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

Key Points

• Ford Motor Company's stock price fell 1.2% to $11.31, with trading volume decreasing by 88% compared to its average daily volume.
• Analyst ratings for Ford vary, with UBS and Goldman Sachs assigning a "neutral" rating, while JPMorgan Chase upgraded it to "overweight," resulting in an average "Hold" rating and a consensus price target of $10.53.
• The company announced a quarterly dividend of $0.15 per share, representing a yield of 5.3%, with a payout ratio of 76.92%.

Ford Motor Company (NYSE:F - Get Free Report)'s stock price dropped 1.2% during mid-day trading on Thursday . The company traded as low as $11.22 and last traded at $11.31. Approximately 12,348,541 shares were traded during mid-day trading, a decline of 88% from the average daily volume of 100,328,359 shares. The stock had previously closed at $11.44.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on F shares. UBS Group boosted their target price on shares of Ford Motor from $9.00 to $11.00 and gave the stock a "neutral" rating in a research report on Monday, July 14th. JPMorgan Chase & Co. boosted their target price on shares of Ford Motor from $12.00 to $13.00 and gave the stock an "overweight" rating in a research report on Monday, July 21st. The Goldman Sachs Group boosted their target price on shares of Ford Motor from $9.00 to $10.00 and gave the stock a "neutral" rating in a research report on Tuesday, May 6th. Wall Street Zen raised shares of Ford Motor from a "sell" rating to a "hold" rating in a research report on Sunday, July 20th. Finally, Jefferies Financial Group boosted their target price on shares of Ford Motor from $8.00 to $9.00 and gave the stock an "underperform" rating in a research report on Monday. Three research analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $10.53.

Ford Motor Stock Performance

The company has a quick ratio of 0.95, a current ratio of 1.10 and a debt-to-equity ratio of 2.24. The stock has a 50 day simple moving average of $11.07 and a two-hundred day simple moving average of $10.28. The stock has a market capitalization of $45.03 billion, a P/E ratio of 14.51, a P/E/G ratio of 3.25 and a beta of 1.48.

Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The auto manufacturer reported $0.37 EPS for the quarter, beating analysts' consensus estimates of $0.33 by $0.04. Ford Motor had a net margin of 1.70% and a return on equity of 12.46%. The company had revenue of $50.18 billion during the quarter, compared to the consensus estimate of $42.91 billion. During the same quarter last year, the firm posted $0.47 EPS. The company's quarterly revenue was up 5.0% on a year-over-year basis. On average, equities analysts forecast that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Monday, August 11th will be paid a $0.15 dividend. The ex-dividend date is Monday, August 11th. This represents a $0.60 annualized dividend and a yield of 5.3%. Ford Motor's payout ratio is 76.92%.

Insiders Place Their Bets

In other news, insider Andrew Frick sold 30,000 shares of the business's stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $11.00, for a total value of $330,000.00. Following the completion of the transaction, the insider directly owned 113,939 shares in the company, valued at approximately $1,253,329. The trade was a 20.84% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.48% of the stock is owned by company insiders.

Hedge Funds Weigh In On Ford Motor

A number of institutional investors have recently added to or reduced their stakes in the stock. Trust Co. of Toledo NA OH acquired a new position in Ford Motor in the 2nd quarter valued at approximately $25,000. Country Trust Bank acquired a new stake in shares of Ford Motor during the second quarter worth $27,000. Grove Bank & Trust increased its position in shares of Ford Motor by 289.1% during the first quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer's stock worth $25,000 after buying an additional 1,882 shares during the period. Atlantic Union Bankshares Corp acquired a new stake in shares of Ford Motor during the second quarter worth $30,000. Finally, Elite Financial Inc. acquired a new stake in shares of Ford Motor during the first quarter worth $27,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

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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