Ford Motor Company (F) : Krilogy Financial added new position in Ford Motor Company during the most recent quarter end. The investment management firm now holds 34,951 shares of Ford Motor Company which is valued at $462,052 , the company said in a statement filed on May 13, 2016 with the SEC.Ford Motor Company makes up approximately 0.19% of Krilogy Financial’s portfolio.
Other Hedge Funds, Including , 1832 Asset Management reduced its stake in F by selling 601 shares or 8.46% in the most recent quarter. The Hedge Fund company now holds 6,500 shares of F which is valued at $85,930.Victory Capital Management Inc boosted its stake in F in the latest quarter, The investment management firm added 6,225 additional shares and now holds a total of 222,681 shares of Ford Motor Company which is valued at $2.9 Million. Ford Motor Company makes up approx 0.01% of Victory Capital Management Inc’s portfolio.Norinchukin Bank The boosted its stake in F in the latest quarter, The investment management firm added 17,579 additional shares and now holds a total of 396,541 shares of Ford Motor Company which is valued at $5.2 Million. Ford Motor Company makes up approx 0.13% of Norinchukin Bank The’s portfolio. Trexquant Investment Lp sold out all of its stake in F during the most recent quarter. The investment firm sold 79,600 shares of F which is valued $1.1 Million.
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.