Ford Motor (NYSE:F) Trading Down 0.3% – Here’s Why

Ford Motor (NYSE:F)’s share price dropped 0.3% during trading on Friday . The company traded as low as $9.32 and last traded at $9.37. Approximately 15,316,698 shares were traded during mid-day trading, a decline of 79% from the average daily volume of 73,607,781 shares. The stock had previously closed at $9.39.

Analysts Set New Price Targets

F has been the subject of a number of research reports. JPMorgan Chase & Co. decreased their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Friday, February 7th. Royal Bank of Canada reduced their price target on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating for the company in a report on Thursday, February 6th. Bank of America reduced their price target on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a report on Thursday, February 6th. BNP Paribas raised shares of Ford Motor to a “hold” rating in a report on Monday, February 10th. Finally, Evercore ISI reduced their price target on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a report on Monday, February 10th. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, Ford Motor currently has a consensus rating of “Hold” and an average target price of $11.89.

Ford Motor Trading Down 1.1 %

The business’s 50 day moving average is $9.81 and its two-hundred day moving average is $10.44. 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 has a market capitalization of $36.80 billion, a P/E ratio of 6.36, a PEG ratio of 0.61 and a beta of 1.63.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. Analysts expect that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

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

Institutional Investors Weigh In On Ford Motor

Several hedge funds and other institutional investors have recently bought and sold shares of F. Hager Investment Management Services LLC bought a new stake in Ford Motor in the fourth quarter worth about $26,000. Bank of Jackson Hole Trust bought a new stake in Ford Motor in the fourth quarter worth about $29,000. Flagship Wealth Advisors LLC bought a new stake in Ford Motor in the fourth quarter worth about $30,000. Kentucky Trust Co bought a new stake in Ford Motor in the fourth quarter worth about $31,000. Finally, Spurstone Advisory Services LLC bought a new stake in Ford Motor in the fourth quarter worth about $31,000. 58.74% of the stock is currently owned by institutional investors.

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.