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

Ford Motor (NYSE:F)’s stock price was down 0.8% 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

A number of research analysts recently issued reports on the stock. Evercore ISI lowered their price target on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a research report on Monday, February 10th. Barclays downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price target for the stock from $13.00 to $11.00 in a research note on Wednesday, January 22nd. TD Cowen began coverage on Ford Motor in a research note on Friday, March 7th. They set a “hold” rating and a $10.00 price objective for the company. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Finally, Wells Fargo & Company reduced their price target on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a research report on Thursday, February 6th. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $11.37.

Ford Motor Trading Down 1.3 %

The firm has a market capitalization of $39.22 billion, a P/E ratio of 6.78, a PEG ratio of 0.61 and a beta of 1.59. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The stock has a fifty day simple moving average of $9.75 and a 200 day simple moving average of $10.27.

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 net margin of 3.18% and a return on equity of 16.88%. As a group, research analysts forecast that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.06%. Ford Motor’s payout ratio is 41.10%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Mascagni Wealth Management Inc. bought a new position in Ford Motor during the fourth quarter valued at $87,000. Chancellor Financial Group WB LP bought a new position in shares of Ford Motor in the 4th quarter valued at about $182,000. Tableaux LLC purchased a new position in Ford Motor in the fourth quarter worth about $148,000. Northstar Financial Companies Inc. bought a new stake in Ford Motor during the fourth quarter worth approximately $154,000. Finally, Wood Tarver Financial Group LLC purchased a new stake in Ford Motor during the fourth quarter valued at approximately $31,000. 58.74% of the stock is 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.