Ford Motor (NYSE:F) Stock Price Down 0.4% - Here's What Happened

Ford Motor (NYSE:F - Get Free Report)'s share price was down 0.4% during mid-day trading on Monday . The stock traded as low as $11.05 and last traded at $11.06. Approximately 6,956,077 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 53,030,938 shares. The stock had previously closed at $11.10.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on F shares. Barclays lowered their price objective on shares of Ford Motor from $16.00 to $14.00 and set an "overweight" rating on the stock in a research note on Tuesday, October 15th. Wells Fargo & Company lowered their price objective 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. Evercore ISI raised Ford Motor to a "hold" rating in a research report on Friday, July 26th. The Goldman Sachs Group raised Ford Motor from a "neutral" rating to a "buy" rating and raised their target price for the stock from $12.00 to $13.00 in a research report on Tuesday, October 1st. Finally, StockNews.com raised Ford Motor from a "sell" rating to a "hold" rating in a research report on Friday, August 2nd. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $12.56.

Ford Motor Stock Performance

The company has a market capitalization of $43.40 billion, a P/E ratio of 11.40, a PEG ratio of 0.77 and a beta of 1.62. The stock has a fifty day simple moving average of $10.75 and a 200-day simple moving average of $11.76. The company has a quick ratio of 1.00, a current ratio of 1.17 and a debt-to-equity ratio of 2.30.

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

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Wednesday, August 7th were issued a $0.15 dividend. The ex-dividend date was Wednesday, August 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.52%. Ford Motor's dividend payout ratio is 61.86%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Legacy Wealth Asset Management LLC increased its position in Ford Motor by 1.7% in the first quarter. Legacy Wealth Asset Management LLC now owns 48,916 shares of the auto manufacturer's stock worth $650,000 after purchasing an additional 836 shares during the period. Insight Wealth Partners LLC increased its position in Ford Motor by 1.9% in the second quarter. Insight Wealth Partners LLC now owns 44,144 shares of the auto manufacturer's stock worth $554,000 after purchasing an additional 843 shares during the period. Pallas Capital Advisors LLC increased its position in Ford Motor by 2.9% in the second quarter. Pallas Capital Advisors LLC now owns 29,850 shares of the auto manufacturer's stock worth $374,000 after purchasing an additional 846 shares during the period. RB Capital Management LLC increased its position in Ford Motor by 2.9% in the first quarter. RB Capital Management LLC now owns 30,380 shares of the auto manufacturer's stock worth $403,000 after purchasing an additional 857 shares during the period. Finally, Freestone Capital Holdings LLC increased its position in Ford Motor by 5.0% in the first quarter. Freestone Capital Holdings LLC now owns 18,346 shares of the auto manufacturer's stock worth $244,000 after purchasing an additional 875 shares during the period. 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.