Ford Motor (NYSE:F) Sets New 52-Week Low – Here’s Why

Shares of Ford Motor (NYSE:F) reached a new 52-week low on Tuesday . The stock traded as low as $9.09 and last traded at $9.17, with a volume of 6587985 shares traded. The stock had previously closed at $9.39.

Wall Street Analysts Forecast Growth

F has been the topic of a number of research analyst reports. Royal Bank of Canada cut their price target on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a report on Thursday, February 6th. Jefferies Financial Group downgraded Ford Motor from a “hold” rating to an “underperform” rating and dropped their price objective for the company from $12.00 to $9.00 in a research note on Monday, December 16th. Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Bank of America cut their price target on Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a research note on Thursday, February 6th. Finally, JPMorgan Chase & Co. lowered their price objective on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research note on Friday, February 7th. Three investment 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’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $11.89.

Ford Motor Trading Down 2.1 %

The stock’s fifty day simple moving average is $9.73 and its two-hundred day simple moving average is $10.39. The firm has a market cap of $37.43 billion, a PE ratio of 6.47, a PEG ratio of 0.61 and a beta of 1.63. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, beating 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%. On average, sell-side analysts forecast that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued a $0.15 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $0.60 annualized dividend and a yield of 6.35%. Ford Motor’s dividend payout ratio (DPR) is presently 41.10%.

Institutional Trading of Ford Motor

Several institutional investors have recently added to or reduced their stakes in F. Farther Finance Advisors LLC raised its stake in Ford Motor by 4.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 43,153 shares of the auto manufacturer’s stock valued at $456,000 after buying an additional 2,004 shares during the last quarter. Janney Montgomery Scott LLC increased its position in Ford Motor by 49.3% during the third quarter. Janney Montgomery Scott LLC now owns 998,712 shares of the auto manufacturer’s stock valued at $10,546,000 after acquiring an additional 329,631 shares during the last quarter. Robeco Institutional Asset Management B.V. lifted its holdings in Ford Motor by 4.0% in the third quarter. Robeco Institutional Asset Management B.V. now owns 3,805,352 shares of the auto manufacturer’s stock valued at $40,185,000 after acquiring an additional 146,376 shares during the period. Asset Management One Co. Ltd. boosted its position in Ford Motor by 1.2% in the third quarter. Asset Management One Co. Ltd. now owns 1,428,642 shares of the auto manufacturer’s stock worth $15,086,000 after purchasing an additional 17,461 shares during the last quarter. Finally, Catalyst Capital Advisors LLC grew its stake in shares of Ford Motor by 414.9% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 31,925 shares of the auto manufacturer’s stock valued at $337,000 after purchasing an additional 25,725 shares during the period. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

About Ford Motor

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.