Ford Motor (NYSE:F) Shares Down 4.1%

Ford Motor (NYSE:F) was down 4.1% during trading on Monday . The stock traded as low as $9.49 and last traded at $9.62. Approximately 39,973,056 shares traded hands during mid-day trading, a decline of 26% from the average daily volume of 54,299,641 shares. The stock had previously closed at $10.03.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Sanford C. Bernstein started coverage on shares of Ford Motor in a report on Thursday, May 23rd. They set an “outperform” rating and a $16.00 target price on the stock. StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. Barclays reduced their price target on Ford Motor from $17.00 to $16.00 and set an “overweight” rating for the company in a report on Thursday, July 25th. UBS Group upped their price objective on Ford Motor from $13.00 to $14.00 and gave the company a “neutral” rating in a research note on Thursday, April 25th. Finally, Citigroup lifted their target price on Ford Motor from $16.00 to $18.00 and gave the stock a “buy” rating in a research note on Thursday, May 2nd. One analyst has rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $13.75.

Ford Motor Stock Performance

The company has a market cap of $39.05 billion, a P/E ratio of 10.22, a price-to-earnings-growth ratio of 0.75 and a beta of 1.62. The stock has a 50 day moving average price of $12.32 and a two-hundred day moving average price of $12.37. The company has a quick ratio of 1.00, a current ratio of 1.17 and a debt-to-equity ratio of 2.30.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.68 by ($0.21). The firm had revenue of $47.81 billion for the quarter, compared to the consensus estimate of $47.79 billion. Ford Motor had a return on equity of 15.28% and a net margin of 2.13%. The firm’s quarterly revenue was up 6.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.72 EPS. On average, research analysts predict that Ford Motor will post 1.94 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 7th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 6.13%. The ex-dividend date is Wednesday, August 7th. Ford Motor’s dividend payout ratio is currently 61.86%.

Insiders Place Their Bets

In other Ford Motor news, Director Jon M. Huntsman, Jr. sold 81,234 shares of Ford Motor stock in a transaction on Friday, May 24th. The stock was sold at an average price of $12.09, for a total value of $982,119.06. Following the completion of the transaction, the director now directly owns 168,601 shares of the company’s stock, valued at approximately $2,038,386.09. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.80% of the company’s stock.

Hedge Funds Weigh In On Ford Motor

Hedge funds and other institutional investors have recently made changes to their positions in the company. Olistico Wealth LLC bought a new stake in shares of Ford Motor during the 2nd quarter worth $25,000. Financial Synergies Wealth Advisors Inc. raised its stake in Ford Motor by 1,997.9% during the first quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock worth $27,000 after acquiring an additional 1,938 shares in the last quarter. Family Firm Inc. bought a new position in shares of Ford Motor in the second quarter worth about $26,000. Fortis Group Advisors LLC boosted its stake in shares of Ford Motor by 100.0% in the 4th quarter. Fortis Group Advisors LLC now owns 2,172 shares of the auto manufacturer’s stock valued at $26,000 after purchasing an additional 1,086 shares in the last quarter. Finally, Voisard Asset Management Group Inc. bought a new stake in shares of Ford Motor during the 4th quarter valued at approximately $27,000. 58.74% of the stock is currently 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.