Ford Motor Company (F) : Brookstone Capital Management scooped up 45,266 additional shares in Ford Motor Company during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 19, 2016. The investment management firm now holds a total of 287,547 shares of Ford Motor Company which is valued at $3,950,896.Ford Motor Company makes up approximately 0.51% of Brookstone Capital Management’s portfolio.
Other Hedge Funds, Including , Private Trust Co Na reduced its stake in F by selling 517 shares or 2.32% in the most recent quarter. The Hedge Fund company now holds 21,730 shares of F which is valued at $298,570. Ford Motor Company makes up approx 0.08% of Private Trust Co Na’s portfolio.Trust Department Mb Financial Bank N A reduced its stake in F by selling 214 shares or 1.71% in the most recent quarter. The Hedge Fund company now holds 12,277 shares of F which is valued at $167,581. Ford Motor Company makes up approx 0.02% of Trust Department Mb Financial Bank N A’s portfolio.Gateway Investment Advisers boosted its stake in F in the latest quarter, The investment management firm added 850,883 additional shares and now holds a total of 3,580,976 shares of Ford Motor Company which is valued at $48,271,556. Ford Motor Company makes up approx 0.40% of Gateway Investment Advisers’s portfolio.Chevy Chase Trust Holdings boosted its stake in F in the latest quarter, The investment management firm added 29,549 additional shares and now holds a total of 3,973,767 shares of Ford Motor Company which is valued at $52,016,610. Ford Motor Company makes up approx 0.29% of Chevy Chase Trust Holdings’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.
Ford Motor Company opened for trading at $13.61 and hit $13.78 on the upside on Wednesday, eventually ending the session at $13.74, with a gain of 0.66% or 0.09 points. The heightened volatility saw the trading volume jump to 2,25,88,923 shares. Company has a market cap of $54,587 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.
Investors should note that on Jul 14, 2016, Ford Motor Company announced a cash dividend of $0.1500. The company’s management has announced Jul 26, 2016 as the ex-dividend date and fixed the record date on Jul 28, 2016. The payable date has been fixed on Sep 1, 2016.
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.