Ford Motor (NYSE:F) Stock Price Down 0.3% – Should You Sell?

Ford Motor (NYSE:F)’s stock price was down 0.3% during mid-day trading on Thursday . The company traded as low as $9.58 and last traded at $9.73. Approximately 61,508,922 shares changed hands during trading, a decline of 7% from the average daily volume of 66,428,859 shares. The stock had previously closed at $9.76.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on F shares. Deutsche Bank Aktiengesellschaft reduced their price objective on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research note on Wednesday, October 30th. Jefferies Financial Group cut Ford Motor from a “hold” rating to an “underperform” rating and reduced their price objective for the company from $12.00 to $9.00 in a research note on Monday, December 16th. Morgan Stanley cut Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price objective for the company from $16.00 to $12.00 in a research note on Wednesday, September 25th. Sanford C. Bernstein cut Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price on the stock. in a research note on Thursday, November 7th. Finally, Wolfe Research reissued 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, eight have assigned a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $11.83.

Ford Motor Stock Down 0.8 %

The company has a market cap of $38.39 billion, a P/E ratio of 10.98, a P/E/G ratio of 1.89 and a beta of 1.62. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. The company’s 50-day moving average is $10.47 and its two-hundred day moving average is $11.02.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.02. The company had revenue of $46.20 billion during the quarter, compared to the consensus estimate of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The firm’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.39 earnings per share. As a group, equities analysts predict that Ford Motor will post 1.81 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 7th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 6.21%. The ex-dividend date was Thursday, November 7th. Ford Motor’s dividend payout ratio (DPR) is currently 68.18%.

Institutional Investors Weigh In On Ford Motor

Large investors have recently added to or reduced their stakes in the stock. Los Angeles Capital Management LLC grew its position in shares of Ford Motor by 53.6% during the 2nd quarter. Los Angeles Capital Management LLC now owns 31,510 shares of the auto manufacturer’s stock valued at $395,000 after acquiring an additional 10,999 shares during the period. Prudential PLC grew its position in shares of Ford Motor by 45.4% during the 2nd quarter. Prudential PLC now owns 59,160 shares of the auto manufacturer’s stock valued at $742,000 after acquiring an additional 18,467 shares during the period. Main Street Financial Solutions LLC grew its position in shares of Ford Motor by 14.9% during the 2nd quarter. Main Street Financial Solutions LLC now owns 43,331 shares of the auto manufacturer’s stock valued at $543,000 after acquiring an additional 5,630 shares during the period. Meeder Advisory Services Inc. grew its position in shares of Ford Motor by 39.8% during the 2nd quarter. Meeder Advisory Services Inc. now owns 88,351 shares of the auto manufacturer’s stock valued at $1,108,000 after acquiring an additional 25,167 shares during the period. Finally, Stoneridge Investment Partners LLC bought a new stake in shares of Ford Motor during the 2nd quarter valued at $1,542,000. Institutional investors own 58.74% of the company’s stock.

Ford Motor Company Profile

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.