Ford Motor (NYSE:F) Trading Down 2.5% - Here's What Happened

Ford Motor (NYSE:F - Get Free Report)'s stock price was down 2.5% during trading on Tuesday . The stock traded as low as $9.07 and last traded at $9.16. Approximately 50,048,078 shares traded hands during mid-day trading, a decline of 36% from the average daily volume of 77,964,602 shares. The stock had previously closed at $9.39.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Royal Bank of Canada decreased their price objective on shares of Ford Motor from $10.00 to $9.00 and set a "sector perform" rating for the company in a research report on Thursday, February 6th. Wells Fargo & Company dropped their price target on shares of Ford Motor from $9.00 to $8.00 and set an "underweight" rating on the stock in a research note on Thursday, February 6th. Barclays lowered shares of Ford Motor from an "overweight" rating to an "equal weight" rating and dropped their price target for the stock from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Sanford C. Bernstein lowered shares of Ford Motor from an "outperform" rating to a "market perform" rating and set a $11.00 price target on the stock. in a research note on Thursday, November 7th. Finally, BNP Paribas upgraded shares of Ford Motor to a "hold" rating in a research note on Monday, February 10th. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $11.77.

Ford Motor Stock Up 3.1 %

The company has a market cap of $39.26 billion, a PE ratio of 6.78, a P/E/G ratio of 0.61 and a beta of 1.63. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The firm's fifty day simple moving average is $9.72 and its 200-day simple moving average is $10.38.

Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. As a group, equities research analysts expect that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 6.06%. The ex-dividend date was Tuesday, February 18th. Ford Motor's payout ratio is 41.10%.

Hedge Funds Weigh In On Ford Motor

Institutional investors and hedge funds have recently modified their holdings of the company. Hager Investment Management Services LLC acquired a new stake in shares of Ford Motor in the fourth quarter worth $26,000. Bank of Jackson Hole Trust acquired a new stake in Ford Motor during the 4th quarter valued at $29,000. Flagship Wealth Advisors LLC acquired a new stake in Ford Motor during the 4th quarter valued at $30,000. Kentucky Trust Co acquired a new stake in Ford Motor during the 4th quarter valued at $31,000. Finally, Spurstone Advisory Services LLC acquired a new stake in Ford Motor during the 4th quarter valued at $31,000. Hedge funds and other 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.