Investors Purchase Large Volume of Put Options on Ford Motor (F)

Ford Motor Company (NYSE:F) saw unusually large options trading activity on Wednesday. Stock traders bought 18,481 put options on the company. This represents an increase of approximately 196% compared to the average volume of 6,243 put options.

In related news, insider Hau N. Thai-Tang sold 25,000 shares of the stock in a transaction on Wednesday, September 6th. The stock was sold at an average price of $11.50, for a total value of $287,500.00. Following the completion of the transaction, the insider now directly owns 76,358 shares of the company’s stock, valued at approximately $878,117. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP John T. Lawler sold 80,624 shares of the stock in a transaction on Thursday, August 3rd. The shares were sold at an average price of $11.00, for a total value of $886,864.00. Following the completion of the transaction, the vice president now directly owns 10 shares of the company’s stock, valued at $110. The disclosure for this sale can be found here. In the last quarter, insiders have sold 170,624 shares of company stock worth $1,912,964. Company insiders own 1.08% of the company’s stock.

Several hedge funds have recently made changes to their positions in F. Balentine LLC grew its holdings in shares of Ford Motor by 2.6% in the 1st quarter. Balentine LLC now owns 9,097 shares of the auto manufacturer’s stock valued at $106,000 after buying an additional 231 shares during the period. Captrust Financial Advisors acquired a new position in Ford Motor in the 2nd quarter worth $106,000. Archford Capital Strategies LLC boosted its stake in Ford Motor by 7.8% in the 1st quarter. Archford Capital Strategies LLC now owns 9,361 shares of the auto manufacturer’s stock worth $109,000 after purchasing an additional 676 shares during the period. Reilly Financial Advisors LLC boosted its stake in Ford Motor by 1.5% in the 2nd quarter. Reilly Financial Advisors LLC now owns 9,856 shares of the auto manufacturer’s stock worth $110,000 after purchasing an additional 150 shares during the period. Finally, Kelman Lazarov Inc. acquired a new position in Ford Motor in the 2nd quarter worth $116,000. 54.34% of the stock is owned by institutional investors.

Ford Motor (NYSE:F) opened at 11.62 on Friday. Ford Motor has a 12-month low of $10.47 and a 12-month high of $13.27. The firm has a market cap of $46.15 billion, a price-to-earnings ratio of 12.23 and a beta of 1.12. The stock has a 50 day moving average price of $11.03 and a 200-day moving average price of $11.35.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, July 26th. The auto manufacturer reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.13. The firm had revenue of $36.93 billion during the quarter, compared to analysts’ expectations of $37.22 billion. Ford Motor had a net margin of 2.52% and a return on equity of 19.69%. Ford Motor’s revenue was down .5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.52 EPS. Equities analysts forecast that Ford Motor will post $1.75 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, September 1st. Shareholders of record on Monday, July 24th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.16%. The ex-dividend date was Thursday, July 20th. Ford Motor’s payout ratio is 63.16%.

A number of analysts have issued reports on F shares. Jefferies Group LLC reaffirmed a “hold” rating and issued a $12.00 target price on shares of Ford Motor in a research note on Monday, May 22nd. Deutsche Bank AG reaffirmed a “hold” rating and issued a $14.00 target price on shares of Ford Motor in a research note on Wednesday, May 24th. Vetr downgraded Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.45 price objective for the company. in a research report on Wednesday, May 31st. Morgan Stanley raised their price objective on Ford Motor from $9.00 to $10.00 and gave the stock an “underweight” rating in a research report on Friday, June 9th. Finally, Wolfe Research started coverage on Ford Motor in a report on Tuesday, June 13th. They set a “market perform” rating for the company. Three investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eight have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $12.51.

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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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