Ford Motor (NYSE:F) Stock Price Down 3.8% – Should You Sell?

Ford Motor Company (NYSE:F) fell 3.8% on Thursday . The stock traded as low as $12.38 and last traded at $12.4050. 95,784,393 shares changed hands during mid-day trading, a decline of 1% from the average session volume of 96,695,516 shares. The stock had previously closed at $12.90.

Analysts Set New Price Targets

F has been the subject of a number of research analyst reports. Citigroup raised their price target on Ford Motor from $11.00 to $13.50 and gave the stock a “neutral” rating in a research note on Monday, October 27th. Barclays upped their price target on shares of Ford Motor from $11.00 to $12.00 and gave the stock an “equal weight” rating in a report on Monday, October 27th. The Goldman Sachs Group raised their price target on shares of Ford Motor from $11.00 to $12.00 and gave the stock a “neutral” rating in a research note on Monday, September 29th. Dbs Bank cut shares of Ford Motor from a “hold” rating to a “moderate sell” rating in a research report on Monday, August 4th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Ford Motor in a research note on Monday. Three research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $11.73.

Ford Motor Price Performance

The firm has a market capitalization of $49.43 billion, a PE ratio of 10.69, a P/E/G ratio of 4.03 and a beta of 1.60. The company has a debt-to-equity ratio of 2.20, a quick ratio of 0.98 and a current ratio of 1.12. The stock has a fifty day moving average price of $12.38 and a 200-day moving average price of $11.50.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Thursday, October 23rd. The auto manufacturer reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.07. Ford Motor had a return on equity of 11.94% and a net margin of 2.48%.The firm had revenue of $50.53 billion during the quarter, compared to analysts’ expectations of $43.08 billion. During the same period in the prior year, the business posted $0.49 EPS. The firm’s quarterly revenue was up 9.4% on a year-over-year basis. Sell-side analysts forecast that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Friday, November 7th will be given a $0.15 dividend. The ex-dividend date of this dividend is Friday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.8%. Ford Motor’s payout ratio is presently 51.72%.

Institutional Investors Weigh In On Ford Motor

A number of hedge funds and other institutional investors have recently bought and sold shares of F. Corsicana & Co. purchased a new position in shares of Ford Motor during the third quarter worth $25,000. Trust Co. of Toledo NA OH acquired a new stake in Ford Motor during the 2nd quarter worth about $25,000. Country Trust Bank purchased a new position in shares of Ford Motor during the 2nd quarter valued at about $27,000. Capital A Wealth Management LLC grew its holdings in Ford Motor by 990.9% during the second quarter. Capital A Wealth Management LLC now owns 2,509 shares of the auto manufacturer’s stock worth $27,000 after acquiring an additional 2,279 shares during the period. Finally, Johnson Financial Group Inc. raised its position in Ford Motor by 55.4% during the third quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer’s stock valued at $28,000 after acquiring an additional 837 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

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.