Ford Motor (NYSE:F) Stock Price Down 0.3% – What’s Next?

Ford Motor (NYSE:F)’s share price was down 0.3% during mid-day trading on Friday . The company traded as low as $10.13 and last traded at $10.13. Approximately 11,682,986 shares changed hands during trading, a decline of 80% from the average daily volume of 59,265,637 shares. The stock had previously closed at $10.16.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a report on Wednesday, October 30th. The Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and upped their price objective for the company from $12.00 to $13.00 in a report on Tuesday, October 1st. Sanford C. Bernstein lowered shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective for the company. in a report on Thursday, November 7th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $10.00 target price on shares of Ford Motor in a research note on Tuesday, October 29th. Finally, Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Four investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $11.67.

Ford Motor Trading Down 0.2 %

The business has a fifty day simple moving average of $10.31 and a 200 day simple moving average of $10.86. The stock has a market cap of $40.28 billion, a price-to-earnings ratio of 11.52, a PEG ratio of 1.93 and a beta of 1.64. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15.

Ford Motor (NYSE:F) last announced its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. The firm had revenue of $46.20 billion for the quarter, compared to analysts’ expectations of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. Ford Motor’s quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.39 EPS. As a group, equities analysts anticipate that Ford Motor will post 1.77 EPS 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 dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.92%. The ex-dividend date was Thursday, November 7th. Ford Motor’s dividend payout ratio (DPR) is 68.18%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. raised its position in Ford Motor by 4.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 122,609,058 shares of the auto manufacturer’s stock valued at $1,294,752,000 after purchasing an additional 5,270,562 shares during the period. Geode Capital Management LLC raised its position in Ford Motor by 1.7% in the third quarter. Geode Capital Management LLC now owns 81,989,157 shares of the auto manufacturer’s stock valued at $863,009,000 after purchasing an additional 1,336,676 shares during the period. Legal & General Group Plc raised its position in Ford Motor by 1.0% in the second quarter. Legal & General Group Plc now owns 31,823,353 shares of the auto manufacturer’s stock valued at $399,066,000 after purchasing an additional 318,715 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Ford Motor by 2.7% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 24,347,303 shares of the auto manufacturer’s stock worth $257,108,000 after acquiring an additional 636,330 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. increased its position in shares of Ford Motor by 112.8% during the third quarter. Jacobs Levy Equity Management Inc. now owns 11,976,950 shares of the auto manufacturer’s stock worth $126,477,000 after acquiring an additional 6,348,185 shares during the last quarter. Institutional investors and hedge funds 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.