Ford Motor (NYSE:F) Stock Price Down 1.8% - Should You Sell?

Ford Motor Company (NYSE:F - Get Free Report)'s share price dropped 1.8% on Wednesday . The company traded as low as $10.49 and last traded at $10.54. Approximately 23,164,966 shares traded hands during mid-day trading, a decline of 71% from the average daily volume of 80,736,206 shares. The stock had previously closed at $10.73.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on F. Citigroup lifted their price target on shares of Ford Motor from $10.00 to $11.00 and gave the stock a "neutral" rating in a report on Wednesday, May 7th. Piper Sandler raised their target price on Ford Motor from $8.50 to $9.00 and gave the company a "neutral" rating in a research note on Thursday, May 22nd. TD Cowen began coverage on shares of Ford Motor in a research note on Friday, March 7th. They set a "hold" rating and a $10.00 price target for the company. Wall Street Zen upgraded Ford Motor from a "sell" rating to a "hold" rating in a research note on Saturday, June 14th. Finally, UBS Group decreased their price target on Ford Motor from $10.00 to $9.00 and set a "neutral" rating for the company in a report on Thursday, April 10th. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, Ford Motor currently has a consensus rating of "Hold" and a consensus target price of $10.03.

Ford Motor Trading Up 1.7%

The firm has a fifty day simple moving average of $10.36 and a two-hundred day simple moving average of $9.96. The stock has a market cap of $42.99 billion, a PE ratio of 8.65, a PEG ratio of 0.90 and a beta of 1.50. The company has a current ratio of 1.13, a quick ratio of 0.97 and a debt-to-equity ratio of 2.26.

Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings data on Monday, May 5th. The auto manufacturer reported $0.14 EPS for the quarter, beating the consensus estimate of ($0.02) by $0.16. Ford Motor had a return on equity of 13.49% and a net margin of 2.74%. The firm had revenue of $40.66 billion for the quarter, compared to analyst estimates of $35.99 billion. During the same period in the prior year, the company earned $0.49 EPS. The company's revenue was down 6.2% on a year-over-year basis. As a group, equities analysts expect that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Monday, May 12th were paid a $0.15 dividend. The ex-dividend date of this dividend was Monday, May 12th. This represents a $0.60 dividend on an annualized basis and a yield of 5.55%. Ford Motor's dividend payout ratio (DPR) is currently 48.00%.

Institutional Trading of Ford Motor

A number of institutional investors have recently made changes to their positions in F. Vanguard Group Inc. lifted its holdings in Ford Motor by 13.8% in the 1st quarter. Vanguard Group Inc. now owns 457,660,361 shares of the auto manufacturer's stock worth $4,590,333,000 after buying an additional 55,576,478 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of Ford Motor by 8.5% in 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. Geode Capital Management LLC lifted its stake in shares of Ford Motor by 2.5% in the 4th quarter. Geode Capital Management LLC now owns 84,078,284 shares of the auto manufacturer's stock valued at $830,662,000 after purchasing an additional 2,089,127 shares during the period. Pacer Advisors Inc. increased its position in Ford Motor by 6,915.1% during the 1st quarter. Pacer Advisors Inc. now owns 49,078,048 shares of the auto manufacturer's stock valued at $492,253,000 after buying an additional 48,378,444 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in Ford Motor by 11.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 46,508,882 shares of the auto manufacturer's stock valued at $460,444,000 after buying an additional 4,925,993 shares in the last quarter. Hedge funds and other institutional investors 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.