Ford Motor (NYSE:F) Shares Down 2.6% – Should You Sell?

Ford Motor Company (NYSE:F) traded down 2.6% during trading on Tuesday . The company traded as low as $13.48 and last traded at $13.4950. Approximately 45,141,979 shares changed hands during trading, a decline of 22% from the average session volume of 57,932,574 shares. The stock had previously closed at $13.86.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. DZ Bank upgraded Ford Motor from a “sell” rating to a “hold” rating and set a $16.00 price objective for the company in a research report on Friday, July 31st. JPMorgan Chase & Co. lifted their price objective on Ford Motor from $16.00 to $17.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Zacks Research cut Ford Motor from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 4th. Piper Sandler raised their target price on shares of Ford Motor from $16.00 to $17.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Finally, Wall Street Zen lowered shares of Ford Motor from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Eight research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $15.68.

Ford Motor Stock Performance

The company has a current ratio of 1.09, a quick ratio of 0.93 and a debt-to-equity ratio of 3.07. The stock has a market capitalization of $53.81 billion, a price-to-earnings ratio of -7.22, a price-to-earnings-growth ratio of 0.29 and a beta of 1.83. The firm’s fifty day moving average price is $14.14 and its 200 day moving average price is $13.53.

Ford Motor (NYSE:F) last posted its earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.09. The firm had revenue of $48.30 billion during the quarter, compared to the consensus estimate of $47.24 billion. Ford Motor had a negative net margin of 3.93% and a positive return on equity of 17.23%. The firm’s revenue for the quarter was down 3.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.37 EPS. Analysts forecast that Ford Motor Company will post 1.86 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend was Tuesday, August 11th. Ford Motor’s dividend payout ratio is presently -32.09%.

Institutional Investors Weigh In On Ford Motor

Hedge funds have recently bought and sold shares of the stock. MV Capital Management Inc. acquired a new stake in Ford Motor in the fourth quarter valued at approximately $25,000. Manning & Napier Advisors LLC acquired a new position in Ford Motor in the second quarter valued at $31,000. Legacy Wealth Managment LLC ID grew its stake in Ford Motor by 108.4% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 2,365 shares of the auto manufacturer’s stock worth $27,000 after buying an additional 1,230 shares during the last quarter. Caldwell Trust Co grew its position in shares of Ford Motor by 605.8% during the first quarter. Caldwell Trust Co now owns 2,534 shares of the auto manufacturer’s stock worth $29,000 after acquiring an additional 2,175 shares during the last quarter. Finally, SJS Investment Consulting Inc. increased its stake in Ford Motor by 343.3% in the first quarter. SJS Investment Consulting Inc. now owns 2,633 shares of the auto manufacturer’s stock valued at $30,000 after purchasing an additional 2,039 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.

About Ford Motor

Ford Motor Co is a global automotive company that designs, manufactures, markets and services cars, trucks, sport utility vehicles and commercial vehicles. Its portfolio includes the Ford and Lincoln brands, as well as a range of gasoline-powered, hybrid and electric vehicles. Ford also provides vehicle maintenance, repair and related services through its dealer network.

The company organizes its automotive operations into Ford Blue, which focuses on traditional and hybrid vehicles; Ford Model e, which develops electric vehicles and connected technologies; and Ford Pro, which serves commercial and government customers with vehicles, software and fleet-management services.