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

Shares of Ford Motor (NYSE:F) were down 0.3% during mid-day trading on Friday . The company traded as low as $9.59 and last traded at $9.71. Approximately 24,748,966 shares were traded during mid-day trading, a decline of 58% from the average daily volume of 58,664,402 shares. The stock had previously closed at $9.74.

Wall Street Analyst Weigh In

F has been the subject of several research reports. Morgan Stanley lowered Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price target for the company from $16.00 to $12.00 in a report on Wednesday, September 25th. Sanford C. Bernstein downgraded shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price for the company. in a research report on Thursday, November 7th. The Goldman Sachs Group upgraded shares of Ford Motor from a “neutral” rating to a “buy” rating and raised their price target for the company from $12.00 to $13.00 in a report on Tuesday, October 1st. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $10.00 target price on shares of Ford Motor in a report on Tuesday, October 29th. Four equities research analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Ford Motor has a consensus rating of “Hold” and an average target price of $11.83.

Ford Motor Stock Down 0.8 %

The firm’s fifty day moving average is $10.47 and its 200-day moving average is $11.02. 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 stock has a market capitalization of $38.39 billion, a P/E ratio of 10.98, a P/E/G ratio of 1.89 and a beta of 1.64.

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

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were issued a $0.15 dividend. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.21%. Ford Motor’s dividend payout ratio (DPR) is presently 68.18%.

Hedge Funds Weigh In On Ford Motor

Large investors have recently modified their holdings of the business. Meridian Financial Partners LLC lifted its stake in Ford Motor by 1.1% in the third quarter. Meridian Financial Partners LLC now owns 85,471 shares of the auto manufacturer’s stock valued at $903,000 after acquiring an additional 953 shares during the last quarter. Apollon Wealth Management LLC lifted its stake in Ford Motor by 1.1% in the 3rd quarter. Apollon Wealth Management LLC now owns 92,950 shares of the auto manufacturer’s stock valued at $982,000 after purchasing an additional 969 shares during the last quarter. Beaird Harris Wealth Management LLC grew its holdings in Ford Motor by 3.0% during the second quarter. Beaird Harris Wealth Management LLC now owns 33,534 shares of the auto manufacturer’s stock worth $421,000 after purchasing an additional 982 shares during the period. Pure Financial Advisors LLC increased its position in Ford Motor by 6.6% during the third quarter. Pure Financial Advisors LLC now owns 16,096 shares of the auto manufacturer’s stock worth $170,000 after buying an additional 990 shares during the last quarter. Finally, PBMares Wealth Management LLC lifted its position in shares of Ford Motor by 9.0% in the third quarter. PBMares Wealth Management LLC now owns 11,976 shares of the auto manufacturer’s stock valued at $126,000 after buying an additional 991 shares during the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

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.