Shine Investment Advisory Services Inc Exits Position in FORD MOTOR COM (F)

FORD MOTOR COM (F) : Shine Investment Advisory Services Inc has sold out all of its stake in FORD MOTOR COM during the most recent quarter, according to the disclosure filed by the company on Apr 21, 2016 with the SEC. The investment management company has sold out 17,241 shares of FORD MOTOR COM which is valued at $234,650.

FORD MOTOR COM opened for trading at $13.64 and hit $13.71 on the upside on Wednesday, eventually ending the session at $13.66, with a gain of 0.44% or 0.06 points. The heightened volatility saw the trading volume jump to 2,71,51,410 shares. Company has a market cap of $54,224 M.

Other Hedge Funds, Including , Oliver Luxxe Assets boosted its stake in F in the latest quarter, The investment management firm added 122,625 additional shares and now holds a total of 134,647 shares of FORD MOTOR COM which is valued at $1,832,546. FORD MOTOR COM makes up approx 1.84% of Oliver Luxxe Assets’s portfolio.Sigma Planning Corp boosted its stake in F in the latest quarter, The investment management firm added 38,539 additional shares and now holds a total of 511,205 shares of FORD MOTOR COM which is valued at $6,957,500. FORD MOTOR COM makes up approx 0.94% of Sigma Planning Corp’s portfolio. Financial Investment Management Group Ltd sold out all of its stake in F during the most recent quarter. The investment firm sold 10,132 shares of F which is valued $131,108.

On the company’s financial health, FORD MOTOR COM reported $0.58 EPS for the quarter, beating the analyst consensus estimate by $ 0.07 according to the earnings call on Jan 28, 2016. Analyst had a consensus of $0.51. The company had revenue of $37900.00 million for the quarter, compared to analysts expectations of $36272.46 million. The company’s revenue was up 12.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.26 EPS.

Many Wall Street Analysts have commented on FORD MOTOR COM. Credit Suisse Downgraded FORD MOTOR COM on Feb 24, 2016 to ” Underperform”, Price Target of the shares are set at $13.Shares were Reiterated by Barclays on Jan 25, 2016 to “Equal Weight” and Lowered the Price Target to $ 14 from a previous price target of $16 .

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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