Ford Motor (NYSE:F) Trading Down 4.1%

Ford Motor (NYSE:F)’s stock price dropped 4.1% during trading on Monday . The stock traded as low as $9.49 and last traded at $9.62. Approximately 39,973,056 shares changed hands during mid-day trading, a decline of 26% from the average daily volume of 54,299,641 shares. The stock had previously closed at $10.03.

Analyst Ratings Changes

F has been the subject of several recent analyst reports. The Goldman Sachs Group cut their price objective on shares of Ford Motor from $14.00 to $12.00 and set a “neutral” rating for the company in a research report on Thursday, July 25th. StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. Sanford C. Bernstein started coverage on Ford Motor in a report on Thursday, May 23rd. They issued an “outperform” rating and a $16.00 price objective on the stock. Royal Bank of Canada raised their target price on Ford Motor from $12.00 to $13.00 and gave the stock a “sector perform” rating in a research note on Thursday, April 25th. Finally, Evercore ISI raised Ford Motor to a “hold” rating in a research note on Friday, July 26th. One analyst has rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $13.75.

Ford Motor Price Performance

The company has a debt-to-equity ratio of 2.30, a current ratio of 1.17 and a quick ratio of 1.00. The company’s 50 day simple moving average is $12.32 and its 200 day simple moving average is $12.37. The company has a market capitalization of $39.05 billion, a PE ratio of 10.22, a price-to-earnings-growth ratio of 0.75 and a beta of 1.62.

Ford Motor (NYSE:F) last posted its earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 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 firm’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.72 EPS. As a group, sell-side analysts predict that Ford Motor will post 1.94 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 3rd. Stockholders of record on Wednesday, August 7th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, August 7th. This represents a $0.60 annualized dividend and a dividend yield of 6.13%. Ford Motor’s dividend payout ratio (DPR) is 61.86%.

Insider Buying and Selling at Ford Motor

In related news, Director Jon M. Huntsman, Jr. sold 81,234 shares of Ford Motor stock in a transaction on Friday, May 24th. The shares were sold at an average price of $12.09, for a total value of $982,119.06. Following the transaction, the director now directly owns 168,601 shares in the company, valued at approximately $2,038,386.09. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.80% of the stock is owned by company insiders.

Institutional Investors Weigh In On Ford Motor

Several institutional investors have recently made changes to their positions in F. Olistico Wealth LLC purchased a new position in Ford Motor in the 2nd quarter valued at approximately $25,000. Fortis Group Advisors LLC increased its position in shares of Ford Motor by 100.0% in the fourth quarter. Fortis Group Advisors LLC now owns 2,172 shares of the auto manufacturer’s stock valued at $26,000 after buying an additional 1,086 shares in the last quarter. Family Firm Inc. acquired a new position in shares of Ford Motor during the 2nd quarter worth $26,000. Voisard Asset Management Group Inc. purchased a new stake in shares of Ford Motor in the 4th quarter worth about $27,000. Finally, Financial Synergies Wealth Advisors Inc. grew its stake in Ford Motor by 1,997.9% in the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock valued at $27,000 after acquiring an additional 1,938 shares during the last quarter. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

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.