Ford Motor Company (F) Shares Fall Again Following Yesterday’s Poor Sales Report

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Yesterday we broke the news of Ford Motor Company’s (NYSE:F) rather poor January sales figures. Today shares of Ford are dropping considerably after investors seem to be continuing to digest the news that the company’s January sales figures have declined when compared to last year.

The stock started the day in the green but quickly went red within the first five minutes of trading on the day. Reaching a low of $11.02 at approximately 10:30 a.m. ET, the stock has rebounded considerably over the last three and a half hours of trading. Volume has been well above average, and in fact Ford Motor Company (NYSE:F) is one of the most traded stocks in the market this afternoon. In total there have been over 42.4 million shares trading hands, with a little more than two hours remaining in the trading day. The stock is also getting very close to its 52-week low of $10.44.

The stock is down 2.26% or $0.26 following the news, hitting $11.25 per share. Approximately 42.02M shares traded hands. F shares have declined 23.37% since June 29, 2015 and are currently downtrending. It has underperformed the S&P500 by 14.50%.

From a total of 5 analysts covering F&M Bank (NYSE:F) stock, 4 rate it a “Buy”, 0 a “Sell”, and 1 a “Hold”. This means that 80% of the ratings are positive. The highest target price is $119 while the lowest target price is $16.44. The mean of all analyst targets is $31.93 which is 183.82% above today’s ($11.25) stock price. F&M Bank was the topic of 8 analyst reports since August 7, 2015 according to the firm StockzIntelligence Inc. UBS maintained shares on October 28 with a “Buy” rating. S&P Research maintained F stock in a recent report from September 25 with a “Strong Buy” rating. Finally, Compass Point initiated the stock with a “Neutral” rating in a report they issued on an August 7.

The institutional sentiment decreased to 1.11 in Q2 2015. It’s down 0.03, from 1.14 in 2015Q2. The ratio fall, as 67 funds sold all their Ford Motor Company shares they owned while 361 reduced their positions. 82 funds bought stakes while 391 increased their total positions. Institutions now own 2.26 billion shares which is 2.80% more than the previous share count of 2.20 billion in 2015Q2.

Vantage Investment Partners Llc holds 37.57% of its total portfolio in Ford Motor Company, equating to 9.12 million shares. Western Asset Management Co owns 1.13 million shares representing 13.41% of their total US portfolio. Moreover, Evercore Trust Company N.A. has 11.51% of their total portfolio invested in the company, equating to 219.80 million shares. The Missouri-based Terril Brothers Inc. has a total of 8.38% of their portfolio invested in the stock. Athena Global Investors Llc, a Virginia-based fund reported 516,520 shares owned.

Since March 23, 2015, the stock had 0 insider buys, and 1 insider sale for a total of $1.26 million in net activity. Fleming John sold 91,576 shares worth $1.26M. Schoch David L. sold 14,903 shares worth $221,783. Leitch David G sold 140,000 shares worth $2.10M. Rowley Stuart J. sold 12,000 shares worth $197,688.

Ford Motor Company manufactures or distributes automobiles across six continents. The company has a market cap of $48.20 billion. The Firm operates in two sectors: Automotive and Financial Services. It has 9.43 P/E ratio. Automotive sector includes North America, South America, Europe, Middle East & Africa, and Asia Pacific divisions.