Ford Motor Target of Unusually Large Options Trading (F)
Shares of Ford Motor (NYSE:F) was the recipient of some unusual options trading on Wednesday. Stock traders bought 52,159 put options on the stock, American Banking News.com reports. This represents an increase of approximately 239% compared to the average volume of 15,377 put options.
A number of analysts have recently weighed in on F shares. Analysts at TheStreet reiterated a “buy” rating on shares of Ford Motor in a research note to investors on Wednesday. Separately, analysts at JPMorgan Chase & Co. raised their price target on shares of Ford Motor from $21.00 to $23.00 in a research note to investors on Monday. They now have an “overweight” rating on the stock. Finally, analysts at Barclays raised their price target on shares of Ford Motor from $19.00 to $20.00 in a research note to investors on Wednesday, October 16th. They now have an “equal weight” rating on the stock. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and eleven have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $19.59.
Shares of Ford Motor (NYSE:F) traded down 0.45% on Wednesday, hitting $17.52. 45,368,264 shares of the company’s stock traded hands. Ford Motor has a 52-week low of $9.31 and a 52-week high of $17.68. The stock has a 50-day moving average of $16.82 and a 200-day moving average of $15.06. The company has a market cap of $69.023 billion and a P/E ratio of 11.59.
The company also recently announced a quarterly dividend, which is scheduled for Monday, December 2nd. Stockholders of record on Friday, November 1st will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.28%. The ex-dividend date is Wednesday, October 30th.
Ford Motor Company (NYSE:F) operates in the global automotive industry.
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