Ford Motor (NYSE:F) Short Interest Update

Ford Motor (NYSE:F) was the recipient of a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 94,090,000 shares, a decrease of 6.4% from the November 15th total of 100,500,000 shares. Approximately 2.4% of the company’s stock are short sold. Based on an average daily trading volume, of 52,990,000 shares, the short-interest ratio is presently 1.8 days.

Wall Street Analyst Weigh In

F has been the subject of a number of research analyst reports. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $10.00 price target on shares of Ford Motor in a report on Tuesday, October 29th. Morgan Stanley downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $16.00 to $12.00 in a report on Wednesday, September 25th. The Goldman Sachs Group raised Ford Motor from a “neutral” rating to a “buy” rating and upped their price target for the company from $12.00 to $13.00 in a report on Tuesday, October 1st. Deutsche Bank Aktiengesellschaft lowered their price target on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a report on Wednesday, October 30th. Finally, Wells Fargo & Company decreased their price objective on Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a report on Tuesday, September 10th. Four analysts have rated the stock with a sell rating, eight have issued a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $11.83.

Institutional Investors Weigh In On Ford Motor

Hedge funds have recently modified their holdings of the stock. Charles Schwab Investment Management Inc. raised its position in Ford Motor by 4.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 122,609,058 shares of the auto manufacturer’s stock worth $1,294,752,000 after acquiring an additional 5,270,562 shares in the last quarter. Geode Capital Management LLC raised its position in Ford Motor by 1.7% in the third quarter. Geode Capital Management LLC now owns 81,989,157 shares of the auto manufacturer’s stock worth $863,009,000 after acquiring an additional 1,336,676 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Ford Motor by 27.4% in the second quarter. Dimensional Fund Advisors LP now owns 36,190,972 shares of the auto manufacturer’s stock worth $453,732,000 after acquiring an additional 7,793,944 shares in the last quarter. Legal & General Group Plc increased its position in shares of Ford Motor by 1.0% in the second quarter. Legal & General Group Plc now owns 31,823,353 shares of the auto manufacturer’s stock valued at $399,066,000 after buying an additional 318,715 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Ford Motor by 2.7% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 24,347,303 shares of the auto manufacturer’s stock valued at $257,108,000 after buying an additional 636,330 shares in the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

Ford Motor Price Performance

Shares of NYSE F opened at $9.97 on Wednesday. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. The stock has a fifty day moving average price of $10.83 and a 200 day moving average price of $11.28. Ford Motor has a 1-year low of $9.49 and a 1-year high of $14.85. The company has a market cap of $39.60 billion, a PE ratio of 11.32, a P/E/G ratio of 1.90 and a beta of 1.62.

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

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 7th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 6.02%. The ex-dividend date was Thursday, November 7th. Ford Motor’s dividend payout ratio is presently 68.18%.

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.