Ford Motor (NYSE:F) Trading Down 2.3% – Should You Sell?

Ford Motor Company (NYSE:F)’s share price was down 2.3% during mid-day trading on Tuesday . The company traded as low as $14.41 and last traded at $14.4350. Approximately 46,332,239 shares changed hands during trading, a decline of 26% from the average daily volume of 62,538,898 shares. The stock had previously closed at $14.77.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on F shares. UBS Group increased their target price on shares of Ford Motor from $14.00 to $17.00 and gave the stock a “buy” rating in a report on Monday, June 8th. Bank of America increased their target price on shares of Ford Motor from $17.00 to $20.00 and gave the stock a “buy” rating in a report on Friday, May 29th. Morgan Stanley reiterated an “equal weight” rating and set a $14.00 target price on shares of Ford Motor in a report on Wednesday, May 13th. TD Cowen reduced their target price on shares of Ford Motor from $14.00 to $13.00 and set a “hold” rating on the stock in a report on Friday, May 1st. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and issued a $13.00 price objective on shares of Ford Motor in a research note on Friday, May 15th. Five analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $14.63.

Ford Motor Price Performance

The stock’s fifty day moving average price is $13.52 and its two-hundred day moving average price is $13.30. The firm has a market capitalization of $57.52 billion, a price-to-earnings ratio of -9.31, a price-to-earnings-growth ratio of 0.32 and a beta of 1.79. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 2.84.

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

Ford Motor Announces Dividend

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

Institutional Investors Weigh In On Ford Motor

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

Ford Motor Company Profile

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.