Ford Motor’s (NYSE:F) Hold Rating Reaffirmed at FIG Partners

FIG Partners restated their hold rating on shares of Ford Motor Company (NYSE:F) in a research note published on Monday, October 9th.

A number of other analysts have also issued reports on the company. TheStreet raised Ford Motor from a c+ rating to a b- rating in a research report on Thursday, October 5th. Vetr lowered Ford Motor from a buy rating to a hold rating and set a $12.60 price objective on the stock. in a research report on Friday, October 6th. Standpoint Research raised Ford Motor from a hold rating to a buy rating in a research report on Wednesday, October 4th. ValuEngine raised Ford Motor from a hold rating to a buy rating in a research report on Monday, October 2nd. Finally, Royal Bank Of Canada reaffirmed a buy rating and set a $13.00 price objective on shares of Ford Motor in a research report on Monday, September 18th. Three research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average price target of $12.44.

Shares of Ford Motor (NYSE:F) traded up 0.17% on Monday, reaching $12.10. The company had a trading volume of 28,171,651 shares. Ford Motor has a 1-year low of $10.47 and a 1-year high of $13.27. The stock has a market capitalization of $48.06 billion, a P/E ratio of 12.74 and a beta of 1.12. The company’s 50 day moving average price is $11.90 and its 200-day moving average price is $11.33.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, July 26th. The auto manufacturer reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.13. The company had revenue of $36.93 billion for the quarter, compared to analyst estimates of $37.22 billion. Ford Motor had a return on equity of 19.69% and a net margin of 2.52%. The firm’s quarterly revenue was down .5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.52 earnings per share. Equities analysts predict that Ford Motor will post $1.76 EPS for the current year.

TRADEMARK VIOLATION NOTICE: “Ford Motor’s (NYSE:F) Hold Rating Reaffirmed at FIG Partners” was originally reported by BBNS and is owned by of BBNS. If you are viewing this news story on another site, it was copied illegally and republished in violation of international trademark & copyright laws. The legal version of this news story can be read at https://baseballnewssource.com/markets/ford-motors-f-hold-rating-reiterated-at-fig-partners/1704612.html.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 1st. Shareholders of record on Monday, October 23rd will be paid a $0.15 dividend. The ex-dividend date of this dividend is Friday, October 20th. This represents a $0.60 annualized dividend and a yield of 4.96%. Ford Motor’s dividend payout ratio is presently 63.16%.

In other news, insider Joseph R. Hinrichs sold 40,000 shares of the company’s stock in a transaction dated Tuesday, September 5th. The shares were sold at an average price of $11.34, for a total value of $453,600.00. Following the completion of the sale, the insider now directly owns 532,435 shares of the company’s stock, valued at $6,037,812.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP John T. Lawler sold 80,624 shares of the company’s stock in a transaction dated Thursday, August 3rd. The shares were sold at an average price of $11.00, for a total transaction of $886,864.00. Following the completion of the sale, the vice president now directly owns 10 shares of the company’s stock, valued at $110. The disclosure for this sale can be found here. Insiders sold 217,700 shares of company stock valued at $2,486,044 in the last 90 days. 1.08% of the stock is currently owned by insiders.

Large investors have recently made changes to their positions in the company. Bridgewater Associates LP purchased a new stake in shares of Ford Motor in the first quarter valued at about $2,342,000. Mathes Company Inc. purchased a new stake in shares of Ford Motor in the second quarter valued at about $571,000. CWA Asset Management Group LLC purchased a new stake in shares of Ford Motor in the first quarter valued at about $122,000. AE Wealth Management LLC raised its holdings in shares of Ford Motor by 37.5% in the first quarter. AE Wealth Management LLC now owns 170,943 shares of the auto manufacturer’s stock valued at $1,990,000 after buying an additional 46,598 shares during the last quarter. Finally, Meag Munich Ergo Kapitalanlagegesellschaft MBH raised its holdings in shares of Ford Motor by 133.0% in the first quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH now owns 584,761 shares of the auto manufacturer’s stock valued at $6,805,000 after buying an additional 333,821 shares during the last quarter. 54.33% of the stock is owned by institutional investors and hedge funds.

Ford Motor Company Profile

Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.

Analyst Recommendations for Ford Motor (NYSE:F)

Receive News & Ratings for Ford Motor Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ford Motor Company and related companies with our FREE daily email newsletter.

 


Latest News

Houston’s Dallas Keuchel Could Make Relief Appearance in Game 7
Houston’s Dallas Keuchel Could Make Relief Appearance in Game 7
Houston Astros Relying on Justin Verlander to Save Their Season
Houston Astros Relying on Justin Verlander to Save Their Season
Clayton Kershaw Gets Chance to Pitch LA into Fall Classic
Clayton Kershaw Gets Chance to Pitch LA into Fall Classic
Aaron Judge and Gary Sanchez Have Break Out Games
Aaron Judge and Gary Sanchez Have Break Out Games
Justin Turner Joining Postseason Legends
Justin Turner Joining Postseason Legends
PED Use Cost Alex Rodriguez Millions and His Reputation
PED Use Cost Alex Rodriguez Millions and His Reputation


Leave a Reply

 
© 2006-2017 BBNS.