Ford Motor (NYSE:F) Sees Significant Drop in Short Interest

Ford Motor (NYSE:F) was the recipient of a significant decrease in short interest in August. As of August 31st, there was short interest totalling 87,160,000 shares, a decrease of 15.8% from the August 15th total of 103,470,000 shares. Approximately 2.2% of the company’s stock are sold short. Based on an average daily volume of 58,950,000 shares, the short-interest ratio is currently 1.5 days.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Newbridge Financial Services Group Inc. lifted its stake in Ford Motor by 13.5% in the second quarter. Newbridge Financial Services Group Inc. now owns 13,019 shares of the auto manufacturer’s stock valued at $163,000 after acquiring an additional 1,550 shares during the last quarter. Bluefin Capital Management LLC bought a new stake in shares of Ford Motor in the 2nd quarter valued at about $291,000. SS&H Financial Advisors Inc. grew its holdings in Ford Motor by 23.1% during the second quarter. SS&H Financial Advisors Inc. now owns 36,250 shares of the auto manufacturer’s stock worth $454,000 after purchasing an additional 6,800 shares during the period. Sanctuary Advisors LLC bought a new stake in Ford Motor in the second quarter valued at approximately $7,459,000. Finally, Strategic Investment Solutions Inc. IL acquired a new position in shares of Ford Motor in the second quarter valued at $124,000. 58.74% of the stock is currently owned by institutional investors.

Ford Motor Trading Up 1.4 %

Shares of F stock traded up $0.15 during trading hours on Monday, reaching $10.84. The company had a trading volume of 24,729,258 shares, compared to its average volume of 53,957,336. The company has a debt-to-equity ratio of 2.30, a current ratio of 1.17 and a quick ratio of 1.00. Ford Motor has a 1-year low of $9.49 and a 1-year high of $14.85. The company has a 50 day moving average of $11.47 and a 200 day moving average of $12.09. The firm has a market cap of $43.28 billion, a price-to-earnings ratio of 11.12, a P/E/G ratio of 0.76 and a beta of 1.62.

Ford Motor (NYSE:F) last released its quarterly earnings data on Wednesday, July 24th. The auto manufacturer reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.21). The firm had revenue of $47.81 billion during the quarter, compared to the consensus estimate of $47.79 billion. Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. Ford Motor’s quarterly revenue was up 6.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.72 EPS. On average, equities research analysts anticipate that Ford Motor will post 1.88 EPS for the current year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 7th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.54%. The ex-dividend date of this dividend was Wednesday, August 7th. Ford Motor’s payout ratio is currently 61.86%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Wells Fargo & Company cut their price objective on Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a research note on Tuesday, September 10th. Evercore ISI raised shares of Ford Motor to a “hold” rating in a report on Friday, July 26th. Sanford C. Bernstein assumed coverage on shares of Ford Motor in a research report on Thursday, May 23rd. They set an “outperform” rating and a $16.00 target price for the company. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $11.00 price objective on shares of Ford Motor in a research note on Tuesday, September 10th. Finally, Wolfe Research started coverage on Ford Motor in a research note on Thursday, September 5th. They set a “peer perform” rating for the company. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $12.95.

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.