Ford Motor Company (F) : Qcm Cayman Ltd. added new position in Ford Motor Company during the most recent quarter end. The investment management firm now holds 65,863 shares of Ford Motor Company which is valued at $812,091 , the company said in a statement filed on Aug 15, 2016 with the SEC.Ford Motor Company makes up approximately 0.96% of Qcm Cayman Ltd.’s portfolio.
Other Hedge Funds, Including , Ep Wealth Advisors sold out all of its stake in F during the most recent quarter. The investment firm sold 13,403 shares of F which is valued $165,259.Bluestein R H Co reduced its stake in F by selling 106,286 shares or 5.36% in the most recent quarter. The Hedge Fund company now holds 1,877,928 shares of F which is valued at $23,154,852. Ford Motor Company makes up approx 1.72% of Bluestein R H Co’s portfolio.Armstrong Shaw Associates Incct reduced its stake in F by selling 534 shares or 0.09% in the most recent quarter. The Hedge Fund company now holds 586,094 shares of F which is valued at $7,214,817. Ford Motor Company makes up approx 1.76% of Armstrong Shaw Associates Incct’s portfolio.Barnett Company reduced its stake in F by selling 4,500 shares or 13.48% in the most recent quarter. The Hedge Fund company now holds 28,890 shares of F which is valued at $352,169. Ford Motor Company makes up approx 0.19% of Barnett Company’s portfolio.E&g Advisors Lp reduced its stake in F by selling 4,255 shares or 7.04% in the most recent quarter. The Hedge Fund company now holds 56,185 shares of F which is valued at $777,600. Ford Motor Company makes up approx 0.46% of E&g Advisors Lp’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.