Ford Motor (NYSE:F) Trading Down 0.3% – Should You Sell?

Ford Motor (NYSE:F) dropped 0.3% during mid-day trading on Monday . The company traded as low as $9.57 and last traded at $9.62. Approximately 17,770,537 shares traded hands during mid-day trading, a decline of 70% from the average daily volume of 59,820,266 shares. The stock had previously closed at $9.65.

Analyst Ratings Changes

F has been the subject of several research analyst reports. Sanford C. Bernstein lowered Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target for the company. in a research report on Thursday, November 7th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $10.00 target price on shares of Ford Motor in a research report on Tuesday, October 29th. Jefferies Financial Group lowered shares of Ford Motor from a “hold” rating to an “underperform” rating and lowered their price objective for the company from $12.00 to $9.00 in a research note on Monday, December 16th. Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Finally, The Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and raised their price target for the company from $12.00 to $13.00 in a research report on Tuesday, October 1st. Four investment analysts have rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, Ford Motor has a consensus rating of “Hold” and an average target price of $11.83.

Ford Motor Stock Performance

The firm has a 50 day moving average of $10.47 and a two-hundred day moving average of $11.01. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. The stock has a market cap of $38.39 billion, a PE ratio of 10.98, a PEG ratio of 1.89 and a beta of 1.64.

Ford Motor (NYSE:F) last issued its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating 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 business had revenue of $46.20 billion during the quarter, compared to analysts’ expectations of $45.13 billion. During the same quarter in the prior year, the business posted $0.39 EPS. The company’s revenue for the quarter was up 5.5% on a year-over-year basis. Research analysts predict that Ford Motor will post 1.81 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.21%. The ex-dividend date was Thursday, November 7th. Ford Motor’s dividend payout ratio (DPR) is currently 68.18%.

Hedge Funds Weigh In On Ford Motor

A number of institutional investors have recently modified their holdings of the business. Meridian Financial Partners LLC lifted its position in Ford Motor by 1.1% during the 3rd quarter. Meridian Financial Partners LLC now owns 85,471 shares of the auto manufacturer’s stock worth $903,000 after acquiring an additional 953 shares during the period. Apollon Wealth Management LLC lifted its holdings in shares of Ford Motor by 1.1% during the third quarter. Apollon Wealth Management LLC now owns 92,950 shares of the auto manufacturer’s stock worth $982,000 after purchasing an additional 969 shares during the period. Beaird Harris Wealth Management LLC grew its position in Ford Motor by 3.0% in the 2nd quarter. Beaird Harris Wealth Management LLC now owns 33,534 shares of the auto manufacturer’s stock valued at $421,000 after buying an additional 982 shares during the last quarter. Pure Financial Advisors LLC increased its stake in Ford Motor by 6.6% in the 3rd quarter. Pure Financial Advisors LLC now owns 16,096 shares of the auto manufacturer’s stock valued at $170,000 after buying an additional 990 shares during the period. Finally, PBMares Wealth Management LLC raised its position in Ford Motor by 9.0% during the 3rd quarter. PBMares Wealth Management LLC now owns 11,976 shares of the auto manufacturer’s stock worth $126,000 after buying an additional 991 shares during the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

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.