Ford Motor seeks to raise about $2 bln in debt -executive

Posted December 08, 2016

(NYSE:BURL) is $94.00 while their mean recommendation is 2.10 (1=Buy, 5=sell). The company's 5 year Earnings per share growth and Capital Spending growth remains at 15.37 and 40.46.

According to Zacks Investment Research, "General Motors Company is engaged in the designing, manufacturing and retailing of vehicles globally including passenger cars, crossover vehicles, and light trucks, sport utility vehicles, vans and other vehicles". Rhumbline Advisers owned about 0.14% of General Motors worth $68,683,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the stock. Following the sale, the insider now owns 503,246 shares of the company's stock, valued at approximately $5,968,497.56. Summit Financial Wealth Advisors LLC increased its stake in Ford Motor by 141.7% in the second quarter. Boston Common Asset Management LLC boosted its position in shares of Ford Motor Company by 0.3% in the second quarter. Furthermore, it moved lower -11.95% from its 52-week high of $20.33 and +54.58% up from $11.58, which is 52-week low of the stock.

IBD'S TAKE: Ford shares have been on a steady decline since mid 2014, when the stock was just over 18 a share. The firm has a 50-day moving average of $11.90 and a 200-day moving average of $12.49. The Market Capitalization of the company stands at 55 Billion.

Ford Motor (NYSE:F) opened at 12.56 on Friday. Sigma Planning owns 18,352 shares or 0.07% of their U.S. portfolio. Ford Motor Company had a return on equity of 26.97% and a net margin of 4.80%. The company earned $35.90 billion during the quarter, compared to the consensus estimate of $32.70 billion. Croft has 1.43% invested in the company for 181,663 shares. "For those claiming that 2016 had run out of steam, November 2016 light vehicle sales showed a different picture altogether as sales surged 10.4 percent year-over-year", DesRosiers wrote on Thursday. Stockholders of record on Thursday, October 27th were paid a $0.15 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 4.33%. The ex-dividend date is Monday, December 5th. General Motors's payout ratio is 17.41%. The correct version of this story can be viewed at http://sportsperspectives.com/2016/12/07/ford-motor-co-f-receives-13-60-consensus-pt-from-analysts/. "(GM) Shares Bought by Rhumbline Advisers" was reported by Community Financial News and is the sole property of of Community Financial News. Piper Jaffray initiated the shares of F in a report on Friday, June 10 with "Overweight" rating. Macquarie began coverage on shares of General Motors in a report on Wednesday, November 30th. They issued an "outperform" rating and a $44.00 target price on the stock.

The market share price of the automaker rose by 1.63% in the last session, closing in at $12.44. Finally, TheStreet cut shares of Ford Motor from a "buy" rating to a "hold" rating in a report on Thursday, November 3rd. They issued a "neutral" rating and a $13.00 target price for the company.

A total of 17 brokerages have issued a ratings update on General Motors Company. zero brokerages rating the company a strong buy, zero brokerages rating the company a buy, zero brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $38.41.

The current consensus among 24 polled investment analysts is to hold stock in Ford. For the next 5 years, General Motors Company is expecting Growth of 8.4% per annum, whereas in the past 5 years the growth was 19.51% per annum.

General Motors Co has dominated the large SUV part of the USA auto business in recent years, although Ford invented the segment about two decades ago.