Short Interest in Ford Motor (NYSE:F) Rises By 6.4%

Ford Motor (NYSE:F) was the target of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 106,070,000 shares, an increase of 6.4% from the October 15th total of 99,650,000 shares. Approximately 2.7% of the company’s shares are short sold. Based on an average daily trading volume, of 50,450,000 shares, the short-interest ratio is currently 2.1 days.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the stock. Olistico Wealth LLC bought a new stake in shares of Ford Motor in the second quarter worth $25,000. Family Firm Inc. bought a new position in Ford Motor in the second quarter worth approximately $26,000. Quarry LP purchased a new position in shares of Ford Motor during the 2nd quarter worth $27,000. Ridgewood Investments LLC purchased a new position in shares of Ford Motor during the 2nd quarter worth $28,000. Finally, Kimelman & Baird LLC bought a new position in Ford Motor in the 2nd quarter worth $30,000. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Stock Down 0.9 %

Shares of NYSE F traded down $0.10 during midday trading on Tuesday, hitting $11.11. The stock had a trading volume of 25,619,674 shares, compared to its average volume of 53,764,863. The company has a market cap of $44.15 billion, a P/E ratio of 12.66, a PEG ratio of 2.00 and a beta of 1.62. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. The business’s 50 day moving average is $10.80 and its 200-day moving average is $11.49. Ford Motor has a 52 week low of $9.49 and a 52 week high of $14.85.

Ford Motor (NYSE:F) last issued its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, beating the consensus estimate of $0.47 by $0.02. The business had revenue of $46.20 billion for the quarter, compared to the consensus estimate of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The company’s revenue was up 5.5% compared to the same quarter last year. During the same period last year, the business posted $0.39 EPS. As a group, analysts predict that Ford Motor will post 1.82 EPS for the current year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th will be paid a $0.15 dividend. The ex-dividend date is Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.40%. Ford Motor’s dividend payout ratio is presently 68.18%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on F shares. Wolfe Research started coverage on Ford Motor in a research note on Thursday, September 5th. They issued a “peer perform” rating on the stock. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research report on Wednesday, October 30th. Evercore ISI upgraded Ford Motor to a “hold” rating in a research note on Friday, July 26th. Barclays reduced their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 29th. Finally, The Goldman Sachs Group upgraded Ford Motor from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $12.00 to $13.00 in a report on Tuesday, October 1st. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $12.02.

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.