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

Ford Motor (NYSE:F) fell 0.3% on Tuesday . The company traded as low as $10.19 and last traded at $10.22. 19,561,803 shares were traded during mid-day trading, a decline of 69% from the average session volume of 62,232,448 shares. The stock had previously closed at $10.25.

Analyst Ratings Changes

F has been the topic of several analyst reports. Evercore ISI lowered their price objective on Ford Motor from $11.00 to $10.00 and set an “in-line” rating on the stock in a research note on Monday, February 10th. JPMorgan Chase & Co. dropped their target price on shares of Ford Motor from $13.00 to $11.00 and set an “overweight” rating for the company in a research note on Thursday. Piper Sandler cut their price target on Ford Motor from $13.00 to $9.00 and set a “neutral” rating on the stock in a research note on Thursday, March 20th. Royal Bank of Canada reduced their price objective on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 6th. Finally, Wells Fargo & Company reduced their price target on Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a research report on Thursday, February 6th. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $11.37.

Ford Motor Stock Performance

The stock has a market cap of $39.60 billion, a P/E ratio of 6.97, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. The stock’s 50 day simple moving average is $9.76 and its two-hundred day simple moving average is $10.29.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. As a group, research analysts forecast that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 6.00%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is 41.10%.

Institutional Investors Weigh In On Ford Motor

Institutional investors and hedge funds have recently modified their holdings of the company. Quest Partners LLC acquired a new stake in shares of Ford Motor during the 3rd quarter worth about $96,000. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Ford Motor in the third quarter valued at about $186,000. Great Valley Advisor Group Inc. boosted its holdings in Ford Motor by 2.9% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 58,914 shares of the auto manufacturer’s stock valued at $622,000 after purchasing an additional 1,652 shares during the period. Cerity Partners LLC grew its position in shares of Ford Motor by 10.8% during the 3rd quarter. Cerity Partners LLC now owns 324,052 shares of the auto manufacturer’s stock worth $3,422,000 after purchasing an additional 31,707 shares in the last quarter. Finally, Kingsview Wealth Management LLC increased its holdings in shares of Ford Motor by 36.5% during the third quarter. Kingsview Wealth Management LLC now owns 123,911 shares of the auto manufacturer’s stock worth $1,309,000 after purchasing an additional 33,138 shares during the period. 58.74% of the stock is owned by 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.