Analysts Set Ford Motor Company (NYSE:F) Target Price at $13.29

Ford Motor Company (NYSE:F) has been assigned an average recommendation of “Hold” from the eighteen ratings firms that are presently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have given a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $13.22.

Several analysts recently issued reports on the stock. Morgan Stanley upped their price objective on shares of Ford Motor from $11.00 to $14.00 and gave the stock an “equal weight” rating in a report on Monday, December 8th. Barclays lifted their target price on shares of Ford Motor from $12.00 to $13.00 and gave the stock an “equal weight” rating in a report on Friday, January 23rd. Bank of America began coverage on shares of Ford Motor in a report on Wednesday, March 4th. They set a “buy” rating and a $17.00 price target for the company. JPMorgan Chase & Co. raised their price target on Ford Motor from $14.00 to $15.00 and gave the company an “overweight” rating in a research report on Wednesday, January 21st. Finally, Wells Fargo & Company dropped their price objective on Ford Motor from $11.00 to $10.00 and set an “underweight” rating on the stock in a research note on Tuesday.

Insider Buying and Selling

In other Ford Motor news, insider William Clay Ford, Jr. purchased 140,000 shares of the business’s stock in a transaction dated Thursday, February 19th. The stock was bought at an average cost of $13.82 per share, for a total transaction of $1,934,800.00. Following the completion of the acquisition, the insider directly owned 3,912,600 shares in the company, valued at $54,072,132. This represents a 3.71% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.48% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Ford Motor

Institutional investors and hedge funds have recently bought and sold shares of the stock. Grove Bank & Trust grew its position in Ford Motor by 110.7% in the 4th quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock worth $25,000 after purchasing an additional 1,000 shares during the last quarter. MV Capital Management Inc. bought a new position in shares of Ford Motor during the 4th quarter worth about $25,000. McMillan Office Inc. acquired a new position in shares of Ford Motor during the fourth quarter valued at about $26,000. Olistico Wealth LLC acquired a new position in shares of Ford Motor during the fourth quarter valued at about $26,000. Finally, Corsicana & Co. bought a new stake in shares of Ford Motor in the third quarter valued at about $25,000. Institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Down 0.1%

Shares of F stock opened at $11.59 on Friday. The stock’s 50 day simple moving average is $12.91 and its 200 day simple moving average is $12.92. Ford Motor has a twelve month low of $8.44 and a twelve month high of $14.80. The company has a debt-to-equity ratio of 2.95, a quick ratio of 0.94 and a current ratio of 1.07. The company has a market capitalization of $46.22 billion, a price-to-earnings ratio of -5.62, a PEG ratio of 0.27 and a beta of 1.70.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, February 11th. The auto manufacturer reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.06 by $0.07. Ford Motor had a positive return on equity of 10.16% and a negative net margin of 4.37%.The firm had revenue of $45.89 billion during the quarter, compared to analysts’ expectations of $41.78 billion. During the same quarter in the prior year, the business earned $0.39 earnings per share. The company’s revenue was down 4.8% on a year-over-year basis. As a group, research analysts predict that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 13th were issued a $0.15 dividend. The ex-dividend date of this dividend was Friday, February 13th. This represents a $0.60 dividend on an annualized basis and a yield of 5.2%. Ford Motor’s dividend payout ratio (DPR) is -29.13%.

Ford Motor Company Profile

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.