Short Interest in Ford Motor (NYSE:F) Decreases By 5.3%

Ford Motor (NYSE:F) was the recipient of a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 100,500,000 shares, a drop of 5.3% from the October 31st total of 106,070,000 shares. Currently, 2.6% of the company’s stock are sold short. Based on an average daily trading volume, of 52,460,000 shares, the short-interest ratio is currently 1.9 days.

Wall Street Analysts Forecast Growth

F has been the topic of a number of research reports. Sanford C. Bernstein lowered Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective on the stock. in a research report on Thursday, November 7th. Deutsche Bank Aktiengesellschaft reduced their price objective on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a report on Wednesday, October 30th. Wells Fargo & Company decreased their price target on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a research note on Tuesday, September 10th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $10.00 target price on shares of Ford Motor in a research report on Tuesday, October 29th. Finally, The Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and upped their price objective for the company from $12.00 to $13.00 in a report on Tuesday, October 1st. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $12.02.

Ford Motor Stock Down 1.3 %

Ford Motor stock opened at $10.98 on Tuesday. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34. The stock has a market capitalization of $43.64 billion, a price-to-earnings ratio of 12.48, a PEG ratio of 2.03 and a beta of 1.62. The stock has a 50 day moving average of $10.86 and a two-hundred day moving average of $11.41.

Ford Motor (NYSE:F) last issued its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The firm had revenue of $46.20 billion for the quarter, compared to analysts’ expectations of $45.13 billion. During the same quarter last year, the company posted $0.39 earnings per share. Ford Motor’s revenue was up 5.5% on a year-over-year basis. As a group, research analysts expect that Ford Motor will post 1.81 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th were issued a dividend of $0.15 per share. The ex-dividend date was Thursday, November 7th. This represents a $0.60 annualized dividend and a yield of 5.46%. Ford Motor’s dividend payout ratio is presently 68.18%.

Hedge Funds Weigh In On Ford Motor

Several institutional investors and hedge funds have recently modified their holdings of F. Insight Wealth Partners LLC boosted its position in Ford Motor by 1.9% during the second quarter. Insight Wealth Partners LLC now owns 44,144 shares of the auto manufacturer’s stock valued at $554,000 after acquiring an additional 843 shares during the last quarter. Pallas Capital Advisors LLC lifted its position in Ford Motor by 2.9% in the second quarter. Pallas Capital Advisors LLC now owns 29,850 shares of the auto manufacturer’s stock valued at $374,000 after purchasing an additional 846 shares during the last quarter. Meridian Financial Partners LLC lifted its stake in shares of Ford Motor by 1.1% in the 3rd quarter. Meridian Financial Partners LLC now owns 85,471 shares of the auto manufacturer’s stock valued at $903,000 after purchasing an additional 953 shares during the period. Insight Advisors LLC PA raised its holdings in Ford Motor by 1.6% in the 2nd quarter. Insight Advisors LLC PA now owns 61,942 shares of the auto manufacturer’s stock worth $777,000 after acquiring an additional 962 shares during the last quarter. Finally, Apollon Wealth Management LLC increased its holdings in Ford Motor by 1.1% during the third quarter. Apollon Wealth Management LLC now owns 92,950 shares of the auto manufacturer’s stock valued at $982,000 after buying an additional 969 shares during the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

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.