Charter Research Investment Group buys $1,672,903 stake in Ford Motor Company (F)

Ford Motor Company (F) : Charter Research Investment Group scooped up 4,965 additional shares in Ford Motor Company during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 138,715 shares of Ford Motor Company which is valued at $1,672,903.Ford Motor Company makes up approximately 2.01% of Charter Research Investment Group’s portfolio.

Other Hedge Funds, Including , Amalgamated Bank reduced its stake in F by selling 99,785 shares or 54.69% in the most recent quarter. The Hedge Fund company now holds 82,678 shares of F which is valued at $997,097. Ford Motor Company makes up approx 0.22% of Amalgamated Bank’s portfolio.Blackrock Investment Management reduced its stake in F by selling 14,490 shares or 0.18% in the most recent quarter. The Hedge Fund company now holds 7,879,445 shares of F which is valued at $91,243,973. Ford Motor Company makes up approx 0.11% of Blackrock Investment Management’s portfolio.Diam Ltd. reduced its stake in F by selling 10,725 shares or 3.01% in the most recent quarter. The Hedge Fund company now holds 345,088 shares of F which is valued at $3,996,119. Ford Motor Company makes up approx 0.06% of Diam Ltd.’s portfolio.Gemmer Asset Management reduced its stake in F by selling 95 shares or 6.01% in the most recent quarter. The Hedge Fund company now holds 1,486 shares of F which is valued at $17,698. Ford Motor Company makes up approx 0.01% of Gemmer Asset Management’s portfolio.

Ford Motor Company closed down -0.11 points or -0.93% at $11.76 with 3,06,62,036 shares getting traded on Monday. Post opening the session at $11.87, the shares hit an intraday low of $11.73 and an intraday high of $11.9 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, Ford Motor Company reported $0.26 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Oct 27, 2016. Analyst had a consensus of $0.20. The company had revenue of $33331.00 million for the quarter, compared to analysts expectations of $33404.77 million. The company’s revenue was down -6.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.45 EPS.

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 (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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