Ford Motor (NYSE:F) Sees Large Growth in Short Interest

Ford Motor (NYSE:F – Get Rating) was the target of a significant increase in short interest in April. As of April 30th, there was short interest totalling 115,040,000 shares, an increase of 23.5% from the April 15th total of 93,180,000 shares. Based on an average trading volume of 76,580,000 shares, the short-interest ratio is presently 1.5 days.

Several equities analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Ford Motor from $21.00 to $17.00 and set a “hold” rating on the stock in a research note on Thursday, April 21st. Zacks Investment Research raised shares of Ford Motor from a “hold” rating to a “buy” rating and set a $22.00 target price on the stock in a report on Wednesday, February 2nd. JPMorgan Chase & Co. cut their target price on shares of Ford Motor from $22.00 to $21.00 in a research report on Monday, April 25th. Citigroup lowered their price target on Ford Motor from $23.00 to $18.00 in a research note on Monday, March 28th. Finally, TheStreet cut shares of Ford Motor from a “b” rating to a “c+” rating in a research note on Wednesday, April 27th. Four research analysts have rated the stock with a sell rating, eleven have issued a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, Ford Motor presently has a consensus rating of “Hold” and an average price target of $18.59.

Ford Motor stock opened at $13.53 on Wednesday. The business has a fifty day moving average of $15.43 and a two-hundred day moving average of $18.32. The company has a quick ratio of 1.01, a current ratio of 1.17 and a debt-to-equity ratio of 1.94. The firm has a market cap of $54.39 billion, a P/E ratio of 4.76, a P/E/G ratio of 2.35 and a beta of 1.15. Ford Motor has a twelve month low of $11.85 and a twelve month high of $25.87.

Ford Motor (NYSE:F – Get Rating) last issued its earnings results on Wednesday, April 27th. The auto manufacturer reported $0.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.01). The firm had revenue of $32.11 billion during the quarter, compared to analysts’ expectations of $30.39 billion. Ford Motor had a return on equity of 12.46% and a net margin of 8.57%. During the same quarter last year, the business earned $0.89 EPS. Equities analysts expect that Ford Motor will post 1.92 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 1st. Stockholders of record on Tuesday, April 26th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.96%. The ex-dividend date of this dividend is Monday, April 25th. Ford Motor’s dividend payout ratio (DPR) is presently 14.08%.

In related news, insider William Clay Ford, Jr. purchased 267,697 shares of the business’s stock in a transaction on Thursday, March 24th. The shares were bought at an average price of $16.81 per share, with a total value of $4,499,986.57. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Motor Co Ford sold 7,000,000 shares of the firm’s stock in a transaction on Friday, May 13th. The shares were sold at an average price of $26.88, for a total transaction of $188,160,000.00. Following the sale, the insider now directly owns 86,947,494 shares of the company’s stock, valued at $2,337,148,638.72. The disclosure for this sale can be found here. Insiders own 0.71% of the company’s stock.

A number of hedge funds have recently bought and sold shares of the stock. Sterling Investment Advisors Ltd. purchased a new stake in shares of Ford Motor during the 4th quarter valued at approximately $27,000. Retirement Planning Co of New England Inc. acquired a new position in shares of Ford Motor in the fourth quarter worth $28,000. Ten Capital Wealth Advisors LLC acquired a new position in shares of Ford Motor during the first quarter worth $25,000. Cedar Mountain Advisors LLC acquired a new position in shares of Ford Motor during the fourth quarter worth $31,000. Finally, Thompson Siegel & Walmsley LLC purchased a new stake in Ford Motor in the first quarter valued at $25,000. Institutional investors own 52.35% of the company’s stock.

Ford Motor Company Profile (Get Rating)

Ford Motor Company designs, manufactures, markets, and services a range of Ford trucks, cars, sport utility vehicles, electrified vehicles, and Lincoln luxury vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment 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.

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