Todays Report: Today, Ford Motor Co. (F) Earns Sell Rating from Analysts at Berenberg Bank

Today, Ford Motor Co. (F) Earns Sell Rating from Analysts at Berenberg Bank

Berenberg Bank began coverage on shares of Ford Motor Co. (NYSE:F) in a research note issued to investors on Tuesday. The firm issued a sell rating and a $10.00 price target on the auto manufacturer’s stock.

F has been the topic of a number of other reports. Vetr upgraded Ford Motor from a buy rating to a strong-buy rating and set a $13.52 target price on the stock in a research report on Tuesday, November 15th. Citigroup Inc. reiterated an overweight rating on shares of Ford Motor in a research report on Friday, October 21st. JPMorgan Chase & Co. decreased their target price on Ford Motor from $17.00 to $16.00 and set an overweight rating on the stock in a research report on Friday, July 29th. Deutsche Bank AG restated a hold rating and set a $13.00 price objective on shares of Ford Motor in a research report on Friday, September 16th. Finally, Barclays PLC restated an equal weight rating and set a $12.00 price objective on shares of Ford Motor in a research report on Monday, September 12th. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of Hold and a consensus price target of $13.77.

Ford Motor (NYSE:F) opened at 11.90 on Tuesday. The stock has a 50 day moving average price of $11.88 and a 200-day moving average price of $12.56. Ford Motor has a 1-year low of $11.02 and a 1-year high of $14.62. The stock has a market cap of $47.29 billion, a PE ratio of 6.57 and a beta of 1.12.

Ford Motor (NYSE:F) last posted its earnings results on Thursday, October 27th. The auto manufacturer reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.06. The company had revenue of $35.90 billion for the quarter, compared to the consensus estimate of $32.70 billion. Ford Motor had a return on equity of 26.97% and a net margin of 4.80%. The firm’s revenue for the quarter was down 6.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.45 earnings per share. On average, equities analysts expect that Ford Motor will post $1.81 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 1st. Investors of record on Thursday, October 27th will be paid a $0.15 dividend. The ex-dividend date is Tuesday, October 25th. This represents a $0.60 dividend on an annualized basis and a yield of 5.04%. Ford Motor’s dividend payout ratio (DPR) is 33.15%.

In related news, insider Ziad S. Ojakli sold 10,000 shares of the firm’s stock in a transaction on Friday, November 18th. The stock was sold at an average price of $11.86, for a total value of $118,600.00. Following the completion of the transaction, the insider now owns 503,246 shares in the company, valued at approximately $5,968,497.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Sankar S. Nair sold 82,000 shares of the firm’s stock in a transaction on Tuesday, October 4th. The stock was sold at an average price of $12.11, for a total value of $993,020.00. Following the completion of the transaction, the insider now owns 32,969 shares of the company’s stock, valued at approximately $399,254.59. The disclosure for this sale can be found here. 1.10% of the stock is owned by corporate insiders.

A number of institutional investors have recently modified their holdings of the company. Capital World Investors increased its stake in shares of Ford Motor by 139.8% in the second quarter. Capital World Investors now owns 19,245,000 shares of the auto manufacturer’s stock valued at $241,910,000 after buying an additional 11,220,000 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of Ford Motor by 3.8% in the second quarter. Vanguard Group Inc. now owns 244,456,762 shares of the auto manufacturer’s stock valued at $3,072,821,000 after buying an additional 8,920,917 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. increased its stake in shares of Ford Motor by 2,485.5% in the third quarter. Los Angeles Capital Management & Equity Research Inc. now owns 6,758,818 shares of the auto manufacturer’s stock valued at $81,579,000 after buying an additional 6,497,402 shares in the last quarter. Morgan Stanley increased its stake in shares of Ford Motor by 22.4% in the third quarter. Morgan Stanley now owns 34,669,708 shares of the auto manufacturer’s stock valued at $418,463,000 after buying an additional 6,348,720 shares in the last quarter. Finally, The Manufacturers Life Insurance Company bought a new stake in shares of Ford Motor during the third quarter valued at $58,634,000. Institutional investors own 55.22% of the company’s stock.

Ford Motor Company Profile

Ford Motor Company (Ford) is a global automotive and mobility company. The Company’s principal business includes designing, manufacturing, marketing, financing, and servicing a line of Ford cars, trucks, sports utility vehicles (SUVs), and electrified vehicles, as well as Lincoln luxury vehicles. The Company operates in two sectors: Automotive and Financial Services.

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