Ford Motor (NYSE:F) Trading Down 3.1% – Should You Sell?

Ford Motor Company (NYSE:F)’s share price was down 3.1% during trading on Friday . The company traded as low as $11.65 and last traded at $11.6650. Approximately 48,423,212 shares traded hands during mid-day trading, a decline of 30% from the average daily volume of 69,312,891 shares. The stock had previously closed at $12.04.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Zacks Research raised shares of Ford Motor from a “hold” rating to a “strong-buy” rating in a report on Monday, January 12th. Wall Street Zen downgraded shares of Ford Motor from a “buy” rating to a “sell” rating in a research report on Saturday, February 14th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $12.00 price objective on shares of Ford Motor in a research note on Wednesday, February 11th. Piper Sandler raised shares of Ford Motor from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $11.00 to $16.00 in a report on Thursday, January 8th. Finally, Barclays upped their target price on Ford Motor from $12.00 to $13.00 and gave the company an “equal weight” rating in a report on Friday, January 23rd. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Ford Motor currently has an average rating of “Hold” and a consensus target price of $13.29.

Ford Motor Stock Down 3.1%

The firm has a market cap of $46.54 billion, a P/E ratio of -5.66, a price-to-earnings-growth ratio of 0.28 and a beta of 1.65. The firm’s 50-day moving average price is $13.59 and its 200 day moving average price is $12.92. The company has a quick ratio of 0.94, a current ratio of 1.07 and a debt-to-equity ratio of 2.95.

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

Ford Motor Dividend Announcement

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

Insider Buying and Selling

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

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of F. Swiss National Bank boosted its stake in Ford Motor by 7.4% during the 2nd quarter. Swiss National Bank now owns 11,822,986 shares of the auto manufacturer’s stock valued at $128,279,000 after purchasing an additional 813,800 shares in the last quarter. Caprock Group LLC bought a new stake in shares of Ford Motor in the 3rd quarter worth $893,000. Versor Investments LP acquired a new stake in shares of Ford Motor in the third quarter valued at $2,187,000. Quantbot Technologies LP boosted its stake in Ford Motor by 91.6% during the third quarter. Quantbot Technologies LP now owns 179,619 shares of the auto manufacturer’s stock valued at $2,148,000 after buying an additional 85,848 shares in the last quarter. Finally, National Pension Service boosted its stake in Ford Motor by 6.7% during the third quarter. National Pension Service now owns 8,099,060 shares of the auto manufacturer’s stock valued at $96,865,000 after buying an additional 510,426 shares in the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

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.