Ford Motor (NYSE:F) Stock Price Down 3.7% – Time to Sell?

Ford Motor Company (NYSE:F) shares fell 3.7% during mid-day trading on Wednesday . The stock traded as low as $13.45 and last traded at $13.4850. 67,231,222 shares traded hands during trading, an increase of 15% from the average daily volume of 58,316,453 shares. The stock had previously closed at $14.00.

Wall Street Analyst Weigh In

A number of brokerages recently commented on F. Piper Sandler lifted their price objective on Ford Motor from $16.00 to $17.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Zacks Research lowered shares of Ford Motor from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 4th. Royal Bank Of Canada lifted their price target on shares of Ford Motor from $13.00 to $15.00 and gave the stock a “sector perform” rating in a research report on Wednesday, July 29th. Wall Street Zen downgraded shares of Ford Motor from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Ford Motor in a report on Wednesday, June 24th. Eight investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Ford Motor has a consensus rating of “Hold” and a consensus target price of $15.68.

Ford Motor Stock Up 0.8%

The business has a fifty day moving average of $14.12 and a 200 day moving average of $13.53. The firm has a market cap of $55.77 billion, a P/E ratio of -7.47, a P/E/G ratio of 0.28 and a beta of 1.83. The company has a quick ratio of 0.93, a current ratio of 1.09 and a debt-to-equity ratio of 3.07.

Ford Motor (NYSE:F) last issued its earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.09. The firm had revenue of $48.30 billion for the quarter, compared to analysts’ expectations of $47.24 billion. Ford Motor had a positive return on equity of 17.23% and a negative net margin of 3.93%.The company’s revenue was down 3.8% compared to the same quarter last year. During the same quarter last year, the business earned $0.37 earnings per share. On average, equities research analysts predict that Ford Motor Company will post 1.86 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Tuesday, August 11th. Ford Motor’s dividend payout ratio (DPR) is currently -32.09%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of F. Junto Capital Management LP bought a new stake in Ford Motor in the second quarter valued at approximately $33,406,000. Miramontes Capital LLC boosted its position in shares of Ford Motor by 101.1% during the second quarter. Miramontes Capital LLC now owns 23,864 shares of the auto manufacturer’s stock worth $332,000 after purchasing an additional 12,000 shares in the last quarter. MCF Advisors LLC boosted its position in shares of Ford Motor by 3.8% during the second quarter. MCF Advisors LLC now owns 23,168 shares of the auto manufacturer’s stock worth $322,000 after purchasing an additional 845 shares in the last quarter. National Pension Service grew its holdings in shares of Ford Motor by 2.7% in the 2nd quarter. National Pension Service now owns 9,949,526 shares of the auto manufacturer’s stock valued at $138,298,000 after buying an additional 266,044 shares during the period. Finally, Pinnacle Wealth Management Advisory Group LLC acquired a new position in shares of Ford Motor in the 2nd quarter valued at $183,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

About Ford Motor

Ford Motor Co is a global automotive company that designs, manufactures, markets and services cars, trucks, sport utility vehicles and commercial vehicles. Its portfolio includes the Ford and Lincoln brands, as well as a range of gasoline-powered, hybrid and electric vehicles. Ford also provides vehicle maintenance, repair and related services through its dealer network.

The company organizes its automotive operations into Ford Blue, which focuses on traditional and hybrid vehicles; Ford Model e, which develops electric vehicles and connected technologies; and Ford Pro, which serves commercial and government customers with vehicles, software and fleet-management services.