Ford Motor Target of Unusually High Options Trading (NYSE:F)

Ford Motor Company (NYSE:F) was the target of some unusual options trading on Tuesday. Stock traders purchased 123,232 put options on the company. This represents an increase of approximately 17% compared to the average daily volume of 105,559 put options.

Analysts Set New Price Targets

Several equities research analysts have weighed in on F shares. Evercore ISI increased their target price on Ford Motor from $12.00 to $14.00 and gave the stock an “in-line” rating in a research report on Monday, December 22nd. TD Cowen upped their price target on shares of Ford Motor from $13.00 to $15.00 and gave the stock a “hold” rating in a research report on Tuesday, January 13th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Ford Motor in a research report on Monday, December 22nd. UBS Group boosted their target price on shares of Ford Motor from $12.50 to $15.00 and gave the company a “neutral” rating in a research note on Wednesday, January 14th. Finally, Morgan Stanley upped their target price on shares of Ford Motor from $11.00 to $14.00 and gave the stock an “equal weight” rating in a research report on Monday, December 8th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Ford Motor currently has a consensus rating of “Hold” and a consensus price target of $13.19.

Hedge Funds Weigh In On Ford Motor

Several hedge funds have recently modified their holdings of the company. Trust Co. of Toledo NA OH bought a new position in Ford Motor during the second quarter valued at about $25,000. Corsicana & Co. bought a new position in shares of Ford Motor during the 3rd quarter valued at about $25,000. Grove Bank & Trust grew its stake in shares of Ford Motor by 110.7% in the 4th quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock worth $25,000 after purchasing an additional 1,000 shares during the last quarter. Olistico Wealth LLC acquired a new position in shares of Ford Motor in the 4th quarter worth approximately $26,000. Finally, Country Trust Bank bought a new stake in shares of Ford Motor in the 2nd quarter worth approximately $27,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Stock Up 3.6%

Ford Motor stock opened at $13.93 on Wednesday. Ford Motor has a 52 week low of $8.44 and a 52 week high of $14.50. The company has a current ratio of 1.12, a quick ratio of 0.98 and a debt-to-equity ratio of 2.20. The stock has a market cap of $55.50 billion, a price-to-earnings ratio of 12.01, a PEG ratio of 5.63 and a beta of 1.62. The company’s 50-day moving average price is $13.41 and its two-hundred day moving average price is $12.45.

Ford Motor Company Profile

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.