Founders Financial Securities buys $3,278,595 stake in Ford Motor Company (F)

Ford Motor Company (F) : Founders Financial Securities scooped up 3,738 additional shares in Ford Motor Company during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 11, 2016. The investment management firm now holds a total of 253,369 shares of Ford Motor Company which is valued at $3,278,595.Ford Motor Company makes up approximately 1.53% of Founders Financial Securities’s portfolio.

Ford Motor Company closed down -0.15 points or -1.15% at $12.94 with 2,29,86,147 shares getting traded on Friday. Post opening the session at $13.1, the shares hit an intraday low of $12.85 and an intraday high of $13.12 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Other Hedge Funds, Including , Eagle Asset Management Inc boosted its stake in F in the latest quarter, The investment management firm added 191,986 additional shares and now holds a total of 470,679 shares of Ford Motor Company which is valued at $5,958,796. Ford Motor Company makes up approx 0.04% of Eagle Asset Management Inc’s portfolio.Livingston Group Asset Management Co (operating As Southp… reduced its stake in F by selling 1,379 shares or 1.12% in the most recent quarter. The Hedge Fund company now holds 122,126 shares of F which is valued at $1,546,115. Ford Motor Company makes up approx 1.00% of Livingston Group Asset Management Co (operating As Southp…’s portfolio.

On the company’s financial health, Ford Motor Company 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 Company. Credit Suisse Downgraded Ford Motor Company 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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