Ford Motor Sees Unusually Large Options Volume (F)
Ford Motor Company (NYSE:F) was the target of some unusual options trading activity on Tuesday. Stock traders bought 16,478 put options on the stock. This is an increase of 112% compared to the average volume of 7,783 put options.
Ford Motor (NYSE F) opened at 10.77 on Friday. The firm’s 50-day moving average is $11.25 and its 200-day moving average is $11.61. Ford Motor has a 12 month low of $10.67 and a 12 month high of $13.27. The company has a market capitalization of $42.78 billion, a PE ratio of 11.34 and a beta of 1.11.
Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, July 26th. The auto manufacturer reported $0.56 EPS for the quarter, topping the Zacks’ consensus estimate of $0.43 by $0.13. Ford Motor had a return on equity of 19.69% and a net margin of 2.52%. The company had revenue of $36.93 billion for the quarter, compared to analysts’ expectations of $37.22 billion. During the same period in the previous year, the firm earned $0.52 EPS. The firm’s revenue was down .5% compared to the same quarter last year. Equities analysts anticipate that Ford Motor will post $1.76 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Monday, July 24th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.57%. The ex-dividend date of this dividend is Thursday, July 20th. Ford Motor’s payout ratio is 63.16%.
F has been the topic of several recent research reports. Vetr downgraded shares of Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.45 price objective on the stock. in a report on Wednesday, May 31st. Wolfe Research initiated coverage on shares of Ford Motor in a report on Tuesday, June 13th. They set a “market perform” rating on the stock. Zacks Investment Research raised shares of Ford Motor from a “strong sell” rating to a “hold” rating in a report on Monday, April 24th. Piper Jaffray Companies reaffirmed a “buy” rating and set a $14.00 price objective on shares of Ford Motor in a report on Friday, July 28th. Finally, Deutsche Bank AG reaffirmed a “hold” rating and set a $14.00 price objective on shares of Ford Motor in a report on Wednesday, May 24th. Three investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. Ford Motor presently has an average rating of “Hold” and a consensus target price of $12.60.
In other Ford Motor news, VP John T. Lawler sold 80,624 shares of the company’s stock in a transaction dated Thursday, August 3rd. The shares were sold at an average price of $11.00, for a total transaction of $886,864.00. Following the sale, the vice president now directly owns 10 shares of the company’s stock, valued at $110. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider James D. Farley, Jr. sold 25,000 shares of the company’s stock in a transaction dated Monday, June 12th. The shares were sold at an average price of $11.16, for a total transaction of $279,000.00. Following the sale, the insider now directly owns 428,411 shares in the company, valued at $4,781,066.76. The disclosure for this sale can be found here. 1.08% of the stock is owned by corporate insiders.
A number of hedge funds have recently added to or reduced their stakes in the company. Argent Trust Co increased its stake in Ford Motor by 0.3% in the first quarter. Argent Trust Co now owns 11,226 shares of the auto manufacturer’s stock worth $131,000 after buying an additional 30 shares during the last quarter. JFS Wealth Advisors LLC increased its stake in Ford Motor by 0.3% in the second quarter. JFS Wealth Advisors LLC now owns 10,997 shares of the auto manufacturer’s stock worth $123,000 after buying an additional 33 shares during the last quarter. FNY Managed Accounts LLC increased its stake in Ford Motor by 0.3% in the first quarter. FNY Managed Accounts LLC now owns 10,339 shares of the auto manufacturer’s stock worth $120,000 after buying an additional 34 shares during the last quarter. Donaldson Capital Management LLC increased its stake in Ford Motor by 0.3% in the second quarter. Donaldson Capital Management LLC now owns 13,851 shares of the auto manufacturer’s stock worth $155,000 after buying an additional 43 shares during the last quarter. Finally, Gainplan LLC increased its stake in Ford Motor by 0.4% in the second quarter. Gainplan LLC now owns 11,072 shares of the auto manufacturer’s stock worth $124,000 after buying an additional 45 shares during the last quarter. 55.23% of the stock is currently owned by institutional investors and hedge funds.
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Ford Motor Company Profile
Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.
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