Counsel Portfolio Services buys $11.4 Million stake in Ford Motor Company (F)

Ford Motor Company (F) : Counsel Portfolio Services scooped up 384,271 additional shares in Ford Motor Company during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 12, 2016. The investment management firm now holds a total of 860,621 shares of Ford Motor Company which is valued at $11.4 Million.Ford Motor Company makes up approximately 1.12% of Counsel Portfolio Services’s portfolio.

Other Hedge Funds, Including , Lazard Asset Management boosted its stake in F in the latest quarter, The investment management firm added 2,370 additional shares and now holds a total of 9,170 shares of Ford Motor Company which is valued at $121,227.North Star Asset Management Inc boosted its stake in F in the latest quarter, The investment management firm added 500 additional shares and now holds a total of 32,545 shares of Ford Motor Company which is valued at $437,405. Ford Motor Company makes up approx 0.05% of North Star Asset Management Inc’s portfolio. Amica Pension Fund Board Of Trustees sold out all of its stake in F during the most recent quarter. The investment firm sold 79,179 shares of F which is valued $1.1 Million.Tci Wealth Advisors boosted its stake in F in the latest quarter, The investment management firm added 3,115 additional shares and now holds a total of 9,958 shares of Ford Motor Company which is valued at $135,030. Ford Motor Company makes up approx 0.07% of Tci Wealth Advisors’s portfolio.

Ford Motor Company opened for trading at $13.15 and hit $13.26 on the upside on Friday, eventually ending the session at $13.19, with a gain of 0.76% or 0.1 points. The heightened volatility saw the trading volume jump to 1,94,65,010 shares. Company has a market cap of $52,402 M.

On the company’s financial health, Ford Motor Company reported $0.68 EPS for the quarter, beating the analyst consensus estimate by $ 0.21 according to the earnings call on Apr 28, 2016. Analyst had a consensus of $0.47. The company had revenue of $35257.00 million for the quarter, compared to analysts expectations of $35840.24 million. The company’s revenue was up 10.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.23 EPS.

Many Wall Street Analysts have commented on Ford Motor Company. Ford Motor Company was Downgraded by BofA/Merrill to ” Neutral” on Apr 29, 2016. Shares were Reiterated by UBS on Apr 29, 2016 to “Buy” and Lowered the Price Target to $ 20 from a previous price target of $22 .Company shares were Reiterated by RBC Capital Mkts on Apr 29, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 15 from a previous price target of $14 .

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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