Ford Motor Company (F) : Penbrook Management scooped up 1,000 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 21, 2016. The investment management firm now holds a total of 12,200 shares of Ford Motor Company which is valued at $166,042.Ford Motor Company makes up approximately 0.18% of Penbrook Management’s portfolio.
Ford Motor Company 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 , Gulf International Bank (uk) Ltd boosted its stake in F in the latest quarter, The investment management firm added 13,650 additional shares and now holds a total of 1,104,427 shares of Ford Motor Company which is valued at $15,031,251. Ford Motor Company makes up approx 0.25% of Gulf International Bank (uk) Ltd’s portfolio.Fragasso Group reduced its stake in F by selling 39,807 shares or 47.24% in the most recent quarter. The Hedge Fund company now holds 44,464 shares of F which is valued at $575,364. Ford Motor Company makes up approx 0.22% of Fragasso Group’s portfolio.Central Trust Co boosted its stake in F in the latest quarter, The investment management firm added 5,968 additional shares and now holds a total of 72,752 shares of Ford Motor Company which is valued at $941,411. Ford Motor Company makes up approx 0.07% of Central Trust Co’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.