Ford Motor (NYSE:F) Trading Down 1.3% - Here's Why

Key Points

• Ford Motor Company's shares fell by 1.3%, trading as low as $11.11 and experiencing an 85% decline in trading volume compared to its average.
• Analysts have given Ford a mixed outlook, with 13 hold ratings, 3 sell ratings, and 2 buy ratings, while the average target price sits at $10.37.
• Insider Andrew Frick sold 30,000 shares of Ford for $330,000, reflecting a significant decrease in ownership alongside a broader trend of hedge funds increasing their stakes in the company.

Ford Motor Company (NYSE:F - Get Free Report) fell 1.3% during mid-day trading on Tuesday . The stock traded as low as $11.11 and last traded at $11.14. 15,747,747 shares traded hands during trading, a decline of 85% from the average session volume of 103,046,625 shares. The stock had previously closed at $11.28.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on F shares. Citigroup upped their price target on Ford Motor from $10.00 to $11.00 and gave the stock a "neutral" rating in a report on Wednesday, May 7th. The Goldman Sachs Group upped their price target on Ford Motor from $9.00 to $10.00 and gave the stock a "neutral" rating in a report on Tuesday, May 6th. JPMorgan Chase & Co. upped their price target on Ford Motor from $12.00 to $13.00 and gave the stock an "overweight" rating in a report on Monday, July 21st. Barclays upped their target price on Ford Motor from $9.00 to $11.00 and gave the company an "equal weight" rating in a research note on Wednesday, July 16th. Finally, Wall Street Zen raised Ford Motor from a "sell" rating to a "hold" rating in a research note on Sunday, July 20th. Three research analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, Ford Motor presently has an average rating of "Hold" and an average price target of $10.40.

Ford Motor Trading Down 2.5%

The company has a market cap of $42.93 billion, a PE ratio of 13.80, a price-to-earnings-growth ratio of 3.19 and a beta of 1.49. The business has a 50 day simple moving average of $10.91 and a two-hundred day simple moving average of $10.21. The company has a current ratio of 1.13, a quick ratio of 0.97 and a debt-to-equity ratio of 2.26.

Ford Motor (NYSE:F - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share for the quarter, topping analysts' consensus estimates of $0.33 by $0.04. Ford Motor had a return on equity of 12.49% and a net margin of 1.70%. The company had revenue of $50.18 billion for the quarter, compared to analyst estimates of $42.91 billion. During the same quarter in the prior year, the company posted $0.47 EPS. The business's revenue for the quarter was up 5.0% compared to the same quarter last year. On average, analysts forecast that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Monday, August 11th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 5.6%. The ex-dividend date of this dividend is Monday, August 11th. Ford Motor's dividend payout ratio (DPR) is 48.00%.

Insider Buying and Selling at Ford Motor

In related news, insider Andrew Frick sold 30,000 shares of the stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $11.00, for a total value of $330,000.00. Following the transaction, the insider directly owned 113,939 shares of the company's stock, valued at approximately $1,253,329. This trade represents a 20.84% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.48% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. Tounjian Advisory Partners LLC acquired a new stake in Ford Motor in the 1st quarter valued at $974,000. Generali Investments CEE investicni spolecnost a.s. increased its holdings in 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 in the last quarter. APG Asset Management N.V. acquired a new stake in Ford Motor in the 4th quarter valued at $20,408,000. Abundance Wealth Counselors increased its holdings in 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 in the last quarter. Finally, OneAscent Financial Services LLC increased its holdings in Ford Motor by 107.1% in the 1st quarter. OneAscent Financial Services LLC now owns 122,748 shares of the auto manufacturer's stock valued at $1,224,000 after purchasing an additional 63,488 shares in the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

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.