Ford Motor (NYSE:F) Short Interest Update

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

Institutional Trading of Ford Motor

Institutional investors and hedge funds have recently modified their holdings of the company. ING Groep NV grew its stake in shares of Ford Motor by 93.4% in the 3rd quarter. ING Groep NV now owns 1,181,128 shares of the auto manufacturer’s stock valued at $12,473,000 after purchasing an additional 570,293 shares during the period. GSA Capital Partners LLP lifted its holdings in Ford Motor by 20.8% during the 3rd quarter. GSA Capital Partners LLP now owns 91,278 shares of the auto manufacturer’s stock valued at $964,000 after purchasing an additional 15,729 shares during the last quarter. Czech National Bank grew its stake in Ford Motor by 6.5% during the third quarter. Czech National Bank now owns 795,732 shares of the auto manufacturer’s stock worth $8,403,000 after buying an additional 48,456 shares during the last quarter. OneAscent Financial Services LLC bought a new position in shares of Ford Motor in the third quarter valued at approximately $545,000. Finally, Claro Advisors LLC boosted its holdings in shares of Ford Motor by 333.6% in the 3rd quarter. Claro Advisors LLC now owns 59,179 shares of the auto manufacturer’s stock worth $625,000 after acquiring an additional 45,532 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. The Goldman Sachs Group upgraded Ford Motor from a “neutral” rating to a “buy” rating and boosted their price target for the company from $12.00 to $13.00 in a research report on Tuesday, October 1st. Barclays decreased their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 29th. Deutsche Bank Aktiengesellschaft dropped their price target on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research report on Wednesday, October 30th. Wells Fargo & Company cut their target price on Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a research note on Tuesday, September 10th. Finally, Morgan Stanley cut Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their target price for the company from $16.00 to $12.00 in a research note on Wednesday, September 25th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, Ford Motor has a consensus rating of “Hold” and an average target price of $12.02.

Ford Motor Stock Performance

F stock traded down $0.12 during midday trading on Tuesday, hitting $11.09. 29,283,719 shares of the company traded hands, compared to its average volume of 53,768,906. The business has a 50 day simple moving average of $10.80 and a 200-day simple moving average of $11.49. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85. The stock has a market capitalization of $44.07 billion, a price-to-earnings ratio of 12.66, a price-to-earnings-growth ratio of 2.00 and a beta of 1.62.

Ford Motor (NYSE:F) last released its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. The company had revenue of $46.20 billion during 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 business’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.39 earnings per share. As a group, equities research analysts predict that Ford Motor will post 1.82 earnings per share for the current year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th will be given a $0.15 dividend. The ex-dividend date of this dividend is Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.41%. Ford Motor’s dividend payout ratio is currently 68.18%.

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.