Guardian Life Insurance Co Of America Lowers stake in Ford Motor Company (F)

Ford Motor Company (F) : Guardian Life Insurance Co Of America reduced its stake in Ford Motor Company by 0.18% during the most recent quarter end. The investment management company now holds a total of 14,593 shares of Ford Motor Company which is valued at $175,992 after selling 27 shares in Ford Motor Company , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.Ford Motor Company makes up approximately 0.03% of Guardian Life Insurance Co Of America’s portfolio.

Other Hedge Funds, Including , Arrowstreet Capital Limited Partnership boosted its stake in F in the latest quarter, The investment management firm added 3,405,192 additional shares and now holds a total of 3,425,992 shares of Ford Motor Company which is valued at $41,317,464. Ford Motor Company makes up approx 0.14% of Arrowstreet Capital Limited Partnership’s portfolio. Newfound Research added F to its portfolio by purchasing 123 company shares during the most recent quarter which is valued at $1,424.First Personal Financial Services reduced its stake in F by selling 511 shares or 26.74% in the most recent quarter. The Hedge Fund company now holds 1,400 shares of F which is valued at $16,212.Clarivest Asset Management reduced its stake in F by selling 24,109 shares or 45.24% in the most recent quarter. The Hedge Fund company now holds 29,185 shares of F which is valued at $337,962. Ford Motor Company makes up approx 0.01% of Clarivest 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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