Ford Motor (NYSE:F) Cut to “Sell” at Wall Street Zen

Ford Motor (NYSE:F) was downgraded by stock analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report released on Sunday.

Several other research firms have also recently weighed in on F. Royal Bank Of Canada restated a “sector perform” rating and issued a $12.00 price objective on shares of Ford Motor in a research report on Wednesday, February 11th. TD Cowen increased their price target on shares of Ford Motor from $13.00 to $15.00 and gave the stock a “hold” rating in a report on Tuesday, January 13th. Barclays raised their price objective on shares of Ford Motor from $12.00 to $13.00 and gave the company an “equal weight” rating in a research report on Friday, January 23rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ford Motor in a report on Friday, March 27th. Finally, HSBC upped their target price on shares of Ford Motor from $9.80 to $12.80 and gave the stock a “hold” rating in a research report on Tuesday, January 13th. Four investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $13.22.

Ford Motor Stock Down 0.1%

Shares of NYSE:F opened at $11.59 on Friday. The company has a market cap of $46.22 billion, a price-to-earnings ratio of -5.62, a PEG ratio of 0.27 and a beta of 1.70. Ford Motor has a one year low of $8.44 and a one year high of $14.80. The firm has a fifty day moving average price of $12.91 and a two-hundred day moving average price of $12.92. The company has a debt-to-equity ratio of 2.95, a current ratio of 1.07 and a quick ratio of 0.94.

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

Insider Activity

In related news, insider William Clay Ford, Jr. purchased 140,000 shares of Ford Motor stock in a transaction that occurred on Thursday, February 19th. The shares were acquired at an average price of $13.82 per share, with a total value of $1,934,800.00. Following the completion of the transaction, the insider directly owned 3,912,600 shares of the company’s stock, valued at $54,072,132. This represents a 3.71% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.48% of the company’s stock.

Institutional Investors Weigh In On Ford Motor

A number of large investors have recently bought and sold shares of the company. Corsicana & Co. acquired a new stake in shares of Ford Motor during the 3rd quarter worth approximately $25,000. Grove Bank & Trust grew its position in Ford Motor by 110.7% during the 4th quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock worth $25,000 after acquiring an additional 1,000 shares during the last quarter. MV Capital Management Inc. bought a new position in Ford Motor in the fourth quarter valued at about $25,000. Olistico Wealth LLC acquired a new stake in shares of Ford Motor during the fourth quarter valued at about $26,000. Finally, McMillan Office Inc. bought a new stake in shares of Ford Motor during the fourth quarter worth about $26,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

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.