Ford Motor (NYSE:F) Trading Down 0.3% - Here's What Happened

Ford Motor (NYSE:F - Get Free Report) was down 0.3% on Friday . The stock traded as low as $9.32 and last traded at $9.37. Approximately 15,316,698 shares changed hands during trading, a decline of 79% from the average daily volume of 73,607,781 shares. The stock had previously closed at $9.39.

Analyst Ratings Changes

Several equities analysts have weighed in on F shares. Sanford C. Bernstein cut Ford Motor from an "outperform" rating to a "market perform" rating and set a $11.00 price target for the company. in a report on Thursday, November 7th. Barclays cut Ford Motor from an "overweight" rating to an "equal weight" rating and cut their price target for the company from $13.00 to $11.00 in a report on Wednesday, January 22nd. JPMorgan Chase & Co. lowered their price objective on Ford Motor from $14.00 to $13.00 and set an "overweight" rating for the company in a research note on Friday, February 7th. Wolfe Research reaffirmed an "underperform" rating on shares of Ford Motor in a research note on Thursday, December 5th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on Ford Motor from $11.00 to $10.00 and set a "hold" rating for the company in a research note on Wednesday, October 30th. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $11.89.

Ford Motor Price Performance

The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. The stock has a market capitalization of $37.08 billion, a P/E ratio of 6.41, a price-to-earnings-growth ratio of 0.61 and a beta of 1.63. The stock has a 50 day moving average of $9.80 and a 200-day moving average of $10.43.

Ford Motor (NYSE:F - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. On average, equities research analysts anticipate that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.41%. The ex-dividend date is Tuesday, February 18th. Ford Motor's dividend payout ratio is currently 41.10%.

Institutional Investors Weigh In On Ford Motor

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. raised its position in Ford Motor by 16.6% during the 4th quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer's stock valued at $3,980,630,000 after purchasing an additional 57,182,803 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in Ford Motor by 5.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer's stock valued at $1,278,153,000 after purchasing an additional 6,497,321 shares in the last quarter. Geode Capital Management LLC raised its position in Ford Motor by 2.5% during the 4th quarter. Geode Capital Management LLC now owns 84,078,284 shares of the auto manufacturer's stock valued at $830,662,000 after purchasing an additional 2,089,127 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Ford Motor by 11.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 46,508,882 shares of the auto manufacturer's stock valued at $460,444,000 after acquiring an additional 4,925,993 shares during the period. Finally, Norges Bank bought a new position in shares of Ford Motor in the 4th quarter worth $387,282,000. 58.74% of the stock is owned by institutional investors.

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.