Ford Motor Target of Unusually Large Options Trading (NYSE:F)

Ford Motor (NYSE:F) saw some unusual options trading activity on Wednesday. Investors acquired 223,621 call options on the stock. This is an increase of approximately 49% compared to the average daily volume of 149,933 call options.

Wall Street Analyst Weigh In

Several brokerages have commented on F. Evercore ISI upgraded shares of Ford Motor to a “hold” rating in a research note on Friday, July 26th. Morgan Stanley downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $16.00 to $12.00 in a research note on Wednesday, September 25th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research note on Wednesday, October 30th. Wells Fargo & Company lowered their price objective on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a research note on Tuesday, September 10th. Finally, StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, Ford Motor currently has a consensus rating of “Hold” and a consensus price target of $12.41.

Ford Motor Trading Up 4.1 %

F stock traded up $0.43 during midday trading on Wednesday, reaching $11.03. The stock had a trading volume of 48,937,823 shares, compared to its average volume of 53,685,414. The firm has a market cap of $43.85 billion, a price-to-earnings ratio of 12.49, a PEG ratio of 1.85 and a beta of 1.62. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85. The business has a fifty day simple moving average of $10.77 and a two-hundred day simple moving average of $11.59. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34.

Ford Motor (NYSE:F) last posted its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. The business had revenue of $46.20 billion for the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The firm’s revenue was up 5.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.39 EPS. As a group, research analysts expect that Ford Motor will post 1.82 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th will be paid a $0.15 dividend. The ex-dividend date is Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a yield of 5.44%. Ford Motor’s dividend payout ratio (DPR) is presently 68.18%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. Olistico Wealth LLC purchased a new position in shares of Ford Motor in the second quarter valued at $25,000. Family Firm Inc. bought a new stake in Ford Motor during the second quarter worth about $26,000. Quarry LP bought a new stake in Ford Motor during the second quarter worth about $27,000. Ridgewood Investments LLC bought a new stake in Ford Motor during the second quarter worth about $28,000. Finally, Kimelman & Baird LLC bought a new stake in shares of Ford Motor in the 2nd quarter valued at about $30,000. Institutional investors own 58.74% of the company’s stock.

About Ford Motor

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.