Ford Motor (NYSE:F) Trading Down 1% - What's Next?

Ford Motor (NYSE:F - Get Free Report)'s share price dropped 1% on Monday . The stock traded as low as $10.10 and last traded at $10.18. Approximately 24,362,027 shares changed hands during mid-day trading, a decline of 67% from the average daily volume of 73,508,096 shares. The stock had previously closed at $10.28.

Analyst Ratings Changes

F has been the subject of a number of analyst reports. Sanford C. Bernstein lowered shares of Ford Motor from a "market perform" rating to an "underperform" rating and reduced their target price for the company from $9.40 to $7.00 in a research note on Wednesday, April 9th. BNP Paribas raised Ford Motor to a "hold" rating in a research note on Monday, February 10th. Evercore ISI decreased their price target on Ford Motor from $11.00 to $10.00 and set an "in-line" rating for the company in a research note on Monday, February 10th. Royal Bank of Canada cut their price objective on shares of Ford Motor from $10.00 to $9.00 and set a "sector perform" rating on the stock in a research note on Thursday, February 6th. Finally, The Goldman Sachs Group reiterated a "neutral" rating and issued a $9.00 target price (down previously from $11.00) on shares of Ford Motor in a research report on Thursday, April 10th. Four research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $9.83.

Ford Motor Stock Performance

The firm's 50-day simple moving average is $9.72 and its two-hundred day simple moving average is $10.07. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. The stock has a market capitalization of $40.17 billion, a PE ratio of 6.93, a PEG ratio of 0.61 and a beta of 1.41.

Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping 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 expect that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Monday, May 12th will be given a $0.15 dividend. The ex-dividend date of this dividend is Monday, May 12th. This represents a $0.60 dividend on an annualized basis and a yield of 5.92%. Ford Motor's payout ratio is 41.10%.

Institutional Investors Weigh In On Ford Motor

A number of hedge funds and other institutional investors have recently made changes to their positions in F. Grove Bank & Trust raised its stake in shares of Ford Motor by 289.1% in the 1st quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer's stock valued at $25,000 after acquiring an additional 1,882 shares in the last quarter. Hager Investment Management Services LLC bought a new position in Ford Motor in the 4th quarter worth approximately $26,000. Elite Financial Inc. acquired a new position in shares of Ford Motor during the first quarter worth approximately $27,000. Olde Wealth Management LLC acquired a new position in Ford Motor during the 1st quarter valued at $28,000. Finally, Bank of Jackson Hole Trust bought a new position in shares of Ford Motor during the 4th quarter worth about $29,000. 58.74% of the stock is 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.

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