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

Ford Motor Company (NYSE:F) was the recipient of unusually large options trading activity on Tuesday. Traders acquired 352,812 call options on the stock. This represents an increase of approximately 166% compared to the typical volume of 132,582 call options.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Grove Bank & Trust increased its stake in Ford Motor by 110.7% in the fourth quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock worth $25,000 after purchasing an additional 1,000 shares during the period. MV Capital Management Inc. acquired a new stake in shares of Ford Motor during the fourth quarter worth about $25,000. Olistico Wealth LLC acquired a new stake in shares of Ford Motor during the fourth quarter worth about $26,000. McMillan Office Inc. purchased a new position in Ford Motor during the fourth quarter valued at approximately $26,000. Finally, Legacy Wealth Managment LLC ID increased its position in shares of Ford Motor by 108.4% in the first quarter. Legacy Wealth Managment LLC ID now owns 2,365 shares of the auto manufacturer’s stock valued at $27,000 after buying an additional 1,230 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

F has been the subject of several research analyst reports. TD Cowen decreased their price target on shares of Ford Motor from $14.00 to $13.00 and set a “hold” rating for the company in a report on Friday, May 1st. Bank of America began coverage on shares of Ford Motor in a report on Wednesday, March 4th. They issued a “buy” rating and a $17.00 target price on the stock. Morgan Stanley reaffirmed an “equal weight” rating and set a $14.00 target price on shares of Ford Motor in a report on Wednesday, May 13th. Wells Fargo & Company decreased their price objective on shares of Ford Motor from $11.00 to $10.00 and set an “underweight” rating on the stock in a research note on Tuesday, March 31st. Finally, UBS Group cut their target price on shares of Ford Motor from $15.00 to $14.00 and set a “buy” rating on the stock in a research report on Thursday, April 30th. Five investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $13.56.

Ford Motor Stock Performance

Shares of F stock traded up $0.39 during trading on Tuesday, reaching $15.32. 89,977,531 shares of the company’s stock traded hands, compared to its average volume of 61,889,293. The company has a market capitalization of $61.05 billion, a P/E ratio of -9.88, a PEG ratio of 0.33 and a beta of 1.65. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 2.84. The firm’s 50-day moving average is $12.35 and its 200 day moving average is $13.04. Ford Motor has a 1 year low of $9.88 and a 1 year high of $15.55.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.48. Ford Motor had a negative net margin of 3.22% and a positive return on equity of 15.77%. The business had revenue of $43.25 billion for the quarter, compared to the consensus estimate of $42.66 billion. During the same period last year, the firm posted $0.14 earnings per share. Ford Motor’s quarterly revenue was up 6.4% on a year-over-year basis. Equities research analysts expect that Ford Motor will post 1.6 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th will be given a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, May 12th. This represents a $0.60 dividend on an annualized basis and a yield of 3.9%. Ford Motor’s payout ratio is -38.71%.

Ford Motor Company Profile

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.