Ford Motor (NYSE:F) Shares Down 2.3% – Should You Sell?

Ford Motor Company (NYSE:F) shares fell 2.3% during mid-day trading on Tuesday . The company traded as low as $14.41 and last traded at $14.4350. Approximately 46,332,239 shares changed hands during trading, a decline of 26% from the average session volume of 62,538,898 shares. The stock had previously closed at $14.77.

Analyst Upgrades and Downgrades

A number of research firms have commented on F. Citigroup boosted their price target on shares of Ford Motor from $13.00 to $19.00 and gave the stock a “neutral” rating in a research note on Monday, June 1st. Wall Street Zen upgraded shares of Ford Motor from a “hold” rating to a “buy” rating in a research report on Saturday, June 13th. The Goldman Sachs Group lifted their price objective on shares of Ford Motor from $13.00 to $16.00 and gave the stock a “neutral” rating in a report on Thursday, June 11th. Morgan Stanley reissued an “equal weight” rating and issued a $14.00 target price on shares of Ford Motor in a research note on Wednesday, May 13th. Finally, Wells Fargo & Company lowered their price target on Ford Motor from $11.00 to $10.00 and set an “underweight” rating on the stock in a research report on Tuesday, March 31st. Five analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $14.63.

Ford Motor Price Performance

The stock has a market capitalization of $55.97 billion, a PE ratio of -9.06, a P/E/G ratio of 0.31 and a beta of 1.79. The firm’s 50 day simple moving average is $13.62 and its 200 day simple moving average is $13.32. The company has a debt-to-equity ratio of 2.84, a current ratio of 1.09 and a quick ratio of 0.94.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.48. Ford Motor had a negative net margin of 3.22% and a positive return on equity of 15.77%. The firm had revenue of $43.25 billion during the quarter, compared to analyst estimates of $42.66 billion. During the same period in the previous year, the business posted $0.14 EPS. The business’s quarterly revenue was up 6.4% on a year-over-year basis. As a group, equities analysts forecast that Ford Motor Company will post 1.64 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 4.3%. The ex-dividend date was Tuesday, May 12th. Ford Motor’s dividend payout ratio is presently -38.71%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Maripau Wealth Management LLC grew 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 acquiring an additional 749 shares during the last quarter. Parkside Financial Bank & Trust boosted its stake in shares of Ford Motor by 7.4% during 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 period. Robertson Stephens Wealth Management LLC boosted its stake in shares of Ford Motor by 1.8% during the fourth quarter. Robertson Stephens Wealth Management LLC now owns 42,683 shares of the auto manufacturer’s stock valued at $560,000 after purchasing an additional 761 shares during the period. 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 purchasing an additional 775 shares during the last quarter. Finally, 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 purchasing an additional 776 shares during the last quarter. Hedge funds and other 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.