Ford Motor (NYSE:F) Price Target Raised to $14.00

Ford Motor (NYSE:F) had its price target raised by Morgan Stanley from $11.00 to $14.00 in a research report sent to investors on Monday,Benzinga reports. Morgan Stanley currently has an equal weight rating on the auto manufacturer’s stock.

F has been the subject of several other research reports. UBS Group lifted their price target on Ford Motor from $11.00 to $12.50 and gave the stock a “neutral” rating in a research note on Monday, October 6th. Citigroup lifted their target price on shares of Ford Motor from $11.00 to $13.50 and gave the stock a “neutral” rating in a research report on Monday, October 27th. Wells Fargo & Company increased their price target on shares of Ford Motor from $10.00 to $11.00 and gave the company an “underweight” rating in a research report on Friday, October 24th. Jefferies Financial Group raised shares of Ford Motor from an “underperform” rating to a “hold” rating and raised their price objective for the stock from $9.00 to $12.00 in a research note on Monday, October 6th. Finally, Barclays upped their target price on Ford Motor from $11.00 to $12.00 and gave the company an “equal weight” rating in a research note on Monday, October 27th. Three research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Ford Motor presently has a consensus rating of “Hold” and an average price target of $12.04.

Ford Motor Price Performance

Shares of NYSE:F opened at $13.40 on Monday. The firm has a market capitalization of $53.37 billion, a price-to-earnings ratio of 11.55 and a beta of 1.60. The company has a debt-to-equity ratio of 2.20, a current ratio of 1.12 and a quick ratio of 0.98. The business’s 50 day simple moving average is $12.76 and its 200-day simple moving average is $11.77. Ford Motor has a 12 month low of $8.44 and a 12 month high of $13.97.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Thursday, October 23rd. The auto manufacturer reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.07. The firm had revenue of $50.53 billion during the quarter, compared to analysts’ expectations of $43.08 billion. Ford Motor had a return on equity of 11.94% and a net margin of 2.48%.Ford Motor’s revenue was up 9.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.49 earnings per share. As a group, equities analysts forecast that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Friday, November 7th were issued a $0.15 dividend. The ex-dividend date was Friday, November 7th. This represents a $0.60 annualized dividend and a yield of 4.5%. Ford Motor’s payout ratio is 51.72%.

Institutional Investors Weigh In On Ford Motor

Several hedge funds have recently made changes to their positions in F. Trust Co. of Toledo NA OH purchased a new position in Ford Motor during the second quarter worth about $25,000. Corsicana & Co. acquired a new position in shares of Ford Motor during the 3rd quarter valued at about $25,000. Country Trust Bank acquired a new position in shares of Ford Motor during the 2nd quarter valued at about $27,000. Capital A Wealth Management LLC lifted its holdings in shares of Ford Motor by 990.9% during the 2nd quarter. Capital A Wealth Management LLC now owns 2,509 shares of the auto manufacturer’s stock worth $27,000 after acquiring an additional 2,279 shares during the period. Finally, Johnson Financial Group Inc. boosted its position in shares of Ford Motor by 55.4% in the third quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer’s stock worth $28,000 after acquiring an additional 837 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

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.