Ford Motor (NYSE:F) Upgraded at BNP Paribas

BNP Paribas upgraded shares of Ford Motor (NYSE:F) to a hold rating in a report published on Monday,Zacks.com reports.

Several other equities analysts also recently commented on F. Evercore ISI dropped their price target on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a research note on Monday. Royal Bank of Canada cut their price target on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a report on Thursday, February 6th. Sanford C. Bernstein lowered Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target on the stock. in a research report on Thursday, November 7th. Bank of America lowered their price objective on Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a research report on Thursday, February 6th. Finally, Wells Fargo & Company reduced their target price on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a report on Thursday, February 6th. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Ford Motor presently has an average rating of “Hold” and a consensus price target of $11.89.

Ford Motor Price Performance

F stock opened at $9.24 on Monday. The business’s fifty day moving average price is $9.97 and its 200 day moving average price is $10.49. Ford Motor has a 12-month low of $9.10 and a 12-month high of $14.85. The company has a current ratio of 1.16, a quick ratio of 0.98 and a debt-to-equity ratio of 2.31. The company has a market capitalization of $36.72 billion, a PE ratio of 6.33, a P/E/G ratio of 1.80 and a beta of 1.63.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. On average, sell-side analysts anticipate that Ford Motor will post 1.7 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.49%. The ex-dividend date of this dividend is Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is currently 41.10%.

Hedge Funds Weigh In On Ford Motor

A number of institutional investors have recently modified their holdings of the business. Aviva PLC boosted its stake in shares of Ford Motor by 26.5% during the fourth quarter. Aviva PLC now owns 191,584 shares of the auto manufacturer’s stock worth $1,897,000 after buying an additional 40,174 shares during the period. KCM Investment Advisors LLC lifted its stake in shares of Ford Motor by 32.6% in the 4th quarter. KCM Investment Advisors LLC now owns 30,499 shares of the auto manufacturer’s stock worth $302,000 after acquiring an additional 7,504 shares during the period. Resona Asset Management Co. Ltd. purchased a new stake in shares of Ford Motor in the fourth quarter valued at about $13,338,000. Prudential PLC boosted its holdings in Ford Motor by 22.7% in the 4th quarter. Prudential PLC now owns 250,822 shares of the auto manufacturer’s stock valued at $2,483,000 after purchasing an additional 46,357 shares in the last quarter. Finally, Landscape Capital Management L.L.C. boosted its stake in shares of Ford Motor by 810.7% in the fourth quarter. Landscape Capital Management L.L.C. now owns 365,136 shares of the auto manufacturer’s stock valued at $3,615,000 after buying an additional 325,040 shares in the last quarter. 58.74% of the stock is 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.