Alpha Cubed Investments buys $6,843,822 stake in Ford Motor Company (F)

Ford Motor Company (F) : Alpha Cubed Investments scooped up 140,203 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 10, 2016. The investment management firm now holds a total of 517,687 shares of Ford Motor Company which is valued at $6,843,822.Ford Motor Company makes up approximately 2.15% of Alpha Cubed Investments’s portfolio.

Other Hedge Funds, Including , Smith Salley Associates reduced its stake in F by selling 339 shares or 0.36% in the most recent quarter. The Hedge Fund company now holds 93,946 shares of F which is valued at $1,241,966. Ford Motor Company makes up approx 0.32% of Smith Salley Associates’s portfolio.Los Angeles Capital Management Equity Research Inc boosted its stake in F in the latest quarter, The investment management firm added 8,872 additional shares and now holds a total of 168,671 shares of Ford Motor Company which is valued at $2,266,938. Ford Motor Company makes up approx 0.02% of Los Angeles Capital Management Equity Research Inc’s portfolio.Cambridge Investment Research Advisors boosted its stake in F in the latest quarter, The investment management firm added 16,139 additional shares and now holds a total of 732,651 shares of Ford Motor Company which is valued at $9,846,829. Ford Motor Company makes up approx 0.22% of Cambridge Investment Research Advisors’s portfolio.Ariel Capital Advisors reduced its stake in F by selling 1,976 shares or 8.47% in the most recent quarter. The Hedge Fund company now holds 21,350 shares of F which is valued at $286,944. Ford Motor Company makes up approx 0.25% of Ariel Capital Advisors’s portfolio.Trust Investment Advisors boosted its stake in F in the latest quarter, The investment management firm added 2,131 additional shares and now holds a total of 87,646 shares of Ford Motor Company which is valued at $1,177,962. Ford Motor Company makes up approx 1.36% of Trust Investment Advisors’s portfolio.

Ford Motor Company opened for trading at $13.22 and hit $13.375 on the upside on Monday, eventually ending the session at $13.32, with a gain of 0.76% or 0.1 points. The heightened volatility saw the trading volume jump to 2,12,62,679 shares. Company has a market cap of $52,918 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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