Ford Motor (NYSE:F) Stock Price Down 2.5% – Should You Sell?

Ford Motor (NYSE:F)’s stock price fell 2.5% during mid-day trading on Tuesday . The stock traded as low as $9.07 and last traded at $9.16. 50,048,078 shares were traded during trading, a decline of 36% from the average session volume of 77,964,602 shares. The stock had previously closed at $9.39.

Wall Street Analyst Weigh In

F has been the subject of a number of analyst reports. Wells Fargo & Company cut their price target on Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a report on Thursday, February 6th. Jefferies Financial Group cut Ford Motor from a “hold” rating to an “underperform” rating and decreased their price target for the company from $12.00 to $9.00 in a research report on Monday, December 16th. Royal Bank of Canada cut their price objective on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating for the company in a research report on Thursday, February 6th. Bank of America decreased their target price on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a report on Thursday, February 6th. Finally, BNP Paribas raised shares of Ford Motor to a “hold” rating in a report on Monday, February 10th. Three analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, Ford Motor has an average rating of “Hold” and a consensus target price of $11.89.

Ford Motor Stock Performance

The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The company has a fifty day moving average price of $9.76 and a 200 day moving average price of $10.41. The stock has a market cap of $36.21 billion, a PE ratio of 6.26, a P/E/G ratio of 0.61 and a beta of 1.63.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. Analysts expect that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 6.57%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is 41.10%.

Institutional Investors Weigh In On Ford Motor

Institutional investors and hedge funds have recently bought and sold shares of the business. Hager Investment Management Services LLC bought a new position in Ford Motor in the fourth quarter worth $26,000. Bank of Jackson Hole Trust bought a new position in shares of Ford Motor during the fourth quarter valued at approximately $29,000. Flagship Wealth Advisors LLC bought a new position in shares of Ford Motor during the fourth quarter valued at approximately $30,000. Kentucky Trust Co purchased a new position in shares of Ford Motor during the fourth quarter valued at approximately $31,000. Finally, Spurstone Advisory Services LLC bought a new stake in shares of Ford Motor in the 4th quarter worth approximately $31,000. Hedge funds and other 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.