Ford Motor (NYSE:F) Stock Price Down 2.2% – Should You Sell?

Ford Motor (NYSE:F) fell 2.2% on Wednesday . The stock traded as low as $9.47 and last traded at $9.48. 33,556,765 shares changed hands during mid-day trading, a decline of 62% from the average session volume of 88,800,789 shares. The stock had previously closed at $9.69.

Wall Street Analyst Weigh In

Several brokerages have commented on F. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. BNP Paribas upgraded shares of Ford Motor to a “hold” rating in a research report on Monday, February 10th. Evercore ISI lowered their price objective on Ford Motor from $11.00 to $10.00 and set an “in-line” rating on the stock in a research report on Monday, February 10th. Royal Bank of Canada reduced their target price on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating for the company in a research report on Thursday, February 6th. Finally, Bank of America lowered their price target on Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a report on Thursday, February 6th. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, Ford Motor currently has a consensus rating of “Hold” and an average target price of $11.77.

Ford Motor Price Performance

The business has a 50-day simple moving average of $9.72 and a 200 day simple moving average of $10.36. The firm has a market cap of $38.19 billion, a P/E ratio of 6.60, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16.

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

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.23%. The ex-dividend date was Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is presently 41.10%.

Institutional Trading of Ford Motor

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

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.