Ford Motor (NYSE:F) Trading Down 1.5% – Should You Sell?

Ford Motor Company (NYSE:F)’s share price dropped 1.5% on Monday . The stock traded as low as $11.11 and last traded at $11.1950. Approximately 41,228,648 shares changed hands during mid-day trading, a decline of 38% from the average daily volume of 66,064,484 shares. The stock had previously closed at $11.37.

Wall Street Analyst Weigh In

A number of research firms have commented on F. TD Cowen increased their target price on Ford Motor from $13.00 to $15.00 and gave the stock a “hold” rating in a report on Tuesday, January 13th. Morgan Stanley boosted their price target on Ford Motor from $11.00 to $14.00 and gave the company an “equal weight” rating in a report on Monday, December 8th. Zacks Research lowered Ford Motor from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. Barclays raised their price objective on Ford Motor from $12.00 to $13.00 and gave the stock an “equal weight” rating in a research note on Friday, January 23rd. Finally, Bank of America assumed coverage on shares of Ford Motor in a research note on Wednesday, March 4th. They set a “buy” rating and a $17.00 target price for the company. Four investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Ford Motor currently has an average rating of “Hold” and a consensus target price of $13.22.

Ford Motor Price Performance

The company has a debt-to-equity ratio of 2.95, a current ratio of 1.07 and a quick ratio of 0.94. The stock has a market capitalization of $46.62 billion, a price-to-earnings ratio of -5.67, a price-to-earnings-growth ratio of 0.26 and a beta of 1.65. The company has a 50-day simple moving average of $13.03 and a two-hundred day simple moving average of $12.93.

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 the consensus estimate of $0.06 by $0.07. Ford Motor had a negative net margin of 4.37% and a positive return on equity of 10.16%. The company had revenue of $45.89 billion during the quarter, compared to the consensus estimate of $41.78 billion. During the same quarter in the previous year, the company posted $0.39 earnings per share. The company’s revenue for the quarter was down 4.8% compared to the same quarter last year. On average, equities research analysts predict that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 13th were given a $0.15 dividend. The ex-dividend date was Friday, February 13th. This represents a $0.60 annualized dividend and a yield of 5.1%. Ford Motor’s dividend payout ratio is -29.13%.

Insider Activity at Ford Motor

In other Ford Motor news, insider William Clay Ford, Jr. purchased 140,000 shares of the business’s stock in a transaction dated Thursday, February 19th. The shares were bought at an average price of $13.82 per share, with a total value of $1,934,800.00. Following the completion of the acquisition, the insider owned 3,912,600 shares in the company, valued at approximately $54,072,132. This represents a 3.71% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.48% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in F. Vanguard Group Inc. increased its stake in Ford Motor by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 471,705,454 shares of the auto manufacturer’s stock valued at $6,188,776,000 after buying an additional 4,087,699 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of Ford Motor by 2.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 152,017,084 shares of the auto manufacturer’s stock valued at $1,994,464,000 after acquiring an additional 4,089,779 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Ford Motor by 1.2% in the fourth quarter. Geode Capital Management LLC now owns 106,600,353 shares of the auto manufacturer’s stock valued at $1,394,697,000 after acquiring an additional 1,255,349 shares in the last quarter. Norges Bank acquired a new position in shares of Ford Motor during the fourth quarter valued at approximately $674,437,000. Finally, Dimensional Fund Advisors LP increased its stake in shares of Ford Motor by 0.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 45,857,344 shares of the auto manufacturer’s stock valued at $601,687,000 after acquiring an additional 125,534 shares during the period. Institutional investors and hedge funds 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.