Berenberg Bank Reiterates Sell Rating for Ford Motor (F)

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Berenberg Bank reiterated their sell rating on shares of Ford Motor (NYSE:F) in a research report released on Friday. They currently have a $6.00 price objective on the auto manufacturer’s stock.

Other equities analysts have also issued reports about the company. UBS Group decreased their price objective on Ford Motor from $15.00 to $14.00 and set a buy rating for the company in a research report on Thursday, July 26th. Jefferies Financial Group restated a buy rating and issued a $13.00 target price on shares of Ford Motor in a research note on Friday, October 5th. Goldman Sachs Group upgraded Ford Motor from a neutral rating to a buy rating and boosted their target price for the company from $9.00 to $12.00 in a research note on Monday, October 29th. TheStreet cut Ford Motor from a b- rating to a c+ rating in a research note on Monday, August 13th. Finally, Barclays cut their target price on Ford Motor from $12.00 to $11.00 and set an equal weight rating on the stock in a research note on Wednesday, September 26th. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and six have given a buy rating to the stock. The stock presently has a consensus rating of Hold and an average target price of $11.27.

Shares of F traded down $0.08 on Friday, hitting $9.38. The company’s stock had a trading volume of 52,202,471 shares, compared to its average volume of 58,129,960. The company has a debt-to-equity ratio of 2.80, a quick ratio of 1.08 and a current ratio of 1.21. Ford Motor has a fifty-two week low of $8.17 and a fifty-two week high of $13.48. The firm has a market capitalization of $38.14 billion, a PE ratio of 5.27, a P/E/G ratio of 1.35 and a beta of 0.68.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, October 24th. The auto manufacturer reported $0.29 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.28 by $0.01. Ford Motor had a return on equity of 15.48% and a net margin of 3.88%. The business had revenue of $34.66 billion during the quarter, compared to analyst estimates of $32.05 billion. During the same period in the previous year, the firm earned $0.43 EPS. Equities research analysts predict that Ford Motor will post 1.34 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 3rd. Stockholders of record on Tuesday, October 23rd will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.40%. The ex-dividend date of this dividend is Monday, October 22nd. Ford Motor’s dividend payout ratio is currently 33.71%.

In other news, VP Steven R. Armstrong sold 13,000 shares of the company’s stock in a transaction that occurred on Monday, September 24th. The stock was sold at an average price of $9.54, for a total transaction of $124,020.00. Following the sale, the vice president now owns 94,527 shares in the company, valued at approximately $901,787.58. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Ray T. Charley acquired 4,000 shares of the company’s stock in a transaction dated Monday, October 29th. The shares were bought at an average price of $12.90 per share, for a total transaction of $51,600.00. The disclosure for this purchase can be found here. Corporate insiders own 0.95% of the company’s stock.

Several institutional investors have recently made changes to their positions in F. Kiley Juergens Wealth Management LLC bought a new stake in Ford Motor in the 2nd quarter valued at $101,000. Credit Agricole S A raised its stake in Ford Motor by 135.0% in the 2nd quarter. Credit Agricole S A now owns 9,400 shares of the auto manufacturer’s stock valued at $104,000 after acquiring an additional 5,400 shares during the period. CLARET ASSET MANAGEMENT Corp bought a new stake in Ford Motor in the 3rd quarter valued at $106,000. Kaizen Advisory LLC raised its stake in Ford Motor by 155.5% in the 2nd quarter. Kaizen Advisory LLC now owns 9,745 shares of the auto manufacturer’s stock valued at $108,000 after acquiring an additional 5,931 shares during the period. Finally, TRUE Private Wealth Advisors bought a new stake in Ford Motor in the 2nd quarter valued at $112,000. Institutional investors own 54.14% of the company’s stock.

Ford Motor Company Profile

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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