Ford Motor (NYSE:F) Trading Down 1.7% – Should You Sell?

Ford Motor Company (NYSE:F)’s stock price dropped 1.7% on Monday . The stock traded as low as $14.43 and last traded at $14.43. Approximately 42,141,871 shares were traded during trading, a decline of 31% from the average session volume of 61,049,730 shares. The stock had previously closed at $14.68.

Analysts Set New Price Targets

F has been the subject of several recent analyst reports. Bank of America increased their price objective on Ford Motor from $17.00 to $20.00 and gave the company a “buy” rating in a report on Friday, May 29th. Royal Bank Of Canada upped their price target on shares of Ford Motor from $13.00 to $15.00 and gave the stock a “sector perform” rating in a research report on Wednesday, July 29th. Barclays increased their price target on shares of Ford Motor from $13.00 to $14.00 and gave the company an “equal weight” rating in a research note on Thursday, July 9th. UBS Group lifted their price objective on shares of Ford Motor from $14.00 to $17.00 and gave the company a “buy” rating in a research report on Monday, June 8th. Finally, The Goldman Sachs Group boosted their price objective on shares of Ford Motor from $13.00 to $16.00 and gave the stock a “neutral” rating in a research note on Thursday, June 11th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $15.68.

Ford Motor Trading Down 0.8%

The business has a 50 day moving average of $14.52 and a two-hundred day moving average of $13.48. The firm has a market cap of $56.30 billion, a P/E ratio of -7.56, a PEG ratio of 0.30 and a beta of 1.82. The company has a current ratio of 1.09, a quick ratio of 0.93 and a debt-to-equity ratio of 3.07.

Ford Motor (NYSE:F) last released its quarterly earnings data on Tuesday, July 28th. The auto manufacturer reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.09. The firm had revenue of $48.30 billion during the quarter, compared to analysts’ expectations of $47.24 billion. Ford Motor had a negative net margin of 3.93% and a positive return on equity of 17.23%. The company’s revenue for the quarter was down 3.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.37 earnings per share. Analysts predict that Ford Motor Company will post 1.86 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, August 11th. This represents a $0.60 annualized dividend and a dividend yield of 4.2%. Ford Motor’s payout ratio is presently -32.09%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of F. Bank & Trust Co grew its holdings in Ford Motor by 2.6% in the 2nd quarter. Bank & Trust Co now owns 31,665 shares of the auto manufacturer’s stock valued at $440,000 after buying an additional 794 shares in the last quarter. Accel Wealth Management lifted its holdings in shares of Ford Motor by 7.5% during the second quarter. Accel Wealth Management now owns 20,993 shares of the auto manufacturer’s stock worth $292,000 after buying an additional 1,473 shares in the last quarter. Taylor & Morgan Wealth Management LLC acquired a new stake in shares of Ford Motor during the second quarter worth $168,000. Tema ETFs LLC boosted its position in shares of Ford Motor by 10.7% in the second quarter. Tema ETFs LLC now owns 61,455 shares of the auto manufacturer’s stock valued at $854,000 after acquiring an additional 5,945 shares during the period. Finally, William Mack & Associates Inc. grew its stake in shares of Ford Motor by 20.6% in the second quarter. William Mack & Associates Inc. now owns 33,874 shares of the auto manufacturer’s stock valued at $471,000 after acquiring an additional 5,775 shares in the last quarter. 58.74% of the stock is owned by institutional investors.

About Ford Motor

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.