Ford Motor (NYSE:F) Trading Down 1.8%

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

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on F shares. Barclays decreased their price objective on shares of Ford Motor from $17.00 to $16.00 and set an “overweight” rating for the company in a research note on Thursday, July 25th. Morgan Stanley restated an “overweight” rating and issued a $16.00 target price on shares of Ford Motor in a research note on Thursday, September 12th. StockNews.com upgraded shares of Ford Motor from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd. Evercore ISI upgraded shares of Ford Motor to a “hold” rating in a research note on Friday, July 26th. Finally, Wolfe Research started coverage on shares of Ford Motor in a report on Thursday, September 5th. They set a “peer perform” rating on the stock. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $12.95.

Ford Motor Stock Performance

The company has a debt-to-equity ratio of 2.30, a quick ratio of 1.00 and a current ratio of 1.17. The stock’s fifty day moving average is $11.29 and its two-hundred day moving average is $12.05. The firm has a market cap of $43.16 billion, a price-to-earnings ratio of 11.06, a PEG ratio of 0.76 and a beta of 1.62.

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

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Wednesday, August 7th were given a dividend of $0.15 per share. 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 (DPR) is 61.86%.

Hedge Funds Weigh In On Ford Motor

Several large investors have recently made changes to their positions in the business. Coatue Management LLC acquired a new position in shares of Ford Motor in the fourth quarter worth about $149,152,000. Dimensional Fund Advisors LP boosted its holdings in shares of Ford Motor by 27.4% in the second quarter. Dimensional Fund Advisors LP now owns 36,190,972 shares of the auto manufacturer’s stock worth $453,732,000 after buying an additional 7,793,944 shares during the period. Fisher Asset Management LLC boosted its holdings in shares of Ford Motor by 6.3% in the fourth quarter. Fisher Asset Management LLC now owns 59,150,709 shares of the auto manufacturer’s stock worth $721,047,000 after buying an additional 3,521,520 shares during the period. Healthcare of Ontario Pension Plan Trust Fund lifted its position in shares of Ford Motor by 456.9% in the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 4,000,000 shares of the auto manufacturer’s stock worth $50,160,000 after purchasing an additional 3,281,800 shares in the last quarter. Finally, AQR Capital Management LLC lifted its position in shares of Ford Motor by 103.6% in the second quarter. AQR Capital Management LLC now owns 4,908,726 shares of the auto manufacturer’s stock worth $60,844,000 after purchasing an additional 2,497,695 shares in the last quarter. Institutional investors own 58.74% of the company’s stock.

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.