Ford Motor (NYSE:F) Short Interest Up 8.9% in September

Ford Motor (NYSE:F) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totalling 94,960,000 shares, an increase of 8.9% from the August 31st total of 87,160,000 shares. Based on an average trading volume of 59,030,000 shares, the short-interest ratio is presently 1.6 days. Approximately 2.4% of the shares of the company are sold short.

Hedge Funds Weigh In On Ford Motor

A number of large investors have recently modified their holdings of F. Gilbert & Cook Inc. boosted its position in Ford Motor by 4.1% during the 4th quarter. Gilbert & Cook Inc. now owns 46,670 shares of the auto manufacturer’s stock worth $569,000 after purchasing an additional 1,836 shares during the period. Aveo Capital Partners LLC boosted its position in shares of Ford Motor by 6.9% in the fourth quarter. Aveo Capital Partners LLC now owns 20,906 shares of the auto manufacturer’s stock worth $255,000 after buying an additional 1,352 shares during the period. Gryphon Financial Partners LLC grew its stake in shares of Ford Motor by 4.0% in the fourth quarter. Gryphon Financial Partners LLC now owns 26,116 shares of the auto manufacturer’s stock valued at $334,000 after buying an additional 1,002 shares in the last quarter. TD Asset Management Inc raised its holdings in shares of Ford Motor by 5.0% during the 4th quarter. TD Asset Management Inc now owns 1,389,586 shares of the auto manufacturer’s stock valued at $16,939,000 after buying an additional 66,619 shares during the period. Finally, Evoke Wealth LLC lifted its position in Ford Motor by 65.2% during the 4th quarter. Evoke Wealth LLC now owns 38,569 shares of the auto manufacturer’s stock worth $470,000 after acquiring an additional 15,221 shares in the last quarter. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

F has been the topic of several research reports. StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. Wolfe Research initiated coverage on Ford Motor in a report on Thursday, September 5th. They set a “peer perform” rating on the stock. Evercore ISI raised Ford Motor to a “hold” rating in a research note on Friday, July 26th. The Goldman Sachs Group upgraded Ford Motor from a “neutral” rating to a “buy” rating and lifted their target price for the company from $12.00 to $13.00 in a research note on Tuesday. Finally, Wells Fargo & Company cut their price target on Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a research note on Tuesday, September 10th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $12.72.

Ford Motor Trading Up 1.8 %

Shares of NYSE F traded up $0.20 during midday trading on Tuesday, reaching $10.76. 63,874,216 shares of the stock were exchanged, compared to its average volume of 54,050,430. The company has a current ratio of 1.17, a quick ratio of 1.00 and a debt-to-equity ratio of 2.30. The company has a market capitalization of $42.94 billion, a P/E ratio of 11.09, a P/E/G ratio of 0.79 and a beta of 1.62. The stock has a 50 day moving average price of $10.73 and a 200-day moving average price of $11.96. Ford Motor has a 52-week low of $9.49 and a 52-week high of $14.85.

Ford Motor (NYSE:F) last released its earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.21). The business had revenue of $47.81 billion during the quarter, compared to analyst estimates of $47.79 billion. Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The business’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.72 earnings per share. Equities research analysts expect that Ford Motor will post 1.88 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Wednesday, August 7th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.58%. The ex-dividend date of this dividend was Wednesday, August 7th. Ford Motor’s payout ratio is currently 61.86%.

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.