Ford Motor (NYSE:F) Stock Price Down 3.1% – Time to Sell?

Ford Motor Company (NYSE:F)’s stock price fell 3.1% during mid-day trading on Friday . The company traded as low as $11.65 and last traded at $11.6650. 48,423,212 shares were traded during trading, a decline of 30% from the average session volume of 69,312,891 shares. The stock had previously closed at $12.04.

Wall Street Analyst Weigh In

F has been the topic of a number of recent research reports. JPMorgan Chase & Co. increased their target price on Ford Motor from $14.00 to $15.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 21st. Zacks Research upgraded shares of Ford Motor from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 12th. Evercore increased their price objective on shares of Ford Motor from $12.00 to $14.00 and gave the company an “in-line” rating in a research report on Monday, December 22nd. HSBC raised their price objective on shares of Ford Motor from $9.80 to $12.80 and gave the company a “hold” rating in a research note on Tuesday, January 13th. Finally, Wall Street Zen downgraded shares of Ford Motor from a “buy” rating to a “sell” rating in a research note on Saturday, February 14th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Ford Motor has an average rating of “Hold” and an average target price of $13.29.

Ford Motor Trading Down 3.1%

The stock has a fifty day simple moving average of $13.56 and a 200 day simple moving average of $12.93. The company has a debt-to-equity ratio of 2.95, a quick ratio of 0.94 and a current ratio of 1.07. The firm has a market cap of $46.54 billion, a P/E ratio of -5.66, a price-to-earnings-growth ratio of 0.27 and a beta of 1.65.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, February 11th. The auto manufacturer reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.06 by $0.07. Ford Motor had a positive return on equity of 10.16% and a negative net margin of 4.37%.The firm had revenue of $45.89 billion for the quarter, compared to the consensus estimate of $41.78 billion. During the same period in the prior year, the company posted $0.39 earnings per share. The company’s quarterly revenue was down 4.8% on a year-over-year basis. On average, research analysts expect that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 13th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date of this dividend was Friday, February 13th. Ford Motor’s dividend payout ratio (DPR) is presently -29.13%.

Insider Activity

In related news, insider William Clay Ford, Jr. purchased 140,000 shares of Ford Motor stock in a transaction dated Thursday, February 19th. The stock was purchased at an average cost of $13.82 per share, for a total transaction of $1,934,800.00. Following the completion of the purchase, the insider directly owned 3,912,600 shares of the company’s stock, valued at $54,072,132. The trade was a 3.71% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.48% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Parkside Financial Bank & Trust raised its stake in Ford Motor by 7.4% during the 4th quarter. Parkside Financial Bank & Trust now owns 10,999 shares of the auto manufacturer’s stock valued at $144,000 after buying an additional 756 shares during the last quarter. Robertson Stephens Wealth Management LLC boosted its stake in shares of Ford Motor by 1.8% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 42,683 shares of the auto manufacturer’s stock worth $560,000 after buying an additional 761 shares during the last quarter. CRA Financial Services LLC grew its holdings in shares of Ford Motor by 4.4% in the fourth quarter. CRA Financial Services LLC now owns 18,327 shares of the auto manufacturer’s stock worth $240,000 after acquiring an additional 775 shares during the period. Cary Street Partners Investment Advisory LLC grew its holdings in shares of Ford Motor by 16.5% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 5,470 shares of the auto manufacturer’s stock worth $65,000 after acquiring an additional 776 shares during the period. Finally, Cyndeo Wealth Partners LLC increased its position in Ford Motor by 7.2% during the fourth quarter. Cyndeo Wealth Partners LLC now owns 11,697 shares of the auto manufacturer’s stock valued at $153,000 after acquiring an additional 784 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

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.