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

Ford Motor (NYSE:F) was the target of some unusual options trading on Wednesday. Stock traders purchased 223,621 call options on the stock. This is an increase of 49% compared to the average volume of 149,933 call options.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on F shares. StockNews.com raised Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. Barclays decreased their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research note on Tuesday, October 29th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $10.00 price target on shares of Ford Motor in a research note on Tuesday, October 29th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research note on Wednesday, October 30th. Finally, Wolfe Research began coverage on shares of Ford Motor in a research note on Thursday, September 5th. They set a “peer perform” rating on the stock. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $12.41.

Ford Motor Stock Up 4.1 %

Shares of F stock traded up $0.43 on Wednesday, hitting $11.03. The stock had a trading volume of 48,937,823 shares, compared to its average volume of 53,685,414. Ford Motor has a 52-week low of $9.49 and a 52-week high of $14.85. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. The firm has a market capitalization of $43.85 billion, a price-to-earnings ratio of 12.49, a P/E/G ratio of 1.85 and a beta of 1.62. The stock’s 50 day moving average is $10.77 and its 200-day moving average is $11.59.

Ford Motor (NYSE:F) last released its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. The business had revenue of $46.20 billion for the quarter, compared to analysts’ expectations of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The company’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.39 EPS. As a group, research analysts expect that Ford Motor will post 1.82 earnings per share for the current year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 7th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.44%. The ex-dividend date is Thursday, November 7th. Ford Motor’s dividend payout ratio is currently 68.18%.

Institutional Trading of Ford Motor

Several institutional investors have recently made changes to their positions in F. Olistico Wealth LLC bought a new position in Ford Motor during the second quarter valued at approximately $25,000. Family Firm Inc. bought a new position in shares of Ford Motor in the second quarter valued at approximately $26,000. Quarry LP bought a new position in Ford Motor during the second quarter worth $27,000. Ridgewood Investments LLC bought a new position in Ford Motor during the second quarter worth $28,000. Finally, Kimelman & Baird LLC bought a new position in Ford Motor during the second quarter worth $30,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

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.