Ford Motor (NYSE:F – Free Report) had its price objective hoisted by Citigroup from $15.00 to $16.00 in a research report released on Wednesday morning, Benzinga reports. The firm currently has a buy rating on the auto manufacturer’s stock.
A number of other analysts have also recently weighed in on F. BNP Paribas cut Ford Motor from an outperform rating to a neutral rating and set a $12.00 price objective for the company. in a research report on Wednesday, December 13th. Royal Bank of Canada reaffirmed a sector perform rating and set a $12.00 price objective on shares of Ford Motor in a report on Wednesday. UBS Group downgraded Ford Motor from a buy rating to a neutral rating and set a $12.00 price target for the company. in a research report on Wednesday, January 17th. Barclays raised Ford Motor from an equal weight rating to an overweight rating and set a $14.00 price target for the company in a research report on Wednesday, November 1st. Finally, Redburn Atlantic assumed coverage on Ford Motor in a research report on Wednesday, January 24th. They issued a sell rating and a $10.00 price objective for the company. One research analyst has rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of Hold and an average target price of $13.74.
Ford Motor Trading Down 1.2 %
Ford Motor (NYSE:F – Get Free Report) last released its quarterly earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.17. The firm had revenue of $43.21 billion for the quarter, compared to the consensus estimate of $43.06 billion. Ford Motor had a return on equity of 18.95% and a net margin of 2.47%. The firm’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.51 EPS. As a group, equities research analysts expect that Ford Motor will post 1.78 EPS for the current fiscal year.
Ford Motor Dividend Announcement
The company also recently announced a Variable dividend, which will be paid on Friday, March 1st. Shareholders of record on Friday, February 16th will be issued a dividend of $0.33 per share. This represents a yield of 4.7%. The ex-dividend date is Thursday, February 15th. Ford Motor’s dividend payout ratio is presently 55.56%.
Insiders Place Their Bets
In related news, insider John Douglas Field purchased 182,000 shares of the company’s stock in a transaction dated Friday, December 8th. The shares were acquired at an average cost of $11.05 per share, for a total transaction of $2,011,100.00. Following the transaction, the insider now owns 720,176 shares of the company’s stock, valued at $7,957,944.80. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.80% of the stock is currently owned by company insiders.
Institutional Trading of Ford Motor
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Whittier Trust Co. of Nevada Inc. increased its position in Ford Motor by 835.9% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 2,059 shares of the auto manufacturer’s stock valued at $25,000 after acquiring an additional 1,839 shares during the period. Headlands Technologies LLC acquired a new stake in Ford Motor in the 2nd quarter valued at approximately $26,000. Milestone Investment Advisors LLC acquired a new stake in Ford Motor in the 3rd quarter valued at approximately $27,000. Quarry LP bought a new position in Ford Motor during the 2nd quarter valued at $28,000. Finally, Peoples Bank KS bought a new position in Ford Motor during the 3rd quarter valued at $29,000. 52.73% of the stock is currently owned by institutional investors and hedge funds.
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.
- Five stocks we like better than Ford Motor
- Following Congress Stock Trades
- Cloudflare results spark analysts reset: 25% upside ahead
- How to Start Investing in Real Estate
- Beyond Nvidia: The hidden stars with 200% earnings growth
- How Investors Can Find the Best Cheap Dividend Stocks
- 3 large caps with RSIs that scream ‘oversold’
Receive News & Ratings for Ford Motor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ford Motor and related companies with MarketBeat.com's FREE daily email newsletter.