Short Interest in Ford Motor (F) Rises By 7.1%

Ford Motor (NYSE:F) was the recipient of a significant growth in short interest in March. As of March 15th, there was short interest totalling 134,040,465 shares, a growth of 7.1% from the February 28th total of 125,117,036 shares. Approximately 3.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 46,627,346 shares, the short-interest ratio is presently 2.9 days.

A number of analysts recently weighed in on F shares. Vetr cut shares of Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.00 target price for the company. in a report on Monday, January 29th. Cascend Securities cut shares of Ford Motor to a “buy” rating in a report on Tuesday, December 5th. Zacks Investment Research upgraded shares of Ford Motor from a “hold” rating to a “buy” rating and set a $14.00 target price for the company in a report on Tuesday, December 26th. Royal Bank of Canada restated a “hold” rating and set a $14.00 target price on shares of Ford Motor in a report on Wednesday, December 20th. Finally, Susquehanna Bancshares set a $12.00 price objective on shares of Ford Motor and gave the stock a “hold” rating in a research note on Wednesday, March 14th. Two investment analysts have rated the stock with a sell rating, sixteen have given a hold rating and six have assigned a buy rating to the company. Ford Motor currently has an average rating of “Hold” and a consensus price target of $12.42.

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Ford Motor stock opened at $11.08 on Monday. Ford Motor has a 52 week low of $10.14 and a 52 week high of $13.48. The company has a debt-to-equity ratio of 2.94, a current ratio of 1.23 and a quick ratio of 1.12. The company has a market capitalization of $44,024.73, a P/E ratio of 6.22, a PEG ratio of 0.67 and a beta of 1.12.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, January 24th. The auto manufacturer reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.03). Ford Motor had a return on equity of 21.71% and a net margin of 4.85%. The firm had revenue of $38.50 billion during the quarter, compared to analyst estimates of $36.96 billion. During the same period in the prior year, the business posted $0.30 EPS. The company’s revenue for the quarter was up 6.9% on a year-over-year basis. equities analysts forecast that Ford Motor will post 1.55 EPS for the current year.

In related news, insider Hau N. Thai-Tang sold 18,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 4th. The shares were sold at an average price of $13.00, for a total transaction of $234,000.00. Following the completion of the sale, the insider now directly owns 14,358 shares in the company, valued at $186,654. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Ashwani Kumar Galhotra sold 31,415 shares of the firm’s stock in a transaction that occurred on Friday, March 2nd. The stock was sold at an average price of $10.34, for a total transaction of $324,831.10. The disclosure for this sale can be found here. Insiders have sold 503,675 shares of company stock valued at $5,246,794 over the last 90 days. 1.08% of the stock is currently owned by insiders.

Hedge funds have recently added to or reduced their stakes in the business. Winslow Evans & Crocker Inc. lifted its position in Ford Motor by 136.1% in the 4th quarter. Winslow Evans & Crocker Inc. now owns 8,500 shares of the auto manufacturer’s stock worth $106,000 after buying an additional 4,900 shares in the last quarter. Wealthcare Advisory Partners LLC purchased a new stake in Ford Motor in the 3rd quarter worth approximately $124,000. Certified Advisory Corp purchased a new stake in Ford Motor in the 4th quarter worth approximately $124,000. Cedar Capital LLC purchased a new stake in Ford Motor in the 4th quarter worth approximately $126,000. Finally, Personal Capital Advisors Corp purchased a new stake in Ford Motor in the 4th quarter worth approximately $128,000. Institutional investors own 56.59% of the company’s stock.

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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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