Ford Motor (NYSE:F) Sees Significant Decrease in Short Interest

Ford Motor (NYSE:F) saw a significant drop in short interest in November. As of November 15th, there was short interest totalling 100,500,000 shares, a drop of 5.3% from the October 31st total of 106,070,000 shares. Based on an average daily trading volume, of 52,460,000 shares, the short-interest ratio is presently 1.9 days. Currently, 2.6% of the company’s stock are short sold.

Ford Motor Stock Down 0.6 %

Shares of F opened at $10.75 on Thursday. The business’s 50 day simple moving average is $10.87 and its 200-day simple moving average is $11.39. Ford Motor has a one year low of $9.49 and a one year high of $14.85. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. The company has a market capitalization of $42.72 billion, a P/E ratio of 12.22, a PEG ratio of 2.00 and a beta of 1.62.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.02. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The firm had revenue of $46.20 billion for the quarter, compared to the consensus estimate of $45.13 billion. During the same quarter in the prior year, the business earned $0.39 EPS. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. As a group, sell-side analysts predict that Ford Motor will post 1.81 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.58%. The ex-dividend date was Thursday, November 7th. Ford Motor’s payout ratio is 68.18%.

Analysts Set New Price Targets

A number of research firms have recently commented on F. Barclays dropped their price objective on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 29th. Sanford C. Bernstein lowered Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective on the stock. in a research note on Thursday, November 7th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $10.00 price objective on shares of Ford Motor in a research note on Tuesday, October 29th. The Goldman Sachs Group upgraded Ford Motor from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $12.00 to $13.00 in a research note on Tuesday, October 1st. Finally, Deutsche Bank Aktiengesellschaft dropped their price objective on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research note on Wednesday, October 30th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, Ford Motor has a consensus rating of “Hold” and a consensus price target of $12.08.

Institutional Trading of Ford Motor

Institutional investors and hedge funds have recently made changes to their positions in the business. Olistico Wealth LLC bought a new stake in shares of Ford Motor in the 2nd quarter valued at $25,000. Family Firm Inc. bought a new stake in shares of Ford Motor in the 2nd quarter valued at $26,000. Quarry LP bought a new stake in shares of Ford Motor in the 2nd quarter valued at $27,000. Ridgewood Investments LLC bought a new stake in shares of Ford Motor in the 2nd quarter valued at $28,000. Finally, Kimelman & Baird LLC bought a new stake in shares of Ford Motor in the 2nd quarter valued at $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.