Ford Motor (NYSE:F) Stock Price Down 2.5%

Ford Motor (NYSE:F)’s stock price dropped 2.5% during trading on Tuesday . The stock traded as low as $13.57 and last traded at $13.77. Approximately 24,639,986 shares were traded during mid-day trading, a decline of 52% from the average daily volume of 51,167,898 shares. The stock had previously closed at $14.12.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Barclays lifted their price objective on Ford Motor from $16.00 to $17.00 and gave the company an “overweight” rating in a research note on Tuesday, July 16th. Citigroup boosted their price target on Ford Motor from $16.00 to $18.00 and gave the company a “buy” rating in a report on Thursday, May 2nd. Sanford C. Bernstein started coverage on Ford Motor in a research report on Thursday, May 23rd. They issued an “outperform” rating and a $16.00 price objective on the stock. Royal Bank of Canada lifted their target price on shares of Ford Motor from $12.00 to $13.00 and gave the company a “sector perform” rating in a report on Thursday, April 25th. Finally, UBS Group increased their price target on shares of Ford Motor from $13.00 to $14.00 and gave the stock a “neutral” rating in a report on Thursday, April 25th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $14.18.

Ford Motor Price Performance

The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.99 and a current ratio of 1.17. The stock has a market capitalization of $55.61 billion, a PE ratio of 14.20, a price-to-earnings-growth ratio of 0.90 and a beta of 1.62. The stock’s 50 day moving average is $12.54 and its two-hundred day moving average is $12.40.

Ford Motor (NYSE:F) last released its earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.07. Ford Motor had a return on equity of 17.63% and a net margin of 2.21%. The business had revenue of $42.78 billion for the quarter, compared to the consensus estimate of $42.93 billion. During the same quarter last year, the business posted $0.63 earnings per share. The business’s quarterly revenue was up 3.1% compared to the same quarter last year. On average, equities analysts anticipate that Ford Motor will post 2.02 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 3rd. Investors of record on Wednesday, May 8th were given a dividend of $0.15 per share. The ex-dividend date was Tuesday, May 7th. This represents a $0.60 dividend on an annualized basis and a yield of 4.31%. Ford Motor’s payout ratio is presently 61.86%.

Insider Buying and Selling at Ford Motor

In related news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the stock in a transaction that occurred on Friday, May 24th. The stock was sold at an average price of $12.09, for a total value of $982,119.06. Following the completion of the sale, the director now owns 168,601 shares of the company’s stock, valued at $2,038,386.09. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.80% of the stock is owned by insiders.

Institutional Investors Weigh In On Ford Motor

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Sequoia Financial Advisors LLC lifted its stake in shares of Ford Motor by 15.0% in the 4th quarter. Sequoia Financial Advisors LLC now owns 342,150 shares of the auto manufacturer’s stock valued at $4,171,000 after purchasing an additional 44,581 shares during the last quarter. CVA Family Office LLC purchased a new position in Ford Motor during the fourth quarter worth about $56,000. Cerity Partners LLC increased its position in shares of Ford Motor by 287.4% during the fourth quarter. Cerity Partners LLC now owns 606,057 shares of the auto manufacturer’s stock valued at $7,388,000 after acquiring an additional 449,604 shares during the last quarter. Wedmont Private Capital raised its stake in shares of Ford Motor by 33.1% in the 1st quarter. Wedmont Private Capital now owns 17,124 shares of the auto manufacturer’s stock valued at $232,000 after acquiring an additional 4,255 shares during the period. Finally, Hodges Capital Management Inc. lifted its holdings in shares of Ford Motor by 18.3% in the 1st quarter. Hodges Capital Management Inc. now owns 95,500 shares of the auto manufacturer’s stock worth $1,268,000 after acquiring an additional 14,750 shares during the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

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.