Ford Motor (NYSE:F) Stock Price Down 3.4% – Should You Sell?

Ford Motor Company (NYSE:F) fell 3.4% on Monday . The company traded as low as $13.78 and last traded at $13.9250. 53,219,647 shares changed hands during mid-day trading, a decline of 10% from the average daily volume of 59,273,047 shares. The stock had previously closed at $14.41.

Analyst Ratings Changes

F has been the topic of a number of research reports. Bank of America upped their target price on shares of Ford Motor from $17.00 to $20.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. The Goldman Sachs Group boosted their price objective on shares of Ford Motor from $13.00 to $16.00 and gave the stock a “neutral” rating in a research report on Thursday, June 11th. TD Cowen upped their price objective on Ford Motor from $13.00 to $15.00 and gave the stock a “hold” rating in a report on Wednesday, July 29th. Wells Fargo & Company increased their price objective on Ford Motor from $10.00 to $11.00 and gave the company an “underweight” rating in a research report on Thursday, June 25th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Ford Motor in a research note on Wednesday, June 24th. Eight research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $15.68.

Ford Motor Trading Down 3.4%

The company has a debt-to-equity ratio of 3.07, a quick ratio of 0.93 and a current ratio of 1.09. The company has a market capitalization of $55.53 billion, a price-to-earnings ratio of -7.45, a P/E/G ratio of 0.30 and a beta of 1.82. The business’s 50-day simple moving average is $14.12 and its 200-day simple moving average is $13.51.

Ford Motor (NYSE:F) last issued its earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.09. The company had revenue of $48.30 billion for the quarter, compared to analyst estimates of $47.24 billion. Ford Motor had a negative net margin of 3.93% and a positive return on equity of 17.23%. The company’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. On average, research analysts expect that Ford Motor Company will post 1.86 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, August 11th. This represents a $0.60 dividend on an annualized basis and a yield of 4.3%. Ford Motor’s dividend payout ratio (DPR) is presently -32.09%.

Institutional Trading of Ford Motor

Institutional investors and hedge funds have recently made changes to their positions in the business. Maripau Wealth Management LLC grew its holdings in shares of Ford Motor by 1.6% in the 1st quarter. Maripau Wealth Management LLC now owns 46,606 shares of the auto manufacturer’s stock valued at $538,000 after buying an additional 749 shares during the period. Wayfinding Financial LLC raised its stake in Ford Motor by 5.8% during the 2nd quarter. Wayfinding Financial LLC now owns 13,652 shares of the auto manufacturer’s stock worth $189,000 after buying an additional 754 shares during the period. Parkside Financial Bank & Trust raised its stake in Ford Motor by 7.4% during the 4th quarter. Parkside Financial Bank & Trust now owns 10,999 shares of the auto manufacturer’s stock worth $144,000 after buying an additional 756 shares during the period. Robertson Stephens Wealth Management LLC lifted its holdings in Ford Motor by 1.8% during the fourth quarter. Robertson Stephens Wealth Management LLC now owns 42,683 shares of the auto manufacturer’s stock worth $560,000 after acquiring an additional 761 shares in the last quarter. Finally, Southern Financial Group LLC lifted its holdings in Ford Motor by 2.3% during the first quarter. Southern Financial Group LLC now owns 34,714 shares of the auto manufacturer’s stock worth $401,000 after acquiring an additional 776 shares in the last quarter. Institutional investors own 58.74% of the company’s stock.

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.