Ford Motor (NYSE:F) Trading Down 0.3% – Should You Sell?

Ford Motor (NYSE:F)’s stock price traded down 0.3% on Thursday . The stock traded as low as $10.61 and last traded at $10.70. 14,295,209 shares were traded during mid-day trading, a decline of 73% from the average session volume of 53,780,605 shares. The stock had previously closed at $10.73.

Analysts Set New Price Targets

A number of analysts recently issued reports on F shares. The Goldman Sachs Group raised Ford Motor from a “neutral” rating to a “buy” rating and increased their target price for the stock from $12.00 to $13.00 in a research note on Tuesday, October 1st. Royal Bank of Canada reiterated a “sector perform” rating and issued a $10.00 target price on shares of Ford Motor in a research report on Tuesday, October 29th. Evercore ISI upgraded Ford Motor to a “hold” rating in a research report on Friday, July 26th. StockNews.com upgraded Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. Finally, Wells Fargo & Company decreased their target price on Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a research report on Tuesday, September 10th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $12.02.

Ford Motor Price Performance

The firm has a market cap of $43.08 billion, a P/E ratio of 12.16, a P/E/G ratio of 2.01 and a beta of 1.62. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. The company has a fifty day moving average of $10.82 and a 200-day moving average of $11.48.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. The firm had revenue of $46.20 billion during the quarter, compared to the consensus estimate of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The business’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.39 EPS. On average, sell-side analysts anticipate that Ford Motor will post 1.81 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 7th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a yield of 5.54%. Ford Motor’s dividend payout ratio (DPR) is 68.18%.

Institutional Trading of Ford Motor

Several institutional investors and hedge funds have recently modified their holdings of F. Olistico Wealth LLC purchased a new position in shares of Ford Motor during the 2nd quarter valued at about $25,000. Family Firm Inc. bought a new position in Ford Motor during the 2nd quarter worth approximately $26,000. Quarry LP bought a new position in Ford Motor during the 2nd quarter worth approximately $27,000. Ridgewood Investments LLC bought a new stake in shares of Ford Motor in the 2nd quarter worth approximately $28,000. Finally, Kimelman & Baird LLC bought a new stake in shares of Ford Motor in the 2nd quarter worth approximately $30,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

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.