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

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Barclays downgraded Ford Motor from an "overweight" rating to an "equal weight" rating and reduced their target price for the company from $13.00 to $11.00 in a report on Wednesday, January 22nd. BNP Paribas upgraded Ford Motor to a "hold" rating in a research report on Monday, February 10th. Wells Fargo & Company dropped their price objective on Ford Motor from $9.00 to $8.00 and set an "underweight" rating for the company in a research report on Thursday, February 6th. JPMorgan Chase & Co. dropped their price objective on shares of Ford Motor from $14.00 to $13.00 and set an "overweight" rating for the company in a research note on Friday, February 7th. Finally, Bank of America dropped their price objective on shares of Ford Motor from $19.00 to $15.50 and set a "buy" rating for the company in a research note on Thursday, February 6th. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $11.89.

Ford Motor Stock Performance

The company has a market capitalization of $38.23 billion, a PE ratio of 6.61, a PEG ratio of 0.61 and a beta of 1.63. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The company has a 50 day moving average price of $9.73 and a 200 day moving average price of $10.39.

Ford Motor (NYSE:F - Get Free Report) last released its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, beating the consensus estimate of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. Equities analysts forecast that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 6.22%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor's dividend payout ratio is currently 41.10%.

Institutional Investors Weigh In On Ford Motor

Institutional investors and hedge funds have recently made changes to their positions in the company. Farther Finance Advisors LLC increased its position in Ford Motor by 4.9% in the third quarter. Farther Finance Advisors LLC now owns 43,153 shares of the auto manufacturer's stock worth $456,000 after buying an additional 2,004 shares during the period. Pure Financial Advisors LLC increased its position in Ford Motor by 6.6% in the third quarter. Pure Financial Advisors LLC now owns 16,096 shares of the auto manufacturer's stock worth $170,000 after buying an additional 990 shares during the period. Janney Montgomery Scott LLC increased its position in Ford Motor by 49.3% in the third quarter. Janney Montgomery Scott LLC now owns 998,712 shares of the auto manufacturer's stock worth $10,546,000 after buying an additional 329,631 shares during the period. Robeco Institutional Asset Management B.V. increased its position in Ford Motor by 4.0% in the third quarter. Robeco Institutional Asset Management B.V. now owns 3,805,352 shares of the auto manufacturer's stock worth $40,185,000 after buying an additional 146,376 shares during the period. Finally, Donaldson Capital Management LLC acquired a new position in shares of Ford Motor during the third quarter valued at $202,000. 58.74% of the stock is owned by institutional investors and hedge funds.

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.