Ford Motor (NYSE:F) Stock Price Down 2.8% – What’s Next?

Shares of Ford Motor (NYSE:F) traded down 2.8% on Monday . The company traded as low as $9.88 and last traded at $10.10. 33,155,121 shares were traded during trading, a decline of 38% from the average session volume of 53,701,586 shares. The stock had previously closed at $10.39.

Analyst Ratings Changes

A number of research analysts have recently commented on F shares. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Morgan Stanley downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $16.00 to $12.00 in a research report on Wednesday, September 25th. Sanford C. Bernstein cut shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target for the company. in a research report on Thursday, November 7th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research note on Wednesday, October 30th. Finally, Jefferies Financial Group lowered shares of Ford Motor from a “hold” rating to an “underperform” rating and lowered their target price for the company from $12.00 to $9.00 in a report on Monday. Four investment analysts have rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the company. According to MarketBeat, Ford Motor presently has an average rating of “Hold” and a consensus target price of $11.83.

Ford Motor Stock Performance

The company has a market capitalization of $39.60 billion, a PE ratio of 11.32, a price-to-earnings-growth ratio of 1.90 and a beta of 1.62. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34. The business’s fifty day moving average is $10.83 and its two-hundred day moving average is $11.28.

Ford Motor (NYSE:F) last posted its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. The business had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The company’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.39 EPS. Equities research analysts predict that Ford Motor will post 1.81 earnings per share for the current year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 6.02%. The ex-dividend date was Thursday, November 7th. Ford Motor’s dividend payout ratio is currently 68.18%.

Institutional Investors Weigh In On Ford Motor

A number of hedge funds have recently added to or reduced their stakes in F. Pallas Capital Advisors LLC increased its position in shares of Ford Motor by 2.9% during the 2nd quarter. Pallas Capital Advisors LLC now owns 29,850 shares of the auto manufacturer’s stock valued at $374,000 after purchasing an additional 846 shares during the last quarter. Meridian Financial Partners LLC grew its position in Ford Motor by 1.1% during the third quarter. Meridian Financial Partners LLC now owns 85,471 shares of the auto manufacturer’s stock valued at $903,000 after buying an additional 953 shares during the period. Apollon Wealth Management LLC increased its holdings in Ford Motor by 1.1% during the third quarter. Apollon Wealth Management LLC now owns 92,950 shares of the auto manufacturer’s stock valued at $982,000 after buying an additional 969 shares during the last quarter. Beaird Harris Wealth Management LLC raised its position in Ford Motor by 3.0% in the second quarter. Beaird Harris Wealth Management LLC now owns 33,534 shares of the auto manufacturer’s stock worth $421,000 after acquiring an additional 982 shares during the period. Finally, Pure Financial Advisors LLC boosted its stake in shares of Ford Motor by 6.6% during the 3rd quarter. Pure Financial Advisors LLC now owns 16,096 shares of the auto manufacturer’s stock worth $170,000 after acquiring an additional 990 shares during the last quarter. 58.74% of the stock is currently owned by hedge funds and other 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.