Ford Motor (NYSE:F) Stock Price Down 0.2% – Time to Sell?

Ford Motor (NYSE:F)’s stock price traded down 0.2% during mid-day trading on Friday . The company traded as low as $10.99 and last traded at $11.05. 12,306,563 shares traded hands during mid-day trading, a decline of 77% from the average session volume of 53,711,098 shares. The stock had previously closed at $11.07.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. Wolfe Research started coverage on Ford Motor in a research report on Thursday, September 5th. They issued a “peer perform” rating on the stock. Wells Fargo & Company cut their price objective on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a report on Tuesday, September 10th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $10.00 price objective on shares of Ford Motor in a research report on Tuesday, October 29th. Sanford C. Bernstein cut Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective for the company. in a research note on Thursday, November 7th. Finally, StockNews.com upgraded shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, Ford Motor has a consensus rating of “Hold” and an average target price of $12.02.

Ford Motor Price Performance

The business’s fifty day moving average is $10.78 and its 200-day moving average is $11.52. The firm has a market cap of $44.11 billion, a PE ratio of 12.56, 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.

Ford Motor (NYSE:F) last announced its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.02. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The company had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. During the same period in the previous year, the business earned $0.39 earnings per share. The firm’s quarterly revenue was up 5.5% compared to the same quarter last year. On average, research analysts predict that Ford Motor will post 1.82 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th will be paid a dividend of $0.15 per share. The ex-dividend date is Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a yield of 5.41%. Ford Motor’s dividend payout ratio is currently 68.18%.

Institutional Investors Weigh In On Ford Motor

Hedge funds and other institutional investors have recently made changes to their positions in the business. Assenagon Asset Management S.A. grew its holdings in shares of Ford Motor by 14,373.9% in the third quarter. Assenagon Asset Management S.A. now owns 8,885,389 shares of the auto manufacturer’s stock valued at $93,830,000 after purchasing an additional 8,824,000 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Ford Motor by 27.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 36,190,972 shares of the auto manufacturer’s stock worth $453,732,000 after acquiring an additional 7,793,944 shares during the last quarter. Jacobs Levy Equity Management Inc. grew its holdings in shares of Ford Motor by 112.8% in the third quarter. Jacobs Levy Equity Management Inc. now owns 11,976,950 shares of the auto manufacturer’s stock worth $126,477,000 after purchasing an additional 6,348,185 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in Ford Motor by 4.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 122,609,058 shares of the auto manufacturer’s stock worth $1,294,752,000 after acquiring an additional 5,270,562 shares in the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec grew its stake in Ford Motor by 420.2% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 6,042,820 shares of the auto manufacturer’s stock worth $63,812,000 after purchasing an additional 4,881,105 shares in the last quarter. 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.