Ford Motor (NYSE:F) Stock Price Down 1.2% - Should You Sell?

Shares of Ford Motor Company (NYSE:F - Get Free Report) dropped 1.2% during trading on Friday . The stock traded as low as $11.74 and last traded at $11.77. Approximately 18,042,876 shares changed hands during mid-day trading, a decline of 78% from the average daily volume of 82,998,562 shares. The stock had previously closed at $11.91.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Wolfe Research raised Ford Motor from an "underperform" rating to a "peer perform" rating in a report on Wednesday, April 30th. Barclays boosted their price target on Ford Motor from $8.00 to $9.00 and gave the company an "equal weight" rating in a research note on Tuesday, May 6th. The Goldman Sachs Group lifted their price objective on Ford Motor from $9.00 to $10.00 and gave the company a "neutral" rating in a report on Tuesday, May 6th. Wall Street Zen raised shares of Ford Motor from a "sell" rating to a "hold" rating in a report on Saturday, June 14th. Finally, Sanford C. Bernstein cut shares of Ford Motor from a "market perform" rating to an "underperform" rating and decreased their price objective for the stock from $9.40 to $7.00 in a research note on Wednesday, April 9th. Three equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $10.03.

Ford Motor Stock Performance

The company has a debt-to-equity ratio of 2.26, a quick ratio of 0.97 and a current ratio of 1.13. The stock's 50-day moving average is $10.66 and its 200 day moving average is $10.06. The firm has a market cap of $46.90 billion, a P/E ratio of 9.44, a PEG ratio of 1.01 and a beta of 1.49.

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

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Monday, May 12th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.09%. The ex-dividend date was Monday, May 12th. Ford Motor's payout ratio is presently 48.00%.

Insiders Place Their Bets

In other news, insider Andrew Frick sold 30,000 shares of the stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $11.00, for a total transaction of $330,000.00. Following the completion of the transaction, the insider directly owned 113,939 shares in the company, valued at $1,253,329. This represents a 20.84% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.48% of the company's stock.

Hedge Funds Weigh In On Ford Motor

Large investors have recently modified their holdings of the business. Tounjian Advisory Partners LLC bought a new stake in shares of Ford Motor in the 1st quarter valued at about $974,000. Generali Investments CEE investicni spolecnost a.s. raised its holdings in shares of Ford Motor by 25.0% in the 1st quarter. Generali Investments CEE investicni spolecnost a.s. now owns 300,000 shares of the auto manufacturer's stock valued at $3,009,000 after purchasing an additional 60,000 shares during the period. APG Asset Management N.V. bought a new stake in shares of Ford Motor in the 4th quarter valued at about $20,408,000. Abundance Wealth Counselors raised its holdings in shares of Ford Motor by 32.6% in the 1st quarter. Abundance Wealth Counselors now owns 157,919 shares of the auto manufacturer's stock valued at $1,594,000 after purchasing an additional 38,794 shares during the period. Finally, Inscription Capital LLC bought a new stake in shares of Ford Motor in the 1st quarter valued at about $251,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

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.

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