Ford Motor (NYSE:F) Shares Down 2.1% – Time to Sell?

Ford Motor Company (NYSE:F) shares traded down 2.1% during mid-day trading on Monday . The stock traded as low as $14.00 and last traded at $14.07. 31,360,134 shares changed hands during trading, a decline of 48% from the average daily volume of 59,800,910 shares. The stock had previously closed at $14.37.

Analyst Upgrades and Downgrades

F has been the subject of a number of recent research reports. Zacks Research lowered shares of Ford Motor from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. Wells Fargo & Company increased their price objective on shares of Ford Motor from $10.00 to $11.00 and gave the company an “underweight” rating in a research report on Thursday, June 25th. Bank of America lifted their price objective on shares of Ford Motor from $17.00 to $20.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Citigroup upgraded shares of Ford Motor from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $19.00 to $20.00 in a report on Wednesday, July 29th. Finally, TD Cowen upped their target price on shares of Ford Motor from $13.00 to $15.00 and gave the company a “hold” rating in a research report on Wednesday, July 29th. Eight investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $15.68.

Ford Motor Trading Down 2.1%

The stock has a market cap of $56.11 billion, a PE ratio of -7.52, a PEG ratio of 0.30 and a beta of 1.82. The company has a debt-to-equity ratio of 3.07, a quick ratio of 0.93 and a current ratio of 1.09. The stock has a fifty day moving average price of $14.18 and a 200 day moving average price of $13.50.

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

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, August 11th. This represents a $0.60 annualized dividend and a dividend yield of 4.3%. Ford Motor’s dividend payout ratio is currently -32.09%.

Institutional Investors Weigh In On Ford Motor

Institutional investors have recently made changes to their positions in the company. Maripau Wealth Management LLC raised its position in Ford Motor by 1.6% during the 1st quarter. Maripau Wealth Management LLC now owns 46,606 shares of the auto manufacturer’s stock worth $538,000 after buying an additional 749 shares during the last quarter. Wayfinding Financial LLC raised its holdings in shares of Ford Motor by 5.8% during the second quarter. Wayfinding Financial LLC now owns 13,652 shares of the auto manufacturer’s stock worth $189,000 after purchasing an additional 754 shares during the last quarter. Parkside Financial Bank & Trust boosted its holdings in Ford Motor by 7.4% in the fourth quarter. Parkside Financial Bank & Trust now owns 10,999 shares of the auto manufacturer’s stock valued at $144,000 after purchasing an additional 756 shares during the last quarter. Robertson Stephens Wealth Management LLC grew its position in Ford Motor by 1.8% during the 4th quarter. Robertson Stephens Wealth Management LLC now owns 42,683 shares of the auto manufacturer’s stock worth $560,000 after purchasing an additional 761 shares during the period. Finally, Southern Financial Group LLC raised its stake in shares of Ford Motor by 2.3% during the 1st quarter. Southern Financial Group LLC now owns 34,714 shares of the auto manufacturer’s stock valued at $401,000 after buying an additional 776 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Ford Motor Company Profile

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.