Ford Motor (F) Sees Large Growth in Short Interest

Ford Motor (NYSE:F) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 123,632,143 shares, a growth of 2.4% from the November 30th total of 120,716,138 shares. Approximately 3.2% of the company’s shares are short sold. Based on an average daily trading volume, of 39,050,105 shares, the short-interest ratio is presently 3.2 days.

Ford Motor (NYSE F) opened at $12.49 on Tuesday. The stock has a market capitalization of $49,614.05, a price-to-earnings ratio of 11.35, a PEG ratio of 0.65 and a beta of 1.25. The company has a current ratio of 1.19, a quick ratio of 1.08 and a debt-to-equity ratio of 2.94. Ford Motor has a 12-month low of $10.47 and a 12-month high of $13.27.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Thursday, October 26th. The auto manufacturer reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.10. The business had revenue of $33.65 billion for the quarter, compared to the consensus estimate of $32.80 billion. Ford Motor had a return on equity of 21.62% and a net margin of 2.91%. The business’s quarterly revenue was up .9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.26 earnings per share. equities research analysts anticipate that Ford Motor will post 1.81 EPS for the current year.

A number of analysts recently issued reports on the company. Vetr lowered Ford Motor from a “buy” rating to a “hold” rating and set a $12.34 price target for the company. in a report on Wednesday, September 27th. Zacks Investment Research raised shares of Ford Motor from a “hold” rating to a “buy” rating and set a $14.00 price objective for the company in a research note on Tuesday, December 26th. FIG Partners reissued a “hold” rating on shares of Ford Motor in a research note on Monday, October 9th. Royal Bank of Canada reissued a “hold” rating and issued a $14.00 price objective on shares of Ford Motor in a research note on Wednesday, December 20th. Finally, TheStreet raised shares of Ford Motor from a “c+” rating to a “b-” rating in a research note on Thursday, October 5th. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and eight have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $12.56.

In related news, insider Hau N. Thai-Tang sold 19,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 29th. The stock was sold at an average price of $12.50, for a total value of $237,500.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Steven R. Armstrong sold 10,752 shares of the business’s stock in a transaction that occurred on Wednesday, December 6th. The shares were sold at an average price of $12.32, for a total value of $132,464.64. Following the completion of the sale, the insider now owns 101,159 shares of the company’s stock, valued at approximately $1,246,278.88. The disclosure for this sale can be found here. Insiders have sold 51,828 shares of company stock valued at $643,045 in the last 90 days. Company insiders own 1.08% of the company’s stock.

Hedge funds have recently modified their holdings of the company. Donaldson Capital Management LLC increased its position in shares of Ford Motor by 0.3% in the 2nd quarter. Donaldson Capital Management LLC now owns 13,851 shares of the auto manufacturer’s stock valued at $155,000 after acquiring an additional 43 shares during the period. Gainplan LLC increased its position in shares of Ford Motor by 0.4% in the 2nd quarter. Gainplan LLC now owns 11,072 shares of the auto manufacturer’s stock valued at $124,000 after acquiring an additional 45 shares during the period. Coldstream Capital Management Inc. increased its position in shares of Ford Motor by 0.7% in the 2nd quarter. Coldstream Capital Management Inc. now owns 12,205 shares of the auto manufacturer’s stock valued at $137,000 after acquiring an additional 89 shares during the period. Signature Financial Management Inc. increased its position in shares of Ford Motor by 1.2% in the 2nd quarter. Signature Financial Management Inc. now owns 17,569 shares of the auto manufacturer’s stock valued at $197,000 after acquiring an additional 200 shares during the period. Finally, Balentine LLC increased its position in shares of Ford Motor by 4.0% in the 2nd quarter. Balentine LLC now owns 9,462 shares of the auto manufacturer’s stock valued at $106,000 after acquiring an additional 365 shares during the period. 53.61% of the stock is currently owned by institutional investors and hedge funds.

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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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