stock’s fifty day moving average is $14.26 and its two-hundred day moving average is $13.40. The company has a debt-to-equity ratio of 2.84, a quick ratio of 0.94 and a current ratio of 1.09.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share for the quarter, topping 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 firm had revenue of $43.25 billion for the quarter, compared to the consensus estimate of $42.66 billion. During the same period last year, the firm posted $0.14 earnings per share. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. Research analysts expect that Ford Motor will post 1.64 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

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

Institutional Trading of Ford Motor

A number of institutional investors and hedge funds have recently added to or reduced their stakes in F. Maripau Wealth Management LLC lifted its stake in Ford Motor by 1.6% during the 1st quarter. Maripau Wealth Management LLC now owns 46,606 shares of the auto manufacturer’s stock worth $538,000 after acquiring an additional 749 shares in the last quarter. Parkside Financial Bank & Trust increased its stake in Ford Motor by 7.4% during the 4th quarter. Parkside Financial Bank & Trust now owns 10,999 shares of the auto manufacturer’s stock worth $144,000 after buying an additional 756 shares during the period. Robertson Stephens Wealth Management LLC increased its stake in Ford Motor by 1.8% during the 4th quarter. Robertson Stephens Wealth Management LLC now owns 42,683 shares of the auto manufacturer’s stock worth $560,000 after buying an additional 761 shares during the period. CRA Financial Services LLC lifted its holdings in Ford Motor by 4.4% during the 4th quarter. CRA Financial Services LLC now owns 18,327 shares of the auto manufacturer’s stock worth $240,000 after buying an additional 775 shares in the last quarter. Finally, Southern Financial Group LLC grew its stake in shares of Ford Motor by 2.3% in the first quarter. Southern Financial Group LLC now owns 34,714 shares of the auto manufacturer’s stock worth $401,000 after acquiring an additional 776 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

About Ford Motor

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.