Ford Motor (NYSE:F) Trading Down 1.8%

Ford Motor (NYSE:F) fell 1.8% during mid-day trading on Friday . The company traded as low as $10.69 and last traded at $10.72. 16,467,242 shares traded hands during mid-day trading, a decline of 69% from the average session volume of 53,772,820 shares. The stock had previously closed at $10.92.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on F. Wolfe Research began coverage on shares of Ford Motor in a research report on Thursday, September 5th. They issued a “peer perform” rating for the company. The Goldman Sachs Group reduced their price target on shares of Ford Motor from $14.00 to $12.00 and set a “neutral” rating for the company in a research report on Thursday, July 25th. Wells Fargo & Company cut their price objective on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a research report on Tuesday, September 10th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $11.00 price objective on shares of Ford Motor in a research report on Tuesday, September 10th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $16.00 price objective on shares of Ford Motor in a research report on Thursday, September 12th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, Ford Motor presently has an average rating of “Hold” and a consensus price target of $12.95.

Ford Motor Stock Performance

The company has a debt-to-equity ratio of 2.30, a current ratio of 1.17 and a quick ratio of 1.00. The firm’s 50 day moving average price is $11.29 and its 200-day moving average price is $12.05. The firm has a market cap of $43.16 billion, a price-to-earnings ratio of 11.06, a P/E/G ratio of 0.76 and a beta of 1.62.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.21). Ford Motor had a return on equity of 15.28% and a net margin of 2.13%. The business had revenue of $47.81 billion for the quarter, compared to analyst estimates of $47.79 billion. During the same quarter in the prior year, the firm earned $0.72 EPS. The firm’s quarterly revenue was up 6.3% on a year-over-year basis. On average, analysts anticipate that Ford Motor will post 1.88 earnings per share for the current year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Wednesday, August 7th were paid a $0.15 dividend. The ex-dividend date was Wednesday, August 7th. This represents a $0.60 annualized dividend and a dividend yield of 5.55%. Ford Motor’s dividend payout ratio is presently 61.86%.

Institutional Investors Weigh In On Ford Motor

Institutional investors and hedge funds have recently made changes to their positions in the company. Olistico Wealth LLC bought a new position in shares of Ford Motor in the second quarter valued at about $25,000. Fortis Group Advisors LLC raised its holdings in Ford Motor by 100.0% during the 4th quarter. Fortis Group Advisors LLC now owns 2,172 shares of the auto manufacturer’s stock worth $26,000 after purchasing an additional 1,086 shares during the last quarter. Family Firm Inc. bought a new stake in Ford Motor during the 2nd quarter worth about $26,000. Voisard Asset Management Group Inc. bought a new stake in Ford Motor during the 4th quarter worth about $27,000. Finally, Financial Synergies Wealth Advisors Inc. raised its holdings in Ford Motor by 1,997.9% during the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock worth $27,000 after purchasing an additional 1,938 shares during the last quarter. Institutional investors and hedge funds 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.