Ford Motor (NYSE:F) Lowered to Buy at Vetr

Ford Motor (NYSE:F) Lowered to Buy at Vetr

Ford Motor (NYSE:F) Lowered to Buy at Vetr

Toyota is building a vehicle factory in Alabama with partner Mazda Motor Corp. worth about $1.6 billion - roughly half of this year's tax savings - that'll allow the company to make and sell more cars in the U.S. Royal Bank of Canada set a $52.00 price target on shares of General Motors and gave the stock a "buy" rating in a research report on Tuesday. As many as three quarter-point hikes are expected. The low EPS estimate is $1.22, while the high EPS estimate is $1.75.

The consensus recommendation, according to Zacks Investment research, is 2. The stock of Ford Motor Company (NYSE:F) earned "Hold" rating by Jefferies on Friday, February 10.

The company reported its last earnings Actual EPS of $0.39/share. According to their predictions high & low revenue estimates are 35.16 Billion and 31.72 Billion respectively. This means that analysts are more bullish on the forecast for F stock.

Chief Financial Officer Chuck Stevens said GM still expects economic growth this year even with a possible 0.75-point increase in the prime interest rate.

Several equities research analysts have weighed in on GM shares. Piper Jaffray maintained Ford Motor Company (NYSE:F) on Monday, October 16 with "Buy" rating. Vetr's target price suggests a potential upside of 11.52% from the stock's current price. Advent Capital De holds 50,000 shares.

When looking at the investment recommendation on say a scale of 1 to 5 (1 being a strong buy, 3 a hold, and 5 a sell), F is given a 3.00 while 1.70 placed for TELL. Advisor Limited Liability stated it has 0.17% of its portfolio in General Motors Company (NYSE:GM).

GM shares rose 2.4 per cent to US$40.50 after the results were announced. Leuthold Group Llc bought 488,920 shares as the company's stock declined 13.59% while stock markets rallied.

The ability of a company to meet up with its short-term obligations and be able to clear its longer-term debts is measured using Liquidity and leverage ratios.

The business also recently declared a quarterly dividend, which will be paid on Friday, March 23rd. This represents a $1.52 dividend on an annualized basis and a dividend yield of 3.63%. California Employees Retirement Sys has invested 0.17% in Ford Motor Company (NYSE:F). Another trade for 25,000 shares valued at $300,000 was made by Thai-Tang Hau N on Monday, September 25. The stock was sold at an average price of $13.00, for a total transaction of $234,000.00. The transaction was disclosed in a legal filing with the SEC, which is available at this link. RBC Capital Markets maintained it with "Sector Perform" rating and $39 target in Thursday, October 22 report.

At present, General Motors Company has a PE ratio of 9.05 with a forward P/E of 6.92 *. Following the transaction, the insider now owns 57,091 shares in the company, valued at $2,459,480.28. The disclosure for this sale can be found here. Manufacturers Life Insurance Co The accumulated 0.06% or 1.30 million shares. The rating was upgraded by Credit Suisse on Monday, January 11 to "Outperform". Traditionally, RSI readings greater than the 70 level are considered to be in overbought territory, and RSI readings lower than the 30 level are considered to be in oversold territory. Barclays Capital maintained it with "Equalweight" rating and $52 target in Monday, July 11 report.

The company now has an insider ownership of 9.96 Percent and Institutional ownership of 74.4 Percent. Pzena Investment Management LLC increased its holdings in shares of Ford Motor by 6.7% during the 3rd quarter. The firm owned $206.45 million shares of the company's stock after selling 5.91 million shares during the period. Finally, Checchi Capital Advisers LLC raised its stake in General Motors by 17.1% in the 4th quarter. BlackRock Inc. lifted its stake in Ford Motor by 2.4% in the 2nd quarter. Chevy Chase Trust Holdings Inc. now owns 3,748,158 shares of the auto manufacturer's stock worth $44,865,000 after acquiring an additional 64,036 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in Ford Motor by 7.6% in the 3rd quarter.

In all, GM sold 2,593,879 vehicles during the fourth quarter worldwide, an 8.9% decline, while the figures were off 4.1%, to 9,600,340 for the full year. If you are viewing this piece of content on another domain, it was illegally copied and reposted in violation of USA & global trademark & copyright law.

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