Ford Motor Company (F) : Park Avenue Institutional Advisers scooped up 29 additional shares in Ford Motor Company during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 24,583 shares of Ford Motor Company which is valued at $303,108.Ford Motor Company makes up approximately 0.25% of Park Avenue Institutional Advisers’s portfolio.
Other Hedge Funds, Including , Brandywine Global Investment Management boosted its stake in F in the latest quarter, The investment management firm added 518,475 additional shares and now holds a total of 2,209,505 shares of Ford Motor Company which is valued at $27,243,197. Ford Motor Company makes up approx 0.17% of Brandywine Global Investment Management’s portfolio.Wespac Advisors Socal boosted its stake in F in the latest quarter, The investment management firm added 1 additional shares and now holds a total of 6,103 shares of Ford Motor Company which is valued at $75,250. Ford Motor Company makes up approx 0.05% of Wespac Advisors Socal’s portfolio. Trexquant Investment Lp added F to its portfolio by purchasing 50,000 company shares during the most recent quarter which is valued at $616,500. Ford Motor Company makes up approx 0.08% of Trexquant Investment Lp’s portfolio.S&co Inc reduced its stake in F by selling 500 shares or 0.19% in the most recent quarter. The Hedge Fund company now holds 258,240 shares of F which is valued at $3,574,042. Ford Motor Company makes up approx 0.53% of S&co Inc’s portfolio.
Ford Motor Company closed down -0.16 points or -1.27% at $12.44 with 4,05,10,406 shares getting traded on Thursday. Post opening the session at $12.66, the shares hit an intraday low of $12.35 and an intraday high of $12.72 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
On the company’s financial health, Ford Motor Company reported $0.52 EPS for the quarter, missing the analyst consensus estimate by $ -0.08 based on the information available during the earnings call on Jul 28, 2016. Analyst had a consensus of $0.60. The company had revenue of $37000.00 million for the quarter, compared to analysts expectations of $36279.44 million. The company’s revenue was up 5.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.47 EPS.
Many Wall Street Analysts have commented on Ford Motor Company. Ford Motor Company was Initiated by Seaport Global Securities to “Buy” on Aug 9, 2016. Jefferies Initiated Ford Motor Company on Aug 9, 2016 to “Underperform”, Price Target of the shares are set at $10.Shares were Downgraded by Goldman on Jul 29, 2016 to ” Neutral” and Lowered the Price Target to $ 13 from a previous price target of $15 .
Ford Motor Company (Ford) manufactures or distributes automobiles across six continents. The Company operates in two sectors: Automotive and Financial Services. Automotive sector includes North America South America Europe Middle East & Africa and Asia Pacific segments. Financial Services sector includes Ford Motor Credit Company and Other Financial Services segments. Its automotive brands include Ford and Lincoln. Other Financial Services includes a range of businesses including holding companies and real estate-related activities. The Company has around 62 plants across the world. Through its wholly owned subsidiary Ford Motor Credit Company LLC it provides automotive financing products to and through automotive dealers throughout the world.