Ford Motor (NYSE:F) Shares Down 4.2% – Should You Sell?

Ford Motor (NYSE:F) was down 4.2% during mid-day trading on Thursday . The company traded as low as $9.70 and last traded at $9.72. Approximately 70,169,163 shares traded hands during mid-day trading, an increase of 6% from the average daily volume of 65,965,143 shares. The stock had previously closed at $10.15.

Wall Street Analyst Weigh In

F has been the topic of a number of recent research reports. Evercore ISI cut their price target on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating on the stock in a report on Monday, February 10th. BNP Paribas upgraded Ford Motor to a “hold” rating in a report on Monday, February 10th. Bank of America lowered their price objective on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a research note on Thursday, February 6th. Barclays cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from $13.00 to $11.00 in a report on Wednesday, January 22nd. Finally, Royal Bank of Canada decreased their price objective on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating for the company in a report on Thursday, February 6th. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $11.37.

Ford Motor Stock Up 0.4 %

The company has a fifty day moving average price of $9.72 and a 200 day moving average price of $10.25. The company has a market cap of $37.95 billion, a PE ratio of 6.56, 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.

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

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a $0.15 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.27%. Ford Motor’s dividend payout ratio (DPR) is 41.10%.

Institutional Trading of Ford Motor

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Hager Investment Management Services LLC purchased a new stake in shares of Ford Motor in the 4th quarter worth about $26,000. Bank of Jackson Hole Trust bought a new position in Ford Motor during the 4th quarter valued at approximately $29,000. Flagship Wealth Advisors LLC bought a new position in shares of Ford Motor in the fourth quarter worth approximately $30,000. Kentucky Trust Co purchased a new stake in shares of Ford Motor during the fourth quarter valued at approximately $31,000. Finally, Spurstone Advisory Services LLC purchased a new position in Ford Motor in the 4th quarter worth approximately $31,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

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.