Ford Motor (NYSE:F) Shares Down 4.3% – Time to Sell?

Ford Motor Company (NYSE:F)’s stock price dropped 4.3% on Wednesday . The stock traded as low as $14.23 and last traded at $14.3050. Approximately 45,615,450 shares traded hands during mid-day trading, a decline of 28% from the average daily volume of 63,146,715 shares. The stock had previously closed at $14.95.

Analyst Upgrades and Downgrades

F has been the topic of several analyst reports. Zacks Research lowered Ford Motor from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. UBS Group increased their target price on Ford Motor from $14.00 to $17.00 and gave the company a “buy” rating in a research note on Monday. The Goldman Sachs Group lowered their price target on Ford Motor from $15.00 to $13.00 and set a “neutral” rating for the company in a report on Tuesday, April 14th. Royal Bank Of Canada restated a “sector perform” rating and issued a $13.00 price target on shares of Ford Motor in a report on Friday, May 15th. Finally, Wall Street Zen downgraded Ford Motor from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Five investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $14.41.

Ford Motor Stock Down 4.3%

The firm has a fifty day simple moving average of $13.26 and a 200-day simple moving average of $13.25. The company has a market capitalization of $57.00 billion, a P/E ratio of -9.23, a P/E/G ratio of 0.33 and a beta of 1.79. The company has a quick ratio of 0.94, a current ratio of 1.09 and a debt-to-equity ratio of 2.84.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.48. The business had revenue of $43.25 billion during the quarter, compared to the consensus estimate of $42.66 billion. Ford Motor had a positive return on equity of 15.77% and a negative net margin of 3.22%.Ford Motor’s quarterly revenue was up 6.4% on a year-over-year basis. During the same period last year, the company earned $0.14 earnings per share. On average, equities research analysts expect that Ford Motor Company will post 1.64 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date was Tuesday, May 12th. Ford Motor’s dividend payout ratio (DPR) is currently -38.71%.

Institutional Trading of Ford Motor

A number of hedge funds have recently made changes to their positions in F. Norges Bank acquired a new stake in shares of Ford Motor in the fourth quarter valued at approximately $674,437,000. DLD Asset Management LP acquired a new stake in Ford Motor during the 3rd quarter worth approximately $299,000,000. Marshall Wace LLP lifted its holdings in Ford Motor by 81.1% during the 3rd quarter. Marshall Wace LLP now owns 35,438,722 shares of the auto manufacturer’s stock worth $423,847,000 after purchasing an additional 15,866,285 shares during the last quarter. AQR Capital Management LLC lifted its holdings in Ford Motor by 610.1% during the 4th quarter. AQR Capital Management LLC now owns 11,177,304 shares of the auto manufacturer’s stock worth $146,646,000 after purchasing an additional 9,603,267 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in Ford Motor by 26.9% during the 4th quarter. Bank of New York Mellon Corp now owns 38,153,383 shares of the auto manufacturer’s stock worth $500,572,000 after purchasing an additional 8,086,564 shares during the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

About Ford Motor

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.