Ford Motor (NYSE:F) Stock Price Down 1.1% – Should You Sell?

Shares of Ford Motor (NYSE:F) dropped 1.1% on Monday . The stock traded as low as $11.00 and last traded at $11.01. Approximately 16,087,423 shares traded hands during mid-day trading, a decline of 70% from the average daily volume of 53,705,398 shares. The stock had previously closed at $11.13.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. The Goldman Sachs Group upgraded Ford Motor from a “neutral” rating to a “buy” rating and increased their price objective for the company from $12.00 to $13.00 in a research report on Tuesday, October 1st. Barclays cut their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a report on Tuesday, October 29th. Wells Fargo & Company dropped their target price on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a research report on Tuesday, September 10th. Morgan Stanley cut Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their price objective for the stock from $16.00 to $12.00 in a research note on Wednesday, September 25th. Finally, Sanford C. Bernstein lowered Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price on the stock. in a research note on Thursday, November 7th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $12.02.

Ford Motor Stock Performance

The firm has a market cap of $43.96 billion, a price-to-earnings ratio of 12.51, a price-to-earnings-growth ratio of 2.03 and a beta of 1.62. The stock has a 50-day moving average of $10.86 and a 200-day moving average of $11.41. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15.

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

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th will be issued a dividend of $0.15 per share. The ex-dividend date is Thursday, November 7th. This represents a $0.60 annualized dividend and a dividend yield of 5.42%. Ford Motor’s dividend payout ratio is presently 68.18%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. raised its stake in Ford Motor by 4.5% during the third 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. Geode Capital Management LLC increased its holdings in Ford Motor by 1.7% in the 3rd quarter. Geode Capital Management LLC now owns 81,989,157 shares of the auto manufacturer’s stock worth $863,009,000 after purchasing an additional 1,336,676 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Ford Motor by 27.4% during the second quarter. Dimensional Fund Advisors LP now owns 36,190,972 shares of the auto manufacturer’s stock valued at $453,732,000 after purchasing an additional 7,793,944 shares in the last quarter. Legal & General Group Plc grew its holdings in shares of Ford Motor by 1.0% during the second quarter. Legal & General Group Plc now owns 31,823,353 shares of the auto manufacturer’s stock worth $399,066,000 after purchasing an additional 318,715 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Ford Motor by 2.7% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 24,347,303 shares of the auto manufacturer’s stock valued at $257,108,000 after buying an additional 636,330 shares during the last quarter. Institutional investors and hedge funds 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.