Ford Motor (NYSE:F) Trading Down 0.3% – Here’s Why

Ford Motor (NYSE:F) shares fell 0.3% during trading on Thursday . The company traded as low as $10.61 and last traded at $10.70. 14,295,209 shares changed hands during mid-day trading, a decline of 73% from the average session volume of 53,780,605 shares. The stock had previously closed at $10.73.

Analyst Ratings Changes

A number of research firms have recently commented on F. Deutsche Bank Aktiengesellschaft lowered their target price on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research note on Wednesday, October 30th. Morgan Stanley cut Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $16.00 to $12.00 in a research note on Wednesday, September 25th. Barclays lowered their price objective on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research note on Tuesday, October 29th. Wolfe Research assumed coverage on Ford Motor in a research note on Thursday, September 5th. They set a “peer perform” rating for the company. Finally, StockNews.com upgraded Ford Motor from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $12.02.

Ford Motor Stock Up 1.0 %

The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. The company has a market cap of $43.08 billion, a P/E ratio of 12.16, a price-to-earnings-growth ratio of 2.01 and a beta of 1.62. The company has a fifty day moving average of $10.82 and a 200 day moving average of $11.48.

Ford Motor (NYSE:F) last released its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) 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 business had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. During the same quarter in the previous year, the company posted $0.39 earnings per share. Ford Motor’s revenue for the quarter was up 5.5% on a year-over-year basis. On average, research analysts anticipate that Ford Motor will post 1.81 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, November 7th. This represents a $0.60 annualized dividend and a dividend yield of 5.54%. Ford Motor’s dividend payout ratio (DPR) is 68.18%.

Institutional Investors Weigh In On Ford Motor

Several large investors have recently bought and sold shares of F. Virtu Financial LLC bought a new position in shares of Ford Motor in the third quarter worth about $1,045,000. Second Line Capital LLC increased its holdings in Ford Motor by 20.7% in the 3rd quarter. Second Line Capital LLC now owns 15,277 shares of the auto manufacturer’s stock worth $161,000 after buying an additional 2,625 shares during the period. Sunbelt Securities Inc. increased its holdings in Ford Motor by 21.4% in the 3rd quarter. Sunbelt Securities Inc. now owns 40,674 shares of the auto manufacturer’s stock worth $430,000 after buying an additional 7,175 shares during the period. Neo Ivy Capital Management acquired a new position in Ford Motor in the 3rd quarter worth approximately $3,210,000. Finally, Geode Capital Management LLC grew its stake in shares of Ford Motor by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 81,989,157 shares of the auto manufacturer’s stock worth $863,009,000 after purchasing an additional 1,336,676 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.