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

Ford Motor (NYSE:F) shares traded down 0.3% during trading on Thursday . The stock traded as low as $9.58 and last traded at $9.73. 61,508,922 shares changed hands during trading, a decline of 7% from the average session volume of 66,428,859 shares. The stock had previously closed at $9.76.

Wall Street Analyst Weigh In

F has been the topic of a number of recent analyst reports. Morgan Stanley downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $16.00 to $12.00 in a research note on Wednesday, September 25th. The Goldman Sachs Group raised Ford Motor from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $12.00 to $13.00 in a research note on Tuesday, October 1st. Deutsche Bank Aktiengesellschaft dropped their price objective on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research note on Wednesday, October 30th. Sanford C. Bernstein downgraded Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective on the stock. in a research note on Thursday, November 7th. Finally, Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Four research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $11.83.

Ford Motor Trading Down 0.8 %

The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. The firm has a 50 day moving average of $10.47 and a 200 day moving average of $11.02. The firm has a market cap of $38.39 billion, a PE ratio of 10.98, a P/E/G ratio of 1.89 and a beta of 1.62.

Ford Motor (NYSE:F) last posted 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. The firm had revenue of $46.20 billion for 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 quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.39 earnings per share. Equities analysts anticipate that Ford Motor will post 1.81 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 7th were given 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%.

Institutional Investors Weigh In On Ford Motor

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Franklin Resources Inc. increased its stake in Ford Motor by 29.8% in the third quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer’s stock valued at $15,998,000 after acquiring an additional 336,720 shares during the last quarter. Principal Financial Group Inc. increased its stake in Ford Motor by 3.8% in the third quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer’s stock valued at $46,408,000 after acquiring an additional 160,409 shares during the last quarter. Worldquant Millennium Advisors LLC bought a new position in Ford Motor in the third quarter valued at $55,456,000. ING Groep NV increased its stake in Ford Motor by 93.4% in the third quarter. ING Groep NV now owns 1,181,128 shares of the auto manufacturer’s stock valued at $12,473,000 after acquiring an additional 570,293 shares during the last quarter. Finally, OneAscent Financial Services LLC bought a new position in Ford Motor in the third quarter valued at $545,000. 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.