Ford Motor (F) Sees Large Increase 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. Based on an average daily trading volume, of 39,050,105 shares, the short-interest ratio is presently 3.2 days. Currently, 3.2% of the shares of the company are sold short.

In related news, insider Steven R. Armstrong sold 10,752 shares of the business’s stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $12.32, for a total transaction of $132,464.64. Following the completion of the transaction, the insider now directly owns 101,159 shares in the company, valued at $1,246,278.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Hau N. Thai-Tang sold 19,000 shares of the business’s stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $12.50, for a total transaction of $237,500.00. The disclosure for this sale can be found here. Insiders own 1.08% of the company’s stock.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its stake in shares of Ford Motor by 1.0% during the second quarter. Vanguard Group Inc. now owns 264,421,059 shares of the auto manufacturer’s stock worth $2,958,871,000 after purchasing an additional 2,491,009 shares in the last quarter. BlackRock Inc. increased its stake in shares of Ford Motor by 2.4% during the second quarter. BlackRock Inc. now owns 234,567,920 shares of the auto manufacturer’s stock worth $2,624,814,000 after purchasing an additional 5,562,630 shares in the last quarter. Franklin Resources Inc. increased its stake in shares of Ford Motor by 5.7% during the second quarter. Franklin Resources Inc. now owns 87,703,958 shares of the auto manufacturer’s stock worth $981,407,000 after purchasing an additional 4,706,379 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Ford Motor by 1.0% during the third quarter. Dimensional Fund Advisors LP now owns 39,609,473 shares of the auto manufacturer’s stock worth $474,123,000 after purchasing an additional 410,123 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its stake in shares of Ford Motor by 7.6% during the third quarter. Bank of New York Mellon Corp now owns 35,817,086 shares of the auto manufacturer’s stock worth $428,730,000 after purchasing an additional 2,518,396 shares in the last quarter. 53.61% of the stock is owned by institutional investors.

Ford Motor (NYSE F) opened at $12.98 on Friday. Ford Motor has a fifty-two week low of $10.47 and a fifty-two week high of $13.22. The company has a debt-to-equity ratio of 2.94, a current ratio of 1.19 and a quick ratio of 1.08. The firm has a market cap of $51,560.00, a price-to-earnings ratio of 11.80, a price-to-earnings-growth ratio of 0.78 and a beta of 1.26.

Ford Motor (NYSE:F) last released its quarterly earnings data on Thursday, October 26th. The auto manufacturer reported $0.43 earnings per share for the quarter, beating analysts’ consensus estimates of $0.33 by $0.10. Ford Motor had a net margin of 2.91% and a return on equity of 21.62%. The company had revenue of $33.65 billion during the quarter, compared to analysts’ expectations of $32.80 billion. During the same quarter in the previous year, the company earned $0.26 earnings per share. The firm’s revenue for the quarter was up .9% on a year-over-year basis. equities research analysts expect that Ford Motor will post 1.81 EPS for the current fiscal year.

A number of research analysts recently issued reports on the stock. Zacks Investment Research downgraded shares of Ford Motor from a “buy” rating to a “hold” rating in a research report on Tuesday. Royal Bank of Canada restated a “hold” rating and set a $14.00 target price on shares of Ford Motor in a research report on Wednesday, December 20th. Cascend Securities downgraded shares of Ford Motor to a “buy” rating in a research report on Tuesday, December 5th. ValuEngine upgraded shares of Ford Motor from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Finally, Morgan Stanley restated an “equal weight” rating on shares of Ford Motor in a research report on Tuesday, November 28th. Two analysts have rated the stock with a sell rating, fourteen have given a hold rating and seven have assigned a buy rating to the company’s stock. Ford Motor has a consensus rating of “Hold” and a consensus price target of $12.56.

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About Ford Motor

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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