Ford Motor (NYSE:F) Shares Down 0.8% – Should You Sell?

Shares of Ford Motor (NYSE:F) dropped 0.8% during mid-day trading on Tuesday . The company traded as low as $9.89 and last traded at $9.95. Approximately 39,193,152 shares were traded during mid-day trading, a decline of 60% from the average daily volume of 99,059,523 shares. The stock had previously closed at $10.03.

Analyst Upgrades and Downgrades

Several research firms have weighed in on F. Bank of America dropped their price target on Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a research note on Thursday, February 6th. JPMorgan Chase & Co. dropped their target price on Ford Motor from $13.00 to $11.00 and set an “overweight” rating on the stock in a research report on Thursday, March 27th. Wells Fargo & Company cut their price target on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a report on Thursday, February 6th. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Finally, Barclays downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $13.00 to $11.00 in a report on Wednesday, January 22nd. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, Ford Motor currently has an average rating of “Hold” and an average price target of $11.37.

Ford Motor Stock Up 2.0 %

The company has a market cap of $40.19 billion, a price-to-earnings ratio of 6.95, a PEG ratio of 0.61 and a beta of 1.59. The business has a fifty day moving average of $9.74 and a two-hundred day moving average of $10.27. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31.

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

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 annualized dividend and a dividend yield of 5.92%. Ford Motor’s dividend payout ratio (DPR) is 41.10%.

Institutional Investors Weigh In On Ford Motor

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