Ford Motor (NYSE:F) Stock Price Down 4.2% – Should You Sell?

Ford Motor (NYSE:F) shares were down 4.2% during mid-day trading on Thursday . The stock traded as low as $9.70 and last traded at $9.72. Approximately 70,169,163 shares traded hands during trading, an increase of 6% from the average daily volume of 65,965,143 shares. The stock had previously closed at $10.15.

Wall Street Analyst Weigh In

Several research firms have weighed in on F. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. TD Cowen started coverage on shares of Ford Motor in a research report on Friday, March 7th. They set a “hold” rating and a $10.00 price objective for the company. Bank of America cut their target price on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a report on Thursday, February 6th. BNP Paribas raised Ford Motor to a “hold” rating in a report on Monday, February 10th. Finally, Wells Fargo & Company cut their price target on Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a report on Thursday, February 6th. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $11.37.

Ford Motor Stock Performance

The company has a fifty day moving average price of $9.74 and a two-hundred day moving average price of $10.27. The firm has a market cap of $37.87 billion, a price-to-earnings ratio of 6.54, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (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%. As a group, equities research analysts expect that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a dividend of $0.15 per share. The ex-dividend date was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.28%. Ford Motor’s dividend payout ratio is currently 41.10%.

Hedge Funds Weigh In On Ford Motor

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Albion Financial Group UT lifted its holdings in shares of Ford Motor by 38.5% in the fourth quarter. Albion Financial Group UT now owns 3,600 shares of the auto manufacturer’s stock valued at $36,000 after purchasing an additional 1,000 shares in the last quarter. Brighton Jones LLC lifted its stake in Ford Motor by 5.4% in the 4th quarter. Brighton Jones LLC now owns 19,693 shares of the auto manufacturer’s stock worth $195,000 after acquiring an additional 1,001 shares in the last quarter. Angeles Wealth Management LLC boosted its position in Ford Motor by 1.3% during the 4th quarter. Angeles Wealth Management LLC now owns 80,728 shares of the auto manufacturer’s stock worth $799,000 after acquiring an additional 1,024 shares during the period. Atlas Brown Inc. grew its stake in Ford Motor by 1.7% during the 4th quarter. Atlas Brown Inc. now owns 63,323 shares of the auto manufacturer’s stock valued at $627,000 after acquiring an additional 1,047 shares in the last quarter. Finally, Cornerstone Wealth Group LLC increased its holdings in shares of Ford Motor by 10.6% in the 4th quarter. Cornerstone Wealth Group LLC now owns 11,429 shares of the auto manufacturer’s stock valued at $113,000 after purchasing an additional 1,098 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.

About Ford Motor

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.