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

Ford Motor (NYSE:F) shares fell 0.3% during mid-day trading on Friday . The stock traded as low as $9.32 and last traded at $9.37. 15,316,698 shares were traded during mid-day trading, a decline of 79% from the average session volume of 73,607,781 shares. The stock had previously closed at $9.39.

Wall Street Analyst Weigh In

F has been the topic of several research reports. Sanford C. Bernstein lowered shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target on the stock. in a report on Thursday, November 7th. Wells Fargo & Company cut their price target on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a report on Thursday, February 6th. Royal Bank of Canada cut their price target on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a report on Thursday, February 6th. JPMorgan Chase & Co. cut their price target on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a report on Friday, February 7th. Finally, BNP Paribas upgraded shares of Ford Motor to a “hold” rating in a report on Monday, February 10th. Three 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. Based on data from MarketBeat, Ford Motor presently has an average rating of “Hold” and an average target price of $11.89.

Ford Motor Price Performance

The company has a market cap of $36.80 billion, a PE ratio of 6.36, a price-to-earnings-growth ratio of 0.61 and a beta of 1.63. The business’s 50 day moving average price is $9.81 and its 200-day moving average price is $10.44. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping 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, analysts forecast that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be paid a $0.15 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.46%. Ford Motor’s dividend payout ratio (DPR) is presently 41.10%.

Institutional Trading of Ford Motor

A number of hedge funds and other institutional investors have recently made changes to their positions in F. Hager Investment Management Services LLC acquired a new position in Ford Motor in the fourth quarter worth $26,000. Bank of Jackson Hole Trust acquired a new position in Ford Motor in the fourth quarter worth $29,000. Flagship Wealth Advisors LLC acquired a new position in Ford Motor in the fourth quarter worth $30,000. Kentucky Trust Co acquired a new position in Ford Motor in the fourth quarter worth $31,000. Finally, Spurstone Advisory Services LLC acquired a new position in Ford Motor in the fourth quarter worth $31,000. 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.