Ford Motor (NYSE:F) Stock Rating Upgraded by Wall Street Zen

Ford Motor (NYSE:F) was upgraded by stock analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a note issued to investors on Saturday.

F has been the topic of a number of other research reports. Royal Bank Of Canada reiterated a “sector perform” rating and set a $12.00 target price on shares of Ford Motor in a report on Wednesday, February 11th. Weiss Ratings restated a “buy (b-)” rating on shares of Ford Motor in a research note on Monday, December 22nd. Piper Sandler raised Ford Motor from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $11.00 to $16.00 in a research note on Thursday, January 8th. Evercore increased their price objective on Ford Motor from $12.00 to $14.00 and gave the stock an “in-line” rating in a report on Monday, December 22nd. Finally, JPMorgan Chase & Co. raised their price objective on Ford Motor from $14.00 to $15.00 and gave the company an “overweight” rating in a research report on Wednesday, January 21st. Four equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $13.29.

Ford Motor Trading Down 2.3%

Shares of F opened at $11.34 on Friday. The firm’s 50-day moving average price is $13.12 and its 200-day moving average price is $12.92. The firm has a market capitalization of $45.23 billion, a price-to-earnings ratio of -5.50, a PEG ratio of 0.27 and a beta of 1.65. The company has a current ratio of 1.07, a quick ratio of 0.94 and a debt-to-equity ratio of 2.95. Ford Motor has a 1-year low of $8.44 and a 1-year high of $14.80.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, February 11th. The auto manufacturer reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.06 by $0.07. Ford Motor had a negative net margin of 4.37% and a positive return on equity of 10.16%. The company had revenue of $45.89 billion during the quarter, compared to the consensus estimate of $41.78 billion. During the same period in the prior year, the firm earned $0.39 earnings per share. Ford Motor’s revenue was down 4.8% on a year-over-year basis. Sell-side analysts anticipate that Ford Motor will post 1.47 EPS for the current year.

Insider Buying and Selling

In other news, insider William Clay Ford, Jr. acquired 140,000 shares of Ford Motor stock in a transaction on Thursday, February 19th. The stock was acquired at an average cost of $13.82 per share, for a total transaction of $1,934,800.00. Following the purchase, the insider owned 3,912,600 shares in the company, valued at $54,072,132. This trade represents a 3.71% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.48% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Caprock Group LLC bought a new position in Ford Motor during the 3rd quarter valued at about $893,000. Versor Investments LP bought a new stake in shares of Ford Motor in the third quarter worth approximately $2,187,000. Quantbot Technologies LP grew its stake in shares of Ford Motor by 91.6% in the third quarter. Quantbot Technologies LP now owns 179,619 shares of the auto manufacturer’s stock worth $2,148,000 after acquiring an additional 85,848 shares during the period. National Pension Service raised its holdings in shares of Ford Motor by 6.7% during the third quarter. National Pension Service now owns 8,099,060 shares of the auto manufacturer’s stock valued at $96,865,000 after purchasing an additional 510,426 shares during the last quarter. Finally, MASTERINVEST Kapitalanlage GmbH lifted its position in Ford Motor by 180.9% during the third quarter. MASTERINVEST Kapitalanlage GmbH now owns 200,670 shares of the auto manufacturer’s stock valued at $2,400,000 after purchasing an additional 129,228 shares during the period. 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.