Ford Motor (NYSE:F) Stock Price Down 0.4% – Should You Sell?

Ford Motor (NYSE:F)’s stock price fell 0.4% during trading on Monday . The company traded as low as $11.05 and last traded at $11.06. 6,956,077 shares were traded during mid-day trading, a decline of 87% from the average session volume of 53,030,938 shares. The stock had previously closed at $11.10.

Analysts Set New Price Targets

A number of research firms have issued reports on F. Evercore ISI upgraded shares of Ford Motor to a “hold” rating in a research note on Friday, July 26th. Barclays cut their target price on Ford Motor from $16.00 to $14.00 and set an “overweight” rating on the stock in a report on Tuesday, October 15th. The Goldman Sachs Group upgraded Ford Motor from a “neutral” rating to a “buy” rating and upped their price target for the stock from $12.00 to $13.00 in a research note on Tuesday, October 1st. Wolfe Research began coverage on Ford Motor in a research note on Thursday, September 5th. They issued a “peer perform” rating on the stock. Finally, Wells Fargo & Company decreased their target price on Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a research report on Tuesday, September 10th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $12.56.

Ford Motor Trading Down 0.5 %

The company has a current ratio of 1.17, a quick ratio of 1.00 and a debt-to-equity ratio of 2.30. The business’s fifty day simple moving average is $10.79 and its two-hundred day simple moving average is $11.73. The stock has a market capitalization of $44.16 billion, a P/E ratio of 11.49, a P/E/G ratio of 0.77 and a beta of 1.62.

Ford Motor (NYSE:F) last announced its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $47.79 billion. Ford Motor had a return on equity of 15.28% and a net margin of 2.13%. Ford Motor’s revenue was up 6.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.72 EPS. As a group, analysts forecast that Ford Motor will post 1.88 earnings per share for the current year.

Institutional Trading of Ford Motor

Institutional investors have recently made changes to their positions in the business. Assenagon Asset Management S.A. boosted its position in Ford Motor by 14,373.9% in the third quarter. Assenagon Asset Management S.A. now owns 8,885,389 shares of the auto manufacturer’s stock valued at $93,830,000 after buying an additional 8,824,000 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Ford Motor by 27.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 36,190,972 shares of the auto manufacturer’s stock worth $453,732,000 after acquiring an additional 7,793,944 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund grew its position in Ford Motor by 456.9% during the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 4,000,000 shares of the auto manufacturer’s stock worth $50,160,000 after acquiring an additional 3,281,800 shares during the last quarter. AQR Capital Management LLC increased its holdings in Ford Motor by 103.6% during the 2nd quarter. AQR Capital Management LLC now owns 4,908,726 shares of the auto manufacturer’s stock valued at $60,844,000 after purchasing an additional 2,497,695 shares in the last quarter. Finally, International Assets Investment Management LLC raised its position in Ford Motor by 1,215.6% in the 3rd quarter. International Assets Investment Management LLC now owns 2,693,585 shares of the auto manufacturer’s stock valued at $28,444,000 after purchasing an additional 2,488,850 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.