Ford Motor (NYSE:F) Trading Down 2.7% – Time to Sell?

Ford Motor Company (NYSE:F)’s stock price traded down 2.7% on Monday . The stock traded as low as $13.57 and last traded at $13.63. 58,385,140 shares traded hands during mid-day trading, a decline of 16% from the average session volume of 69,526,766 shares. The stock had previously closed at $14.01.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Wall Street Zen cut shares of Ford Motor from a “buy” rating to a “sell” rating in a research note on Saturday, February 14th. Citigroup raised their target price on Ford Motor from $11.00 to $13.50 and gave the stock a “neutral” rating in a report on Monday, October 27th. TD Cowen boosted their price target on Ford Motor from $13.00 to $15.00 and gave the company a “hold” rating in a report on Tuesday, January 13th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $12.00 price objective on shares of Ford Motor in a research note on Wednesday, February 11th. Finally, Zacks Research raised Ford Motor from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Ford Motor presently has an average rating of “Hold” and a consensus price target of $13.02.

Ford Motor Price Performance

The firm has a 50 day moving average of $13.68 and a 200-day moving average of $12.78. The company has a current ratio of 1.07, a quick ratio of 0.94 and a debt-to-equity ratio of 2.95. The company has a market cap of $54.31 billion, a P/E ratio of -6.62, a P/E/G ratio of 0.34 and a beta of 1.66.

Ford Motor (NYSE:F) last announced its quarterly earnings data 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. The business had revenue of $45.89 billion during the quarter, compared to analyst estimates of $41.78 billion. Ford Motor had a negative net margin of 4.37% and a positive return on equity of 10.16%. The company’s revenue was down 4.8% on a year-over-year basis. During the same period last year, the firm posted $0.39 EPS. On average, equities research analysts predict that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Friday, February 13th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date is Friday, February 13th. Ford Motor’s payout ratio is currently -29.13%.

Insider Activity at Ford Motor

In related news, insider William Clay Ford, Jr. acquired 140,000 shares of the company’s stock in a transaction on Thursday, February 19th. The stock was acquired at an average price of $13.82 per share, with a total value of $1,934,800.00. Following the acquisition, the insider directly owned 3,912,600 shares of the company’s stock, valued at approximately $54,072,132. This trade represents a 3.71% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. 0.48% of the stock is owned by company insiders.

Hedge Funds Weigh In On Ford Motor

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in F. Parkside Financial Bank & Trust grew its position in Ford Motor by 7.4% in the 4th quarter. Parkside Financial Bank & Trust now owns 10,999 shares of the auto manufacturer’s stock valued at $144,000 after acquiring an additional 756 shares during the last quarter. Robertson Stephens Wealth Management LLC lifted its holdings in Ford Motor by 1.8% during the 4th quarter. Robertson Stephens Wealth Management LLC now owns 42,683 shares of the auto manufacturer’s stock valued at $560,000 after buying an additional 761 shares in the last quarter. CRA Financial Services LLC boosted its position in Ford Motor by 4.4% in the 4th quarter. CRA Financial Services LLC now owns 18,327 shares of the auto manufacturer’s stock valued at $240,000 after buying an additional 775 shares during the period. Cary Street Partners Investment Advisory LLC grew its stake in Ford Motor by 16.5% in the 3rd 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 in the last quarter. Finally, Cyndeo Wealth Partners LLC increased its position in shares of Ford Motor by 7.2% during the fourth quarter. Cyndeo Wealth Partners LLC now owns 11,697 shares of the auto manufacturer’s stock worth $153,000 after acquiring an additional 784 shares during the period. 58.74% of the stock is owned by institutional investors.

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.