Traders Buy Large Volume of Call Options on Ford Motor (NYSE:F)

Ford Motor (NYSE:F) saw unusually large options trading activity on Wednesday. Stock investors acquired 212,687 call options on the company. This is an increase of 28% compared to the typical daily volume of 165,538 call options.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in F. Hager Investment Management Services LLC acquired a new position in Ford Motor during the 4th quarter valued at $26,000. Bank of Jackson Hole Trust acquired a new stake in Ford Motor during the fourth quarter worth about $29,000. Flagship Wealth Advisors LLC bought a new position in Ford Motor during the fourth quarter valued at about $30,000. Kentucky Trust Co acquired a new stake in shares of Ford Motor during the 4th quarter worth approximately $31,000. Finally, Spurstone Advisory Services LLC acquired a new position in shares of Ford Motor in the fourth quarter valued at $31,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Analysts Set New Price Targets

F has been the subject of a number of recent research reports. Wells Fargo & Company lowered their price objective on Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a research note on Thursday, February 6th. Royal Bank of Canada dropped their price target on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 6th. BNP Paribas raised Ford Motor to a “hold” rating in a research note on Monday, February 10th. Piper Sandler decreased their price target on Ford Motor from $13.00 to $9.00 and set a “neutral” rating for the company in a research note on Thursday, March 20th. Finally, Evercore ISI cut their price objective on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating on the stock in a research note on Monday, February 10th. Four equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, Ford Motor presently has an average rating of “Hold” and an average target price of $11.10.

Ford Motor Stock Up 8.3 %

F stock traded up $0.72 during midday trading on Wednesday, reaching $9.41. The company had a trading volume of 167,614,778 shares, compared to its average volume of 109,311,133. The company has a 50 day moving average of $9.64 and a two-hundred day moving average of $10.20. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. Ford Motor has a 1 year low of $8.44 and a 1 year high of $14.85. The company has a market capitalization of $37.29 billion, a P/E ratio of 6.45, a PEG ratio of 0.61 and a beta of 1.41.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. On average, equities research analysts expect that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 6.38%. The ex-dividend date was Tuesday, February 18th. Ford Motor’s payout ratio is presently 41.10%.

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.