Ford Motor (NYSE:F) Shares Down 1.1% - Here's Why

Ford Motor (NYSE:F - Get Free Report) was down 1.1% during mid-day trading on Thursday . The company traded as low as $9.42 and last traded at $9.55. Approximately 33,505,312 shares traded hands during mid-day trading, a decline of 59% from the average daily volume of 81,739,445 shares. The stock had previously closed at $9.65.

Analyst Ratings Changes

A number of analysts have issued reports on F shares. Evercore ISI cut their target price on Ford Motor from $11.00 to $10.00 and set an "in-line" rating on the stock in a research report on Monday, February 10th. Royal Bank of Canada cut their price objective on Ford Motor from $10.00 to $9.00 and set a "sector perform" rating on the stock in a research report on Thursday, February 6th. JPMorgan Chase & Co. cut their price objective on Ford Motor from $14.00 to $13.00 and set an "overweight" rating on the stock in a research report on Friday, February 7th. Jefferies Financial Group lowered Ford Motor from a "hold" rating to an "underperform" rating and cut their price objective for the stock from $12.00 to $9.00 in a research report on Monday, December 16th. Finally, Wolfe Research reaffirmed an "underperform" rating on shares of Ford Motor in a research report on Thursday, December 5th. Three analysts have rated the stock with a sell rating, eleven have given a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $11.77.

Ford Motor Stock Up 3.1 %

The stock has a market cap of $39.26 billion, a PE ratio of 6.78, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59. The firm has a fifty day moving average of $9.72 and a 200 day moving average of $10.38. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31.

Ford Motor (NYSE:F - Get Free Report) last posted its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, beating the consensus estimate of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. On average, equities research analysts anticipate that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 annualized dividend and a yield of 6.06%. Ford Motor's dividend payout ratio is presently 41.10%.

Hedge Funds Weigh In On Ford Motor

Large investors have recently bought and sold shares of the stock. Hager Investment Management Services LLC acquired a new stake in shares of Ford Motor during the fourth quarter worth about $26,000. Bank of Jackson Hole Trust acquired a new stake in shares of Ford Motor during the fourth quarter worth about $29,000. Flagship Wealth Advisors LLC acquired a new stake in shares of Ford Motor during the fourth quarter worth about $30,000. Spurstone Advisory Services LLC acquired a new stake in shares of Ford Motor during the fourth quarter worth about $31,000. Finally, Kentucky Trust Co acquired a new stake in shares of Ford Motor during the fourth quarter worth about $31,000. Institutional investors and hedge funds own 58.74% of the company's stock.

Ford Motor Company Profile

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.