Ford Motor (NYSE:F) Shares Down 2%

Ford Motor (NYSE:F) shares traded down 2% during trading on Monday . The stock traded as low as $10.47 and last traded at $10.56. 17,869,787 shares were traded during trading, a decline of 67% from the average session volume of 53,763,367 shares. The stock had previously closed at $10.78.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on F. Wolfe Research initiated coverage on Ford Motor in a report on Thursday, September 5th. They issued a “peer perform” rating on the stock. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $11.00 target price on shares of Ford Motor in a research note on Tuesday, September 10th. StockNews.com upgraded Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. Wells Fargo & Company lowered their target price on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a research note on Tuesday, September 10th. Finally, Evercore ISI upgraded Ford Motor to a “hold” rating in a research note on Friday, July 26th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $12.64.

Ford Motor Trading Down 2.0 %

The business’s 50-day moving average is $10.87 and its 200 day moving average is $11.98. The firm has a market capitalization of $42.16 billion, a P/E ratio of 10.89, a price-to-earnings-growth ratio of 0.79 and a beta of 1.62. The company has a debt-to-equity ratio of 2.30, a current ratio of 1.17 and a quick ratio of 1.00.

Ford Motor (NYSE:F) last released its earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share for the quarter, missing the consensus estimate 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 the consensus estimate of $47.79 billion. During the same quarter in the previous year, the company earned $0.72 earnings per share. The firm’s revenue for the quarter was up 6.3% on a year-over-year basis. As a group, analysts anticipate that Ford Motor will post 1.88 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Wednesday, August 7th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Wednesday, August 7th. This represents a $0.60 annualized dividend and a dividend yield of 5.68%. Ford Motor’s dividend payout ratio (DPR) is presently 61.86%.

Institutional Trading of Ford Motor

A number of institutional investors have recently bought and sold shares of F. Olistico Wealth LLC bought a new stake in shares of Ford Motor in the 2nd quarter valued at $25,000. Financial Synergies Wealth Advisors Inc. raised its position in shares of Ford Motor by 1,997.9% during the first 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 period. Family Firm Inc. purchased a new position in shares of Ford Motor in the 2nd quarter worth about $26,000. Quarry LP bought a new position in Ford Motor during the second quarter valued at about $27,000. Finally, Fortis Group Advisors LLC raised its position in Ford Motor by 100.0% in the fourth quarter. Fortis Group Advisors LLC now owns 2,172 shares of the auto manufacturer’s stock worth $26,000 after acquiring an additional 1,086 shares during the period. 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.