Ford Motor Target of Unusually Large Options Trading (F)
Ford Motor Company (NYSE:F) was the recipient of some unusual options trading activity on Monday. Traders acquired 17,842 put options on the stock. This represents an increase of approximately 122% compared to the typical daily volume of 8,031 put options.
In other news, insider James D. Farley, Jr. sold 25,000 shares of the firm’s stock in a transaction on 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 owns 428,411 shares in the company, valued at approximately $4,781,066.76. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 1.08% of the company’s stock.
A number of hedge funds and other institutional investors have recently bought and sold shares of F. Balentine LLC increased its position in Ford Motor by 2.6% in the first quarter. Balentine LLC now owns 9,097 shares of the auto manufacturer’s stock valued at $106,000 after buying an additional 231 shares in the last quarter. Archford Capital Strategies LLC increased its position in Ford Motor by 7.8% in the first quarter. Archford Capital Strategies LLC now owns 9,361 shares of the auto manufacturer’s stock valued at $109,000 after buying an additional 676 shares in the last quarter. Reilly Financial Advisors LLC increased its position in Ford Motor by 1.5% in the second quarter. Reilly Financial Advisors LLC now owns 9,856 shares of the auto manufacturer’s stock valued at $110,000 after buying an additional 150 shares in the last quarter. Puplava Financial Services Inc. bought a new position in Ford Motor during the first quarter valued at approximately $116,000. Finally, TNB Financial bought a new position in Ford Motor during the first quarter valued at approximately $119,000. 55.50% of the stock is currently owned by institutional investors.
Several analysts have recently weighed in on F shares. Tigress Financial restated a “buy” rating on shares of Ford Motor in a research report on Thursday, March 30th. Vetr cut 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 research report on Wednesday, May 31st. Royal Bank Of Canada restated a “buy” rating and set a $14.00 price objective on shares of Ford Motor in a research report on Monday, May 15th. Nomura restated a “buy” rating and set a $14.80 price objective on shares of Ford Motor in a research report on Tuesday, May 2nd. Finally, Bank of America Corporation restated a “buy” rating and set a $12.50 price objective (down previously from $14.00) on shares of Ford Motor in a research report on Friday, June 16th. Three analysts have rated the stock with a sell rating, eleven have given a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $13.43.
Shares of Ford Motor (NYSE:F) opened at 11.06 on Thursday. Ford Motor has a 52 week low of $10.67 and a 52 week high of $13.27. The company has a market cap of $44.04 billion, a price-to-earnings ratio of 11.78 and a beta of 1.11. The stock’s 50 day moving average is $11.31 and its 200-day moving average is $11.72.
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 Thomson Reuters’ consensus estimate of $0.43 by $0.13. The company had revenue of $36.93 billion for the quarter, compared to the consensus estimate of $37.22 billion. Ford Motor had a net margin of 2.48% and a return on equity of 19.36%. The firm’s revenue was down .5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.52 EPS. On average, equities analysts anticipate that Ford Motor will post $1.51 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Friday, September 1st. Investors of record on Monday, July 24th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.42%. The ex-dividend date of this dividend is Thursday, July 20th. Ford Motor’s dividend payout ratio is presently 64.52%.
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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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