Ford Motor (NYSE:F) Stock Price Down 2.8% – Time to Sell?

Shares of Ford Motor (NYSE:F) were down 2.8% during mid-day trading on Monday . The stock traded as low as $9.88 and last traded at $10.10. Approximately 33,155,121 shares traded hands during mid-day trading, a decline of 38% from the average daily volume of 53,701,586 shares. The stock had previously closed at $10.39.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on F shares. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Royal Bank of Canada reissued a “sector perform” rating and set a $10.00 target price on shares of Ford Motor in a research report on Tuesday, October 29th. Morgan Stanley lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their price target for the stock from $16.00 to $12.00 in a research note on Wednesday, September 25th. Deutsche Bank Aktiengesellschaft dropped their price objective on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research note on Wednesday, October 30th. Finally, Jefferies Financial Group downgraded Ford Motor from a “hold” rating to an “underperform” rating and decreased their target price for the stock from $12.00 to $9.00 in a research report on Monday. Four investment analysts have rated the stock with a sell rating, eight have given a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $11.83.

Ford Motor Price Performance

The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34. The stock has a market capitalization of $39.60 billion, a PE ratio of 11.32, a PEG ratio of 1.90 and a beta of 1.62. The business has a fifty day moving average price of $10.83 and a 200-day moving average price of $11.28.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, topping the consensus estimate of $0.47 by $0.02. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The firm had revenue of $46.20 billion for the quarter, compared to the consensus estimate of $45.13 billion. During the same period last year, the firm posted $0.39 earnings per share. The business’s revenue was up 5.5% compared to the same quarter last year. Research analysts expect that Ford Motor will post 1.81 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.02%. The ex-dividend date was Thursday, November 7th. Ford Motor’s dividend payout ratio (DPR) is presently 68.18%.

Hedge Funds Weigh In On Ford Motor

A number of hedge funds have recently modified their holdings of F. Family Firm Inc. bought a new position in shares of Ford Motor during the second quarter valued at approximately $26,000. Quarry LP purchased a new position in Ford Motor during the 2nd quarter valued at $27,000. Ridgewood Investments LLC bought a new position in Ford Motor in the 2nd quarter worth $28,000. Kimelman & Baird LLC purchased a new stake in shares of Ford Motor in the 2nd quarter worth about $30,000. Finally, Reston Wealth Management LLC bought a new stake in shares of Ford Motor during the 3rd quarter valued at about $33,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

About Ford Motor

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.