Ford Motor (NYSE:F) Stock Price Down 0.7% – Time to Sell?

Ford Motor (NYSE:F) shares fell 0.7% on Wednesday . The company traded as low as $9.10 and last traded at $9.15. 16,858,967 shares changed hands during mid-day trading, a decline of 78% from the average session volume of 77,134,156 shares. The stock had previously closed at $9.21.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on F shares. Evercore ISI cut their target price on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a research report on Monday. JPMorgan Chase & Co. reduced their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research note on Friday, February 7th. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Bank of America decreased their price target on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a research report on Thursday, February 6th. Finally, Royal Bank of Canada cut their price objective on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating for the company in a research report on Thursday, February 6th. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $11.89.

Ford Motor Stock Up 0.6 %

The stock has a market capitalization of $36.82 billion, a price-to-earnings ratio of 6.35, a price-to-earnings-growth ratio of 1.80 and a beta of 1.63. The firm has a 50 day simple moving average of $10.00 and a 200-day simple moving average of $10.50. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 0.98.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. On average, sell-side analysts forecast that Ford Motor will post 1.7 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.48%. Ford Motor’s payout ratio is 41.10%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of F. Hager Investment Management Services LLC acquired a new stake in shares of Ford Motor during the 4th quarter worth approximately $26,000. Bank of Jackson Hole Trust bought a new position in Ford Motor during the fourth quarter worth about $29,000. Flagship Wealth Advisors LLC bought a new stake in Ford Motor during the 4th quarter worth approximately $30,000. Reston Wealth Management LLC bought a new stake in shares of Ford Motor during the third quarter worth $33,000. Finally, Kentucky Trust Co bought a new stake in shares of Ford Motor in the fourth quarter valued at about $31,000. 58.74% of the stock is currently owned by institutional investors.

Ford Motor Company Profile

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.