Ford Motor (NYSE:F) Stock Price Down 1.6% – Time to Sell?

Ford Motor Company (NYSE:F) fell 1.6% during mid-day trading on Tuesday . The company traded as low as $12.87 and last traded at $12.9550. 57,313,917 shares traded hands during mid-day trading, a decline of 40% from the average session volume of 95,332,148 shares. The stock had previously closed at $13.16.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on F shares. The Goldman Sachs Group increased their price target on Ford Motor from $11.00 to $12.00 and gave the company a “neutral” rating in a research report on Monday, September 29th. JPMorgan Chase & Co. raised their target price on shares of Ford Motor from $13.00 to $14.00 and gave the stock an “overweight” rating in a report on Monday, October 20th. Jefferies Financial Group upgraded shares of Ford Motor from an “underperform” rating to a “hold” rating and boosted their price target for the company from $9.00 to $12.00 in a report on Monday, October 6th. Citigroup raised their price objective on shares of Ford Motor from $11.00 to $13.50 and gave the stock a “neutral” rating in a research note on Monday, October 27th. Finally, Dbs Bank downgraded shares of Ford Motor from a “hold” rating to a “moderate sell” rating in a research note on Monday, August 4th. Three equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $11.88.

Ford Motor Stock Down 1.6%

The business’s 50 day simple moving average is $12.59 and its 200-day simple moving average is $11.65. The company has a debt-to-equity ratio of 2.20, a quick ratio of 0.98 and a current ratio of 1.12. The company has a market cap of $51.62 billion, a price-to-earnings ratio of 9.75 and a beta of 1.60.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Thursday, October 23rd. The auto manufacturer reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.07. The company had revenue of $50.53 billion during the quarter, compared to the consensus estimate of $43.08 billion. Ford Motor had a return on equity of 11.94% and a net margin of 2.48%.The business’s quarterly revenue was up 9.4% on a year-over-year basis. During the same period last year, the business earned $0.49 EPS. Sell-side analysts expect that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Friday, November 7th were given a $0.15 dividend. The ex-dividend date of this dividend was Friday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.6%. Ford Motor’s dividend payout ratio (DPR) is currently 51.72%.

Hedge Funds Weigh In On Ford Motor

Institutional investors have recently made changes to their positions in the business. Assetmark Inc. raised its stake in Ford Motor by 51.9% during the 1st quarter. Assetmark Inc. now owns 10,668 shares of the auto manufacturer’s stock valued at $107,000 after purchasing an additional 3,646 shares during the last quarter. Natixis Advisors LLC increased its holdings in shares of Ford Motor by 212.5% during the 1st quarter. Natixis Advisors LLC now owns 1,009,873 shares of the auto manufacturer’s stock worth $10,129,000 after purchasing an additional 686,705 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its position in shares of Ford Motor by 8.7% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 20,033 shares of the auto manufacturer’s stock valued at $201,000 after buying an additional 1,598 shares during the last quarter. US Bancorp DE lifted its stake in shares of Ford Motor by 2.8% in the first quarter. US Bancorp DE now owns 275,788 shares of the auto manufacturer’s stock valued at $2,766,000 after buying an additional 7,607 shares during the period. Finally, Moors & Cabot Inc. grew its position in Ford Motor by 3.8% during the first quarter. Moors & Cabot Inc. now owns 46,537 shares of the auto manufacturer’s stock worth $467,000 after buying an additional 1,696 shares in the last quarter. 58.74% of the stock is currently 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.