Ford Motor (NYSE:F) Shares Down 0.3% – Time to Sell?

Ford Motor (NYSE:F) shares traded down 0.3% on Monday . The company traded as low as $9.57 and last traded at $9.62. 17,770,537 shares traded hands during mid-day trading, a decline of 70% from the average session volume of 59,820,266 shares. The stock had previously closed at $9.65.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on F shares. Deutsche Bank Aktiengesellschaft decreased their price objective on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a report on Wednesday, October 30th. Sanford C. Bernstein downgraded shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target for the company. in a research note on Thursday, November 7th. Jefferies Financial Group cut shares of Ford Motor from a “hold” rating to an “underperform” rating and cut their target price for the stock from $12.00 to $9.00 in a report on Monday, December 16th. Royal Bank of Canada reissued a “sector perform” rating and set a $10.00 price target on shares of Ford Motor in a research report on Tuesday, October 29th. Finally, Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Four research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, Ford Motor currently has a consensus rating of “Hold” and a consensus target price of $11.83.

Ford Motor Price Performance

The firm has a 50 day moving average of $10.44 and a two-hundred day moving average of $10.97. The company has a market cap of $39.58 billion, a PE ratio of 11.32, a P/E/G ratio of 1.89 and a beta of 1.64. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. The company had revenue of $46.20 billion for the quarter, compared to analysts’ expectations of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. Ford Motor’s revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.39 EPS. Research analysts predict that Ford Motor will post 1.81 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 6.02%. The ex-dividend date was Thursday, November 7th. Ford Motor’s dividend payout ratio is currently 68.18%.

Institutional Investors Weigh In On Ford Motor

A number of hedge funds have recently added to or reduced their stakes in the stock. Quarry LP purchased a new position in Ford Motor in the second quarter worth about $27,000. Kimelman & Baird LLC purchased a new position in shares of Ford Motor in the second quarter worth approximately $30,000. Reston Wealth Management LLC purchased a new stake in Ford Motor during the third quarter valued at approximately $33,000. Access Investment Management LLC purchased a new stake in Ford Motor during the third quarter valued at approximately $34,000. Finally, Modus Advisors LLC purchased a new position in shares of Ford Motor during the 4th quarter worth $34,000. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

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.