Ford Motor (NYSE:F) Shares Down 1.4% - Should You Sell?

Ford Motor (NYSE:F - Get Free Report) dropped 1.4% during mid-day trading on Thursday . The stock traded as low as $10.47 and last traded at $10.51. Approximately 18,980,357 shares were traded during mid-day trading, a decline of 76% from the average daily volume of 79,417,645 shares. The stock had previously closed at $10.66.

Analyst Ratings Changes

Several equities research analysts recently weighed in on F shares. 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 target for the company. Citigroup lifted their target price on Ford Motor from $10.00 to $11.00 and gave the stock a "neutral" rating in a report on Wednesday, May 7th. Sanford C. Bernstein cut Ford Motor from a "market perform" rating to an "underperform" rating and decreased their price target for the stock from $9.40 to $7.00 in a research note on Wednesday, April 9th. The Goldman Sachs Group upped their price target on Ford Motor from $9.00 to $10.00 and gave the company a "neutral" rating in a report on Tuesday, May 6th. Finally, UBS Group reduced their price objective on Ford Motor from $10.00 to $9.00 and set a "neutral" rating for the company in a report on Thursday, April 10th. Four analysts have rated the stock with a sell rating, twelve have given a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $10.03.

Ford Motor Stock Performance

The business's fifty day moving average is $10.08 and its 200-day moving average is $9.98. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The company has a market cap of $41.65 billion, a PE ratio of 7.17, a P/E/G ratio of 0.61 and a beta of 1.50.

Ford Motor (NYSE:F - Get Free Report) last released its quarterly earnings results on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share for the quarter, topping the consensus estimate of ($0.02) by $0.16. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. The business had revenue of $40.66 billion for the quarter, compared to the consensus estimate of $35.99 billion. During the same period last year, the firm earned $0.49 earnings per share. The company's quarterly revenue was down 6.2% on a year-over-year basis. As a group, research analysts predict that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Monday, May 12th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, May 12th. This represents a $0.60 annualized dividend and a yield of 5.73%. Ford Motor's dividend payout ratio (DPR) is presently 48.00%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its position in shares of Ford Motor by 16.6% in the fourth quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer's stock valued at $3,980,630,000 after acquiring an additional 57,182,803 shares in the last quarter. Pacer Advisors Inc. grew its position in shares of Ford Motor by 6,915.1% during the first quarter. Pacer Advisors Inc. now owns 49,078,048 shares of the auto manufacturer's stock worth $492,253,000 after purchasing an additional 48,378,444 shares in the last quarter. Norges Bank purchased a new stake in shares of Ford Motor during the fourth quarter worth about $387,282,000. Nuveen LLC bought a new stake in Ford Motor during the 1st quarter valued at approximately $123,147,000. Finally, Charles Schwab Investment Management Inc. raised its stake in Ford Motor by 8.5% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 140,053,906 shares of the auto manufacturer's stock valued at $1,404,741,000 after purchasing an additional 10,947,527 shares during the period. 58.74% of the stock is currently owned by 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.