Ford Motor Sees Unusually Large Options Volume (NYSE:F)

Ford Motor (NYSE:F) saw some unusual options trading activity on Friday. Traders bought 223,348 call options on the stock. This is an increase of 62% compared to the typical daily volume of 137,594 call options.

Ford Motor Trading Up 1.6 %

NYSE F traded up $0.16 on Friday, reaching $10.17. 60,707,245 shares of the company were exchanged, compared to its average volume of 62,934,113. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34. The business’s fifty day moving average price is $10.40 and its 200 day moving average price is $10.96. The stock has a market capitalization of $40.43 billion, a P/E ratio of 11.56, a price-to-earnings-growth ratio of 1.86 and a beta of 1.64. Ford Motor has a fifty-two week low of $9.49 and a fifty-two week high of $14.85.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.02. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The firm had revenue of $46.20 billion for the quarter, compared to analysts’ expectations of $45.13 billion. During the same quarter in the previous year, the company posted $0.39 EPS. The company’s revenue was up 5.5% compared to the same quarter last year. Analysts forecast that Ford Motor will post 1.77 earnings per share for the current year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.90%. The ex-dividend date of this dividend was Thursday, November 7th. Ford Motor’s payout ratio is presently 68.18%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on F shares. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a report on Wednesday, October 30th. Royal Bank of Canada restated a “sector perform” rating and issued a $10.00 price target on shares of Ford Motor in a research note on Tuesday, October 29th. The Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $12.00 to $13.00 in a research note on Tuesday, October 1st. Morgan Stanley lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their price target for the company from $16.00 to $12.00 in a research note on Wednesday, September 25th. Finally, Jefferies Financial Group lowered Ford Motor from a “hold” rating to an “underperform” rating and cut their price objective for the stock from $12.00 to $9.00 in a research note on Monday, December 16th. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, Ford Motor presently has a consensus rating of “Hold” and an average target price of $11.83.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in F. Quarry LP purchased a new stake in shares of Ford Motor in the 2nd quarter valued at approximately $27,000. Kimelman & Baird LLC acquired a new position in Ford Motor in the 2nd quarter valued at about $30,000. Reston Wealth Management LLC purchased a new stake in Ford Motor during the third quarter worth about $33,000. Access Investment Management LLC acquired a new stake in shares of Ford Motor during the third quarter worth about $34,000. Finally, Modus Advisors LLC purchased a new position in shares of Ford Motor in the fourth quarter valued at approximately $34,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Company Profile

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.