Ford Motor (NYSE:F) Trading Down 0.1% – Should You Sell?

Shares of Ford Motor (NYSE:F) traded down 0.1% during mid-day trading on Thursday . The company traded as low as $9.28 and last traded at $9.34. 11,980,511 shares were traded during mid-day trading, a decline of 84% from the average session volume of 74,585,844 shares. The stock had previously closed at $9.34.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Jefferies Financial Group lowered Ford Motor from a “hold” rating to an “underperform” rating and reduced their price target for the company from $12.00 to $9.00 in a research report on Monday, December 16th. Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. JPMorgan Chase & Co. cut their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research report on Friday, February 7th. Deutsche Bank Aktiengesellschaft cut their price target on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research report on Wednesday, October 30th. Finally, Bank of America decreased their price target on Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a research note on Thursday, February 6th. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, Ford Motor has an average rating of “Hold” and an average price target of $11.89.

Ford Motor Stock Performance

The firm has a fifty day moving average of $9.81 and a 200-day moving average of $10.43. The stock has a market capitalization of $36.80 billion, a price-to-earnings ratio of 6.36, a PEG ratio of 0.61 and a beta of 1.63. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. As a group, sell-side analysts anticipate that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be issued a $0.15 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.46%. Ford Motor’s dividend payout ratio (DPR) is 41.10%.

Hedge Funds Weigh In On Ford Motor

Institutional investors have recently made changes to their positions in the stock. Eastern Bank acquired a new position in Ford Motor in the third quarter valued at $113,000. International Assets Investment Management LLC increased its stake in Ford Motor by 1,215.6% in the third quarter. International Assets Investment Management LLC now owns 2,693,585 shares of the auto manufacturer’s stock valued at $28,444,000 after purchasing an additional 2,488,850 shares during the last quarter. Financial Partners Group LLC increased its stake in Ford Motor by 8.3% in the third quarter. Financial Partners Group LLC now owns 75,736 shares of the auto manufacturer’s stock valued at $800,000 after purchasing an additional 5,803 shares during the last quarter. Blackston Financial Advisory Group LLC increased its stake in Ford Motor by 9.9% in the third quarter. Blackston Financial Advisory Group LLC now owns 20,995 shares of the auto manufacturer’s stock valued at $222,000 after purchasing an additional 1,892 shares during the last quarter. Finally, Legacy Wealth Asset Management LLC increased its stake in Ford Motor by 3.1% in the third quarter. Legacy Wealth Asset Management LLC now owns 51,306 shares of the auto manufacturer’s stock valued at $542,000 after purchasing an additional 1,544 shares during the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

Ford Motor Company Profile

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.