Ford Motor (NYSE:F) Upgraded by Daiwa Capital Markets to Neutral

Daiwa Capital Markets upgraded shares of Ford Motor (NYSE:F – Get Rating) from an underperform rating to a neutral rating in a report published on Thursday, The Fly reports. Daiwa Capital Markets currently has $12.00 price target on the auto manufacturer’s stock.

F has been the subject of a number of other reports. Deutsche Bank Aktiengesellschaft downgraded Ford Motor from a hold rating to a sell rating and cut their price target for the company from $13.00 to $11.00 in a research note on Friday, February 3rd. JPMorgan Chase & Co. decreased their price target on shares of Ford Motor from $16.00 to $15.00 and set an overweight rating on the stock in a research report on Wednesday, January 25th. TheStreet raised shares of Ford Motor from a c+ rating to a b rating in a research report on Tuesday, May 2nd. Barclays initiated coverage on Ford Motor in a report on Tuesday, February 14th. They issued an equal weight rating and a $13.00 target price on the stock. Finally, Citigroup boosted their price target on Ford Motor from $12.50 to $12.80 in a report on Monday, May 15th. Three analysts have rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of Hold and a consensus target price of $14.35.

Ford Motor Trading Up 0.4 %

Shares of NYSE:F opened at $11.38 on Thursday. The company has a debt-to-equity ratio of 2.16, a current ratio of 1.20 and a quick ratio of 1.03. Ford Motor has a 1 year low of $10.61 and a 1 year high of $16.68. The company has a market cap of $45.53 billion, a P/E ratio of 16.03, a PEG ratio of 1.11 and a beta of 1.54. The stock’s fifty day moving average price is $11.94 and its 200-day moving average price is $12.55.

Ford Motor (NYSE:F – Get Rating) last issued its earnings results on Tuesday, May 2nd. The auto manufacturer reported $0.63 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.27. The business had revenue of $39.09 billion during the quarter, compared to analyst estimates of $37.42 billion. Ford Motor had a return on equity of 19.99% and a net margin of 1.75%. Ford Motor’s revenue was up 21.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.38 EPS. Sell-side analysts expect 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 Thursday, June 15th. Stockholders of record on Wednesday, April 26th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.27%. The ex-dividend date of this dividend is Tuesday, April 25th. Ford Motor’s payout ratio is currently 84.51%.

Insider Transactions at Ford Motor

In related news, CFO John T. Lawler sold 29,821 shares of the firm’s stock in a transaction on Friday, March 3rd. The shares were sold at an average price of $13.07, for a total transaction of $389,760.47. Following the completion of the transaction, the chief financial officer now directly owns 443,683 shares of the company’s stock, valued at $5,798,936.81. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, insider Ashwani Kumar Galhotra sold 24,850 shares of the company’s stock in a transaction that occurred on Friday, March 3rd. The stock was sold at an average price of $13.01, for a total transaction of $323,298.50. Following the sale, the insider now directly owns 511,605 shares of the company’s stock, valued at approximately $6,655,981.05. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO John T. Lawler sold 29,821 shares of the firm’s stock in a transaction on Friday, March 3rd. The shares were sold at an average price of $13.07, for a total transaction of $389,760.47. Following the completion of the transaction, the chief financial officer now directly owns 443,683 shares of the company’s stock, valued at $5,798,936.81. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 134,592 shares of company stock valued at $1,740,843. 0.80% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Ford Motor

Hedge funds have recently bought and sold shares of the business. RB Capital Management LLC boosted its holdings in shares of Ford Motor by 14.6% in the 1st quarter. RB Capital Management LLC now owns 27,339 shares of the auto manufacturer’s stock worth $462,000 after purchasing an additional 3,477 shares during the period. Fairfield Bush & CO. purchased a new position in Ford Motor during the first quarter worth $37,000. Synovus Financial Corp increased its position in Ford Motor by 275.4% during the first quarter. Synovus Financial Corp now owns 111,481 shares of the auto manufacturer’s stock valued at $1,886,000 after acquiring an additional 81,783 shares during the last quarter. Blair William & Co. IL raised its stake in shares of Ford Motor by 17.3% in the first quarter. Blair William & Co. IL now owns 325,778 shares of the auto manufacturer’s stock valued at $5,509,000 after acquiring an additional 47,959 shares during the period. Finally, Canada Pension Plan Investment Board lifted its holdings in shares of Ford Motor by 3.0% in the 1st quarter. Canada Pension Plan Investment Board now owns 564,002 shares of the auto manufacturer’s stock worth $9,537,000 after acquiring an additional 16,498 shares during the last quarter. Hedge funds and other institutional investors own 49.68% of the company’s stock.

About Ford Motor

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Ford Motor Co engages in the manufacture, distribution, and sale of automobiles. It operates through the following segments: Ford Blue, Ford Model E, and Ford Pro, Ford Next, and Ford Credit. The Ford Blue, Ford Model E, and Ford Pro segment includes the sale of Ford and Lincoln vehicles, service parts, and accessories, together with the associated costs to develop, manufacture, distribute, and service the vehicles, parts, and accessories.