Ford Motor (NYSE:F) Stock Price Down 1.3% - Should You Sell?

Ford Motor Company (NYSE:F - Get Free Report) dropped 1.3% during mid-day trading on Tuesday . The company traded as low as $11.08 and last traded at $11.17. Approximately 26,767,011 shares changed hands during trading, a decline of 68% from the average daily volume of 83,269,963 shares. The stock had previously closed at $11.31.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on F shares. Barclays raised their target price on shares of Ford Motor from $9.00 to $11.00 and gave the company an "equal weight" rating in a research note on Wednesday, July 16th. JPMorgan Chase & Co. boosted their price target on shares of Ford Motor from $12.00 to $13.00 and gave the stock an "overweight" rating in a research note on Monday. Piper Sandler increased their price objective on Ford Motor from $8.50 to $9.00 and gave the company a "neutral" rating in a research note on Thursday, May 22nd. Sanford C. Bernstein downgraded Ford Motor from a "market perform" rating to an "underperform" rating and dropped their price objective for the stock from $9.40 to $7.00 in a research note on Wednesday, April 9th. Finally, UBS Group raised their price objective on Ford Motor from $9.00 to $11.00 and gave the stock a "neutral" rating in a research report on Monday, July 14th. Three research analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $10.37.

Ford Motor Stock Down 0.2%

The company has a debt-to-equity ratio of 2.26, a current ratio of 1.13 and a quick ratio of 0.97. The business has a fifty day simple moving average of $10.84 and a 200 day simple moving average of $10.15. The firm has a market cap of $45.15 billion, a price-to-earnings ratio of 9.08, a PEG ratio of 3.28 and a beta of 1.49.

Ford Motor (NYSE:F - Get Free Report) last issued its quarterly earnings results on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share for the quarter, beating the consensus estimate of ($0.02) by $0.16. The company had revenue of $40.66 billion during the quarter, compared to the consensus estimate of $35.99 billion. Ford Motor had a return on equity of 13.49% and a net margin of 2.74%. Ford Motor's revenue was down 6.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.49 EPS. As a group, 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 declared a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Monday, May 12th were paid a dividend of $0.15 per share. The ex-dividend date was Monday, May 12th. This represents a $0.60 dividend on an annualized basis and a yield of 5.28%. Ford Motor's dividend payout ratio (DPR) is presently 48.00%.

Insider Buying and Selling

In related 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 sale, the insider directly owned 113,939 shares of the company's stock, valued at approximately $1,253,329. This represents a 20.84% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.48% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Ford Motor

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Grove Bank & Trust raised its holdings in Ford Motor by 289.1% during the first quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer's stock valued at $25,000 after buying an additional 1,882 shares in the last quarter. Elite Financial Inc. bought a new stake in Ford Motor during the first quarter valued at $27,000. Olde Wealth Management LLC purchased a new stake in Ford Motor in the 1st quarter valued at about $28,000. MorganRosel Wealth Management LLC purchased a new position in Ford Motor in the 1st quarter worth approximately $30,000. Finally, Spurstone Advisory Services LLC bought a new position in shares of Ford Motor during the fourth quarter valued at about $31,000. 58.74% of the stock is currently 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.