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

Ford Motor Company (NYSE:F) was the target of some unusual options trading activity on Monday. Stock traders acquired 17,842 put options on the company. This represents an increase of 122% compared to the average volume of 8,031 put options.

In other news, insider James D. Farley, Jr. sold 25,000 shares of the firm’s stock in a transaction dated Monday, June 12th. The shares were sold at an average price of $11.16, for a total value of $279,000.00. Following the sale, the insider now directly owns 428,411 shares in the company, valued at approximately $4,781,066.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.08% of the stock is currently owned by company insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Quadrature Capital Ltd acquired a new position in Ford Motor during the fourth quarter valued at about $5,571,000. Wealthfront Inc. acquired a new position in Ford Motor during the fourth quarter valued at about $434,000. RMB Capital Management LLC acquired a new position in Ford Motor during the fourth quarter valued at about $5,958,000. HighPoint Advisor Group LLC boosted its position in Ford Motor by 12.1% in the fourth quarter. HighPoint Advisor Group LLC now owns 165,062 shares of the auto manufacturer’s stock valued at $2,095,000 after buying an additional 17,856 shares during the last quarter. Finally, Teachers Advisors LLC boosted its position in Ford Motor by 7.9% in the fourth quarter. Teachers Advisors LLC now owns 7,735,818 shares of the auto manufacturer’s stock valued at $93,835,000 after buying an additional 566,217 shares during the last quarter. Hedge funds and other institutional investors own 55.50% of the company’s stock.

Shares of Ford Motor (NYSE:F) opened at 11.06 on Thursday. The company has a 50-day moving average of $11.31 and a 200 day moving average of $11.72. Ford Motor has a one year low of $10.67 and a one year high of $13.27. The stock has a market cap of $44.04 billion, a price-to-earnings ratio of 11.78 and a beta of 1.11.

Ford Motor (NYSE:F) last released its quarterly earnings data on Wednesday, July 26th. The auto manufacturer reported $0.56 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.43 by $0.13. The firm had revenue of $36.93 billion during the quarter, compared to analysts’ expectations of $37.22 billion. Ford Motor had a return on equity of 19.36% and a net margin of 2.48%. Ford Motor’s revenue was down .5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.52 earnings per share. On average, equities analysts forecast that Ford Motor will post $1.51 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Monday, July 24th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.42%. The ex-dividend date is Thursday, July 20th. Ford Motor’s payout ratio is 64.52%.

A number of research firms recently commented on F. ValuEngine cut shares of Ford Motor from a “buy” rating to a “hold” rating in a research note on Saturday, June 17th. Bank of America Corporation reiterated a “buy” rating and issued a $12.50 target price (down from $14.00) on shares of Ford Motor in a research note on Friday, June 16th. Zacks Investment Research cut shares of Ford Motor from a “hold” rating to a “strong sell” rating in a research note on Wednesday, March 29th. Vetr upgraded shares of Ford Motor from a “buy” rating to a “strong-buy” rating and set a $12.60 target price for the company in a research note on Thursday, July 6th. Finally, Wolfe Research began coverage on shares of Ford Motor in a research note on Tuesday, June 13th. They issued a “market perform” rating for the company. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company’s stock. Ford Motor has a consensus rating of “Hold” and an average target price of $13.43.

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About Ford Motor

Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.

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