Susquehanna International Group Llp Lowers stake in Ford Motor Company (F)

Ford Motor Company (F) : Susquehanna International Group Llp reduced its stake in Ford Motor Company by 56.68% during the most recent quarter end. The investment management company now holds a total of 9,942,603 shares of Ford Motor Company which is valued at $131.4 Million after selling 13,008,293 shares in Ford Motor Company , the firm said in a disclosure report filed with the SEC on May 13, 2016.Ford Motor Company makes up approximately 0.42% of Susquehanna International Group Llp’s portfolio.

Other Hedge Funds, Including , Ajo Lp added F to its portfolio by purchasing 1,199,188 company shares during the most recent quarter which is valued at $15.9 Million. Ford Motor Company makes up approx 0.07% of Ajo Lp’s portfolio. Group One Trading sold out all of its stake in F during the most recent quarter. The investment firm sold 47,328 shares of F which is valued $625,676.White Pine Investment Co reduced its stake in F by selling 17,950 shares or 3.63% in the most recent quarter. The Hedge Fund company now holds 476,405 shares of F which is valued at $6.3 Million. Ford Motor Company makes up approx 3.86% of White Pine Investment Co’s portfolio.Whittier Trust Co Of Nevada Inc reduced its stake in F by selling 74,103 shares or 45.11% in the most recent quarter. The Hedge Fund company now holds 90,174 shares of F which is valued at $1.2 Million. Ford Motor Company makes up approx 0.14% of Whittier Trust Co Of Nevada Inc’s portfolio.Dowling Yahnke boosted its stake in F in the latest quarter, The investment management firm added 6,498 additional shares and now holds a total of 71,606 shares of Ford Motor Company which is valued at $970,977. Ford Motor Company makes up approx 0.12% of Dowling Yahnke’s portfolio.

Ford Motor Company opened for trading at $13.33 and hit $13.6 on the upside on Wednesday, eventually ending the session at $13.52, with a gain of 1.73% or 0.23 points. The heightened volatility saw the trading volume jump to 2,62,35,576 shares. Company has a market cap of $53,713 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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