Blue Bell Private Wealth Management Lowers stake in Ford Motor Company (F)

Ford Motor Company (F) : Blue Bell Private Wealth Management reduced its stake in Ford Motor Company by 45.37% during the most recent quarter end. The investment management company now holds a total of 2,801 shares of Ford Motor Company which is valued at $33,360 after selling 2,326 shares in Ford Motor Company , the firm said in a disclosure report filed with the SEC on Oct 14, 2016.Ford Motor Company makes up approximately 0.02% of Blue Bell Private Wealth Management’s portfolio.

Other Hedge Funds, Including , National Pension Service boosted its stake in F in the latest quarter, The investment management firm added 200,250 additional shares and now holds a total of 2,588,089 shares of Ford Motor Company which is valued at $30,824,140. Ford Motor Company makes up approx 0.25% of National Pension Service’s portfolio.Terra Nova Asset Management reduced its stake in F by selling 9,580 shares or 29.11% in the most recent quarter. The Hedge Fund company now holds 23,335 shares of F which is valued at $279,787. Ford Motor Company makes up approx 0.62% of Terra Nova Asset Management’s portfolio.Culbertson A N Co Inc boosted its stake in F in the latest quarter, The investment management firm added 13,730 additional shares and now holds a total of 141,785 shares of Ford Motor Company which is valued at $1,700,002. Ford Motor Company makes up approx 0.61% of Culbertson A N Co Inc’s portfolio. Searle added F to its portfolio by purchasing 50,300 company shares during the most recent quarter which is valued at $609,636. Ford Motor Company makes up approx 0.53% of Searle’s portfolio.

Ford Motor Company (F) witnessed a volatile trading activity on Friday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $11.96 and reached the intraday high at $12. The bulls started the profit booking and pushed the shares to intraday low of $11.89. The trading session was marked by a volume range of 2,57,75,674 shares exchanging hands. The 52-week high of the shares is $15.84 and the 52-week low is $11.02. The market cap of the company stands at $47,321 M and there are 3,97,32,40,900 shares in public circulation.

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.

Investors should note that on Oct 13, 2016, Ford Motor Company announced a cash dividend of $0.1500. The company’s management has announced Oct 25, 2016 as the ex-dividend date and fixed the record date on Oct 27, 2016. The payable date has been fixed on Dec 1, 2016.

Many Wall Street Analysts have commented on Ford Motor Company. Nomura Initiated Ford Motor Company on Sep 20, 2016 to “Buy”, Price Target of the shares are set at $14.Ford Motor Company was Downgraded by Buckingham Research to ” Neutral” on Sep 20, 2016. Ford Motor Company was Initiated by Seaport Global Securities to “Buy” on Aug 9, 2016.

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.

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