Ford Motor (NYSE:F) Stock Price Down 1%

Ford Motor (NYSE:F) shares dropped 1% during trading on Tuesday . The company traded as low as $10.88 and last traded at $10.90. Approximately 19,513,703 shares changed hands during trading, a decline of 64% from the average daily volume of 53,495,148 shares. The stock had previously closed at $11.01.

Analysts Set New Price Targets

F has been the topic of a number of research analyst reports. Citigroup boosted their price objective on shares of Ford Motor from $16.00 to $18.00 and gave the company a “buy” rating in a research report on Thursday, May 2nd. Sanford C. Bernstein initiated coverage on shares of Ford Motor in a research report on Thursday, May 23rd. They set an “outperform” rating and a $16.00 price objective on the stock. Royal Bank of Canada boosted their price objective on shares of Ford Motor from $12.00 to $13.00 and gave the company a “sector perform” rating in a research report on Thursday, April 25th. StockNews.com downgraded shares of Ford Motor from a “hold” rating to a “sell” rating in a research report on Thursday, July 25th. Finally, Barclays lowered their price objective on shares of Ford Motor from $17.00 to $16.00 and set an “overweight” rating on the stock in a research report on Thursday, July 25th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $13.79.

Ford Motor Stock Down 1.5 %

The firm has a market cap of $43.28 billion, a price-to-earnings ratio of 11.24, a PEG ratio of 0.77 and a beta of 1.62. The company has a debt-to-equity ratio of 2.30, a quick ratio of 1.00 and a current ratio of 1.17. The business’s 50-day moving average is $12.52 and its 200-day moving average is $12.41.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.21). The firm had revenue of $47.81 billion for the quarter, compared to analyst estimates of $47.79 billion. Ford Motor had a return on equity of 15.28% and a net margin of 2.13%. The company’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.72 EPS. On average, equities analysts predict that Ford Motor will post 1.98 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 3rd. Investors of record on Wednesday, August 7th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.54%. The ex-dividend date is Wednesday, August 7th. Ford Motor’s dividend payout ratio (DPR) is currently 61.86%.

Insider Buying and Selling

In other Ford Motor news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the stock in a transaction dated Friday, May 24th. The shares were sold at an average price of $12.09, for a total transaction of $982,119.06. Following the sale, the director now owns 168,601 shares of the company’s stock, valued at approximately $2,038,386.09. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.80% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Ford Motor

A number of hedge funds have recently added to or reduced their stakes in F. Olistico Wealth LLC acquired a new stake in shares of Ford Motor during the 2nd quarter worth approximately $25,000. Fortis Group Advisors LLC grew its position in shares of Ford Motor by 100.0% during the 4th quarter. Fortis Group Advisors LLC now owns 2,172 shares of the auto manufacturer’s stock worth $26,000 after buying an additional 1,086 shares during the period. Family Firm Inc. acquired a new stake in shares of Ford Motor during the 2nd quarter worth approximately $26,000. Voisard Asset Management Group Inc. acquired a new stake in shares of Ford Motor during the 4th quarter worth approximately $27,000. Finally, Financial Synergies Wealth Advisors Inc. grew its position in shares of Ford Motor by 1,997.9% during the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock worth $27,000 after buying an additional 1,938 shares during the period. Institutional investors own 58.74% of the company’s stock.

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.