Ford Motor (NYSE:F) Upgraded by BNP Paribas to “Hold” Rating

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

Other analysts have also issued research reports about the company. JPMorgan Chase & Co. dropped their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research note on Friday, February 7th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research report on Wednesday, October 30th. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Sanford C. Bernstein downgraded shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target for the company. in a research note on Thursday, November 7th. Finally, Barclays cut Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $13.00 to $11.00 in a research report on Wednesday, January 22nd. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $11.89.

Ford Motor Price Performance

F stock opened at $9.24 on Monday. The stock has a market capitalization of $36.72 billion, a price-to-earnings ratio of 6.33, a PEG ratio of 1.80 and a beta of 1.63. The firm’s 50-day moving average price is $9.97 and its two-hundred day moving average price is $10.49. The company has a current ratio of 1.16, a quick ratio of 0.98 and a debt-to-equity ratio of 2.31. Ford Motor has a 12-month low of $9.10 and a 12-month high of $14.85.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. As a group, equities analysts predict that Ford Motor will post 1.7 earnings per share for the current year.

Ford Motor Announces Dividend

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

Hedge Funds Weigh In On Ford Motor

A number of hedge funds have recently bought and sold shares of F. Hager Investment Management Services LLC bought a new position in Ford Motor in the 4th quarter valued at approximately $26,000. Bank of Jackson Hole Trust bought a new position in shares of Ford Motor during the fourth quarter valued at $29,000. Flagship Wealth Advisors LLC purchased a new stake in shares of Ford Motor during the fourth quarter valued at $30,000. Kentucky Trust Co bought a new stake in Ford Motor in the 4th quarter worth about $31,000. Finally, Reston Wealth Management LLC purchased a new position in Ford Motor in the 3rd quarter worth about $33,000. Institutional investors own 58.74% of the company’s stock.

About Ford Motor

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.