Ford Motor (F) Receives Hold Rating from Barclays

Barclays reaffirmed their hold rating on shares of Ford Motor (NYSE:F) in a report published on Friday, July 27th. They currently have a $12.00 price target on the auto manufacturer’s stock.

F has been the topic of several other research reports. Guggenheim reaffirmed a hold rating and issued a $11.50 price target on shares of Ford Motor in a research note on Friday, July 27th. Buckingham Research decreased their price target on Ford Motor from $11.00 to $10.00 and set a neutral rating on the stock in a research note on Thursday, July 26th. Royal Bank of Canada reaffirmed a hold rating and issued a $11.50 price target on shares of Ford Motor in a research note on Thursday, July 26th. ValuEngine downgraded Ford Motor from a hold rating to a sell rating in a research report on Friday, June 29th. Finally, Piper Jaffray Companies downgraded Ford Motor from an overweight rating to a neutral rating and cut their price objective for the company from $13.48 to $12.00 in a research report on Tuesday, May 15th. They noted that the move was a valuation call. Four research analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have given a buy rating to the company. The company presently has a consensus rating of Hold and an average price target of $12.22.

Shares of NYSE:F traded down $0.17 during trading on Friday, hitting $9.74. 39,168,694 shares of the stock were exchanged, compared to its average volume of 42,820,248. Ford Motor has a 1-year low of $9.72 and a 1-year high of $13.48. The firm has a market capitalization of $39.38 billion, a PE ratio of 6.52, a PEG ratio of 0.84 and a beta of 0.91. The company has a current ratio of 1.21, a quick ratio of 1.08 and a debt-to-equity ratio of 2.80.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, July 25th. The auto manufacturer reported $0.27 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.31 by ($0.04). Ford Motor had a return on equity of 17.43% and a net margin of 4.27%. The firm had revenue of $35.90 billion for the quarter, compared to analyst estimates of $35.63 billion. During the same period in the previous year, the business posted $0.56 EPS. Ford Motor’s revenue for the quarter was down 2.8% compared to the same quarter last year. sell-side analysts predict that Ford Motor will post 1.38 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 4th. Investors of record on Monday, July 23rd will be issued a $0.15 dividend. The ex-dividend date is Friday, July 20th. This represents a $0.60 dividend on an annualized basis and a yield of 6.16%. Ford Motor’s dividend payout ratio is presently 33.71%.

In related news, Director John C. Lechleiter acquired 10,000 shares of the company’s stock in a transaction that occurred on Thursday, August 2nd. The stock was acquired at an average price of $9.89 per share, for a total transaction of $98,900.00. Following the completion of the acquisition, the director now owns 45,000 shares of the company’s stock, valued at approximately $445,050. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.95% of the company’s stock.

A number of large investors have recently bought and sold shares of the business. BlackRock Inc. boosted its position in shares of Ford Motor by 0.8% during the second quarter. BlackRock Inc. now owns 264,479,647 shares of the auto manufacturer’s stock worth $2,927,789,000 after buying an additional 2,067,427 shares during the period. Newport Trust Co boosted its position in Ford Motor by 0.6% during the first quarter. Newport Trust Co now owns 188,248,101 shares of the auto manufacturer’s stock valued at $2,085,789,000 after purchasing an additional 1,173,078 shares during the last quarter. Franklin Resources Inc. boosted its position in Ford Motor by 2.5% during the first quarter. Franklin Resources Inc. now owns 51,992,097 shares of the auto manufacturer’s stock valued at $576,073,000 after purchasing an additional 1,246,237 shares during the last quarter. Pzena Investment Management LLC boosted its position in Ford Motor by 73.3% during the first quarter. Pzena Investment Management LLC now owns 44,818,988 shares of the auto manufacturer’s stock valued at $496,594,000 after purchasing an additional 18,962,611 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in Ford Motor by 1.3% during the first quarter. Dimensional Fund Advisors LP now owns 39,560,473 shares of the auto manufacturer’s stock valued at $438,330,000 after purchasing an additional 497,160 shares during the last quarter. 55.45% of the stock is owned by hedge funds and other institutional investors.

About Ford Motor

Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles; and Lincoln luxury vehicles worldwide. Its Automotive segment sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to fleet customers, including commercial fleet customers, daily rental car companies, and governments.

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Analyst Recommendations for Ford Motor (NYSE:F)

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