Ford Motor Company (F) : Armstrong Shaw Associates Incct reduced its stake in Ford Motor Company by 0.09% during the most recent quarter end. The investment management company now holds a total of 586,094 shares of Ford Motor Company which is valued at $7,214,817 after selling 534 shares in Ford Motor Company , the firm said in a disclosure report filed with the SEC on Aug 8, 2016.Ford Motor Company makes up approximately 1.76% of Armstrong Shaw Associates Incct’s portfolio.
Other Hedge Funds, Including , Genovese Burford Brothers Wealth Retirement Plan Mana… reduced its stake in F by selling 404 shares or 11.37% in the most recent quarter. The Hedge Fund company now holds 3,148 shares of F which is valued at $38,752. Ford Motor Company makes up approx 0.02% of Genovese Burford Brothers Wealth Retirement Plan Mana…’s portfolio. Quantbot Technologies Lp added F to its portfolio by purchasing 148,898 company shares during the most recent quarter which is valued at $1,806,133. Ford Motor Company makes up approx 0.19% of Quantbot Technologies Lp’s portfolio.Horrell Capital Management reduced its stake in F by selling 5,200 shares or 83.87% in the most recent quarter. The Hedge Fund company now holds 1,000 shares of F which is valued at $13,840. Ford Motor Company makes up approx 0.01% of Horrell Capital Management’s portfolio.
Ford Motor Company opened for trading at $12.37 and hit $12.44 on the upside on Monday, eventually ending the session at $12.43, with a gain of 0.81% or 0.1 points. The heightened volatility saw the trading volume jump to 1,63,71,100 shares. Company has a market cap of $49,387 M.
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.