Investors Purchase Large Volume of Ford Motor Call Options (NYSE:F)

Ford Motor (NYSE:F) was the target of some unusual options trading on Friday. Stock traders purchased 174,017 call options on the stock. This is an increase of approximately 47% compared to the typical volume of 118,371 call options.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Citigroup increased their price objective on shares of Ford Motor from $16.00 to $18.00 and gave the company a “buy” rating in a report on Thursday, May 2nd. UBS Group increased their target price on Ford Motor from $13.00 to $14.00 and gave the company a “neutral” rating in a research report on Thursday, April 25th. Royal Bank of Canada upped their price target on shares of Ford Motor from $12.00 to $13.00 and gave the company a “sector perform” rating in a research note on Thursday, April 25th. Barclays boosted their target price on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a report on Thursday, April 11th. Finally, Sanford C. Bernstein initiated coverage on shares of Ford Motor in a report on Thursday, May 23rd. They issued an “outperform” rating and a $16.00 price target for the company. One analyst has rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $14.09.

Ford Motor Trading Up 4.2 %

Shares of F opened at $14.03 on Friday. The company has a debt-to-equity ratio of 2.32, a current ratio of 1.17 and a quick ratio of 0.99. The firm has a market capitalization of $56.01 billion, a price-to-earnings ratio of 14.46, a PEG ratio of 0.87 and a beta of 1.62. The company has a 50-day moving average of $12.29 and a 200 day moving average of $12.31. Ford Motor has a 1-year low of $9.63 and a 1-year high of $15.28.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 EPS for the quarter, beating the consensus estimate of $0.42 by $0.07. Ford Motor had a return on equity of 17.63% and a net margin of 2.21%. The firm had revenue of $42.78 billion for the quarter, compared to analyst estimates of $42.93 billion. During the same quarter last year, the firm posted $0.63 earnings per share. The business’s revenue for the quarter was up 3.1% on a year-over-year basis. On average, research analysts expect that Ford Motor will post 2.02 EPS for the current year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 3rd. Stockholders of record on Wednesday, May 8th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 4.28%. The ex-dividend date of this dividend was Tuesday, May 7th. Ford Motor’s payout ratio is 61.86%.

Insider Buying and Selling at Ford Motor

In other Ford Motor news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the company’s stock in a transaction that occurred on Friday, May 24th. The shares were sold at an average price of $12.09, for a total value of $982,119.06. Following the completion of the transaction, the director now directly owns 168,601 shares in the company, valued at $2,038,386.09. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.80% of the stock is currently owned by corporate insiders.

Institutional Trading of Ford Motor

A number of institutional investors have recently modified their holdings of F. Whittier Trust Co. of Nevada Inc. boosted its stake in Ford Motor by 835.9% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 2,059 shares of the auto manufacturer’s stock worth $25,000 after purchasing an additional 1,839 shares in the last quarter. Olistico Wealth LLC acquired a new stake in shares of Ford Motor in the second quarter worth $25,000. Fortis Group Advisors LLC raised its holdings in shares of Ford Motor by 100.0% during the fourth quarter. Fortis Group Advisors LLC now owns 2,172 shares of the auto manufacturer’s stock worth $26,000 after purchasing an additional 1,086 shares during the last quarter. Voisard Asset Management Group Inc. acquired a new position in shares of Ford Motor in the 4th quarter valued at about $27,000. Finally, Financial Synergies Wealth Advisors Inc. boosted its position in Ford Motor by 1,997.9% in the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock worth $27,000 after purchasing an additional 1,938 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors.

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.