Today, Ford Motor’s (F) Sell Rating Reaffirm at Berenberg Bank

Today, Ford Motor’s (F) Sell Rating Reaffirm at Berenberg Bank

Berenberg Bank restated their sell rating on shares of Ford Motor Co. (NYSE:F) in a research note released on Monday. Berenberg Bank currently has a $10.00 price target on the auto manufacturer’s stock.

F has been the subject of several other reports. Morgan Stanley reiterated an overweight rating and set a $12.00 price objective on shares of Ford Motor in a research report on Monday, October 24th. JPMorgan Chase & Co. restated an overweight rating on shares of Ford Motor in a research report on Monday, September 12th. Vetr upgraded Ford Motor from a buy rating to a strong-buy rating and set a $13.52 target price for the company in a research report on Tuesday, November 15th. Goldman Sachs Group Inc. restated a neutral rating and issued a $12.00 target price (down from $13.00) on shares of Ford Motor in a research report on Saturday, October 8th. Finally, Seaport Global Securities initiated coverage on Ford Motor in a research report on Tuesday, August 9th. They issued a buy rating and a $20.00 target price for the company. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. Ford Motor currently has an average rating of Hold and a consensus target price of $13.77.

Ford Motor (NYSE:F) opened at 11.92 on Monday. The firm’s 50-day moving average price is $11.85 and its 200 day moving average price is $12.53. Ford Motor has a 52-week low of $11.02 and a 52-week high of $14.62. The stock has a market cap of $47.37 billion, a P/E ratio of 6.59 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, beating the Thomson Reuters’ consensus estimate of $0.20 by $0.06. The company earned $35.90 billion during the quarter, compared to analyst estimates of $32.70 billion. Ford Motor had a return on equity of 26.97% and a net margin of 4.80%. The business’s revenue was down 6.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.45 earnings per share. Equities analysts predict that Ford Motor will post $1.81 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 1st. Investors of record on Thursday, October 27th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.03%. The ex-dividend date of this dividend is Tuesday, October 25th. Ford Motor’s dividend payout ratio is presently 33.15%.

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

Large investors have recently added to or reduced their stakes in the stock. Summit Financial Wealth Advisors LLC boosted its stake in Ford Motor by 141.7% in the second quarter. Summit Financial Wealth Advisors LLC now owns 81,610 shares of the auto manufacturer’s stock worth $1,026,000 after buying an additional 47,843 shares during the period. Kistler Tiffany Companies LLC boosted its stake in Ford Motor by 39.2% in the second quarter. Kistler Tiffany Companies LLC now owns 13,586 shares of the auto manufacturer’s stock valued at $171,000 after buying an additional 3,825 shares during the last quarter. Stock Yards Bank & Trust Co. boosted its stake in Ford Motor by 17.0% in the second quarter. Stock Yards Bank & Trust Co. now owns 19,615 shares of the auto manufacturer’s stock valued at $247,000 after buying an additional 2,844 shares during the last quarter. Park National Corp OH boosted its stake in Ford Motor by 2.1% in the second quarter. Park National Corp OH now owns 1,319,892 shares of the auto manufacturer’s stock valued at $16,591,000 after buying an additional 27,530 shares during the last quarter. Finally, Howland Capital Management LLC bought a new stake in Ford Motor during the second quarter valued at $157,000. Institutional investors own 54.26% of the company’s stock.

Ford Motor Company Profile

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