Ford Motor (NYSE:F) Shares Down 1.1% – Time to Sell?

Shares of Ford Motor (NYSE:F) dropped 1.1% during mid-day trading on Thursday . The company traded as low as $9.42 and last traded at $9.55. Approximately 33,505,312 shares were traded during trading, a decline of 59% from the average daily volume of 81,739,445 shares. The stock had previously closed at $9.65.

Analyst Ratings Changes

Several brokerages have recently commented on F. Evercore ISI lowered their price objective on Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a research note on Monday, February 10th. Jefferies Financial Group lowered Ford Motor from a “hold” rating to an “underperform” rating and lowered their price target for the company from $12.00 to $9.00 in a research report on Monday, December 16th. Royal Bank of Canada dropped their price objective on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 6th. Bank of America reduced their target price on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a research note on Thursday, February 6th. Finally, BNP Paribas raised shares of Ford Motor to a “hold” rating in a research report on Monday, February 10th. 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 company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $11.89.

Ford Motor Trading Up 0.1 %

The company has a market cap of $38.27 billion, a P/E ratio of 6.61, a price-to-earnings-growth 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. The firm’s 50-day moving average price is $9.73 and its 200-day moving average price is $10.39.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, beating the consensus estimate 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, equities research analysts expect that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.21%. Ford Motor’s dividend payout ratio (DPR) is currently 41.10%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Hager Investment Management Services LLC bought a new stake in Ford Motor during the fourth quarter valued at $26,000. Bank of Jackson Hole Trust bought a new position in Ford Motor in the 4th quarter worth about $29,000. Flagship Wealth Advisors LLC purchased a new stake in shares of Ford Motor in the 4th quarter valued at about $30,000. Kentucky Trust Co bought a new stake in shares of Ford Motor during the 4th quarter valued at about $31,000. Finally, Spurstone Advisory Services LLC bought a new stake in shares of Ford Motor during the 4th quarter valued at about $31,000. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

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.