Ford Motor Company (F) : Bkd Wealth Advisors reduced its stake in Ford Motor Company by 0.08% during the most recent quarter end. The investment management company now holds a total of 1,011,855 shares of Ford Motor Company which is valued at $13,639,805 after selling 796 shares in Ford Motor Company , the firm said in a disclosure report filed with the SEC on Jul 12, 2016.Ford Motor Company makes up approximately 1.98% of Bkd Wealth Advisors’s portfolio.
Other Hedge Funds, Including , North Star Investment Management Corp. reduced its stake in F by selling 212 shares or 0.08% in the most recent quarter. The Hedge Fund company now holds 277,135 shares of F which is valued at $3,735,780. Ford Motor Company makes up approx 0.67% of North Star Investment Management Corp.’s portfolio.Firstmerit Bank N A Trustee boosted its stake in F in the latest quarter, The investment management firm added 3,653 additional shares and now holds a total of 45,337 shares of Ford Motor Company which is valued at $611,143. Ford Motor Company makes up approx 0.05% of Firstmerit Bank N A Trustee’s portfolio.British Columbia Investment Management Corp reduced its stake in F by selling 19,711 shares or 0.96% in the most recent quarter. The Hedge Fund company now holds 2,024,270 shares of F which is valued at $26,497,694. Ford Motor Company makes up approx 0.23% of British Columbia Investment Management Corp’s portfolio.Hollencrest Securities reduced its stake in F by selling 198 shares or 1.33% in the most recent quarter. The Hedge Fund company now holds 14,641 shares of F which is valued at $191,651. Ford Motor Company makes up approx 0.03% of Hollencrest Securities’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in F by selling 197,456 shares or 11.35% in the most recent quarter. The Hedge Fund company now holds 1,541,600 shares of F which is valued at $20,179,544. Ford Motor Company makes up approx 0.09% of Bnp Paribas Arbitrage Sa’s portfolio.
Ford Motor Company closed down -0.02 points or -0.15% at $13.57 with 1,95,46,317 shares getting traded on Friday. Post opening the session at $13.63, the shares hit an intraday low of $13.53 and an intraday high of $13.67 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
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. Piper Jaffray Initiated Ford Motor Company on Jun 10, 2016 to “Overweight”, Price Target of the shares are set at $17.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 .
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.