Ford Motor (NYSE:F) Stock Price Down 2.5% – Should You Sell?

Shares of Ford Motor Company (NYSE:F) traded down 2.5% on Wednesday . The stock traded as low as $15.63 and last traded at $15.7450. 58,168,605 shares changed hands during trading, a decline of 9% from the average session volume of 63,808,559 shares. The stock had previously closed at $16.15.

Analysts Set New Price Targets

Several analysts have weighed in on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Ford Motor in a research note on Friday, March 27th. UBS Group lowered their target price on shares of Ford Motor from $15.00 to $14.00 and set a “buy” rating for the company in a research note on Thursday, April 30th. Wall Street Zen lowered shares of Ford Motor from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Wells Fargo & Company lowered their target price on shares of Ford Motor from $11.00 to $10.00 and set an “underweight” rating for the company in a research note on Tuesday, March 31st. Finally, Royal Bank Of Canada reissued a “sector perform” rating and set a $13.00 price target on shares of Ford Motor in a report on Friday, May 15th. Five analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Ford Motor presently has a consensus rating of “Hold” and an average price target of $14.20.

Ford Motor Trading Down 2.8%

The company has a market cap of $59.39 billion, a price-to-earnings ratio of -9.62, a P/E/G ratio of 0.34 and a beta of 1.79. The company has a debt-to-equity ratio of 2.84, a current ratio of 1.09 and a quick ratio of 0.94. The firm’s fifty day moving average price is $13.06 and its 200-day moving average price is $13.21.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.48. Ford Motor had a negative net margin of 3.22% and a positive return on equity of 15.77%. The company had revenue of $43.25 billion during the quarter, compared to the consensus estimate of $42.66 billion. During the same quarter in the previous year, the company posted $0.14 earnings per share. The company’s revenue for the quarter was up 6.4% compared to the same quarter last year. On average, equities analysts expect that Ford Motor Company will post 1.64 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, May 12th. This represents a $0.60 annualized dividend and a dividend yield of 4.0%. Ford Motor’s payout ratio is -38.71%.

Institutional Investors Weigh In On Ford Motor

Several institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. lifted its holdings in Ford Motor by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 471,705,454 shares of the auto manufacturer’s stock worth $6,188,776,000 after purchasing an additional 4,087,699 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in Ford Motor by 2.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 152,017,084 shares of the auto manufacturer’s stock worth $1,994,464,000 after purchasing an additional 4,089,779 shares during the period. Geode Capital Management LLC lifted its holdings in Ford Motor by 1.2% in the fourth quarter. Geode Capital Management LLC now owns 106,600,353 shares of the auto manufacturer’s stock worth $1,394,697,000 after purchasing an additional 1,255,349 shares during the period. Norges Bank acquired a new stake in Ford Motor in the fourth quarter worth about $674,437,000. Finally, Dimensional Fund Advisors LP lifted its holdings in Ford Motor by 3.5% in the first quarter. Dimensional Fund Advisors LP now owns 47,442,901 shares of the auto manufacturer’s stock worth $547,379,000 after purchasing an additional 1,585,557 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Company Profile

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.