Ford Motor (NYSE:F) Stock Price Down 1.1% – Should You Sell?

Ford Motor (NYSE:F) traded down 1.1% during mid-day trading on Monday . The stock traded as low as $11.00 and last traded at $11.01. 16,087,423 shares changed hands during trading, a decline of 70% from the average session volume of 53,705,398 shares. The stock had previously closed at $11.13.

Analyst Upgrades and Downgrades

Several research firms have recently commented on F. Royal Bank of Canada reissued a “sector perform” rating and issued a $10.00 price target on shares of Ford Motor in a report on Tuesday, October 29th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research report on Wednesday, October 30th. Wolfe Research started coverage on shares of Ford Motor in a report on Thursday, September 5th. They issued a “peer perform” rating for the company. Barclays decreased their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a report on Tuesday, October 29th. Finally, Wells Fargo & Company dropped their target price on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a report on Tuesday, September 10th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $12.02.

Ford Motor Stock Up 0.3 %

The stock has a market cap of $43.12 billion, a price-to-earnings ratio of 12.30, a P/E/G ratio of 2.00 and a beta of 1.62. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34. The firm’s 50 day moving average is $10.86 and its two-hundred day moving average is $11.39.

Ford Motor (NYSE:F) last issued 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. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The company had revenue of $46.20 billion during the quarter, compared to the consensus estimate of $45.13 billion. During the same period in the previous year, the firm posted $0.39 EPS. Ford Motor’s revenue was up 5.5% on a year-over-year basis. On average, sell-side analysts predict that Ford Motor will post 1.81 EPS for the current year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 7th were issued a $0.15 dividend. The ex-dividend date was Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a yield of 5.53%. Ford Motor’s payout ratio is 68.18%.

Institutional Trading of Ford Motor

A number of institutional investors and hedge funds have recently made changes to their positions in F. Charles Schwab Investment Management Inc. raised its holdings in Ford Motor by 4.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 122,609,058 shares of the auto manufacturer’s stock valued at $1,294,752,000 after buying an additional 5,270,562 shares during the period. Geode Capital Management LLC increased its position in shares of Ford Motor by 1.7% in the third quarter. Geode Capital Management LLC now owns 81,989,157 shares of the auto manufacturer’s stock worth $863,009,000 after acquiring an additional 1,336,676 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Ford Motor by 27.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 36,190,972 shares of the auto manufacturer’s stock valued at $453,732,000 after acquiring an additional 7,793,944 shares during the period. Legal & General Group Plc lifted its holdings in shares of Ford Motor by 1.0% during the 2nd quarter. Legal & General Group Plc now owns 31,823,353 shares of the auto manufacturer’s stock valued at $399,066,000 after acquiring an additional 318,715 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Ford Motor by 2.7% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 24,347,303 shares of the auto manufacturer’s stock valued at $257,108,000 after purchasing an additional 636,330 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

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.