Short Interest in Ford Motor (F) Increases By 18.8%

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Ford Motor (NYSE:F) was the target of a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 108,861,352 shares, a growth of 18.8% from the January 15th total of 91,654,583 shares. Based on an average trading volume of 49,876,624 shares, the days-to-cover ratio is presently 2.2 days. Approximately 2.8% of the shares of the company are short sold.

Large investors have recently modified their holdings of the company. Howe & Rusling Inc. boosted its stake in shares of Ford Motor by 173.0% in the 4th quarter. Howe & Rusling Inc. now owns 3,631 shares of the auto manufacturer’s stock valued at $28,000 after purchasing an additional 2,301 shares in the last quarter. Lavaca Capital LLC acquired a new stake in shares of Ford Motor in the 4th quarter valued at $32,000. Csenge Advisory Group acquired a new stake in shares of Ford Motor in the 3rd quarter valued at $42,000. Ipswich Investment Management Co. Inc. acquired a new position in Ford Motor during the 4th quarter worth about $37,000. Finally, First Mercantile Trust Co. acquired a new position in Ford Motor during the 4th quarter worth about $39,000. Institutional investors own 54.13% of the company’s stock.

Shares of NYSE:F opened at $8.41 on Thursday. Ford Motor has a 52 week low of $7.41 and a 52 week high of $12.15. The company has a debt-to-equity ratio of 2.80, a quick ratio of 1.07 and a current ratio of 1.19. The firm has a market capitalization of $33.34 billion, a PE ratio of 6.47, a PEG ratio of 0.77 and a beta of 1.04.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, January 23rd. The auto manufacturer reported $0.30 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.30. Ford Motor had a net margin of 2.29% and a return on equity of 14.38%. The company had revenue of $38.70 billion for the quarter, compared to the consensus estimate of $36.83 billion. During the same quarter in the previous year, the company earned $0.39 EPS. The firm’s revenue for the quarter was up .5% compared to the same quarter last year. On average, sell-side analysts forecast that Ford Motor will post 1.2 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, March 1st. Stockholders of record on Thursday, January 31st will be paid a $0.15 dividend. The ex-dividend date is Wednesday, January 30th. This represents a $0.60 annualized dividend and a dividend yield of 7.13%. Ford Motor’s dividend payout ratio is presently 46.15%.

A number of equities research analysts have weighed in on F shares. Seaport Global Securities started coverage on shares of Ford Motor in a research note on Wednesday. They set a “neutral” rating and a $8.46 price target on the stock. They noted that the move was a valuation call. ValuEngine downgraded shares of Ford Motor from a “sell” rating to a “strong sell” rating in a research note on Thursday, February 7th. Zacks Investment Research downgraded shares of Ford Motor from a “buy” rating to a “hold” rating in a research note on Thursday, January 10th. Jefferies Financial Group reiterated a “buy” rating and set a $11.00 price target on shares of Ford Motor in a research note on Tuesday, January 8th. Finally, BMO Capital Markets reiterated a “hold” rating and set a $8.50 price target on shares of Ford Motor in a research note on Monday, January 7th. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and five have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $10.39.

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Ford Motor Company Profile

Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles; and Lincoln luxury vehicles worldwide. Its Automotive segment sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to fleet customers, including commercial fleet customers, daily rental car companies, and governments.

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