Barrow Hanley Mewhinney Strauss Lowers stake in Ford Motor Company (F)

Ford Motor Company (F) : Barrow Hanley Mewhinney Strauss reduced its stake in Ford Motor Company by 25.48% during the most recent quarter end. The investment management company now holds a total of 51,943,876 shares of Ford Motor Company which is valued at $639,429,114 after selling 17,758,719 shares in Ford Motor Company , the firm said in a disclosure report filed with the SEC on Aug 8, 2016.Ford Motor Company makes up approximately 0.94% of Barrow Hanley Mewhinney Strauss’s portfolio.

Other Hedge Funds, Including , Zevin Asset Management sold out all of its stake in F during the most recent quarter. The investment firm sold 29,500 shares of F which is valued $363,145.Gamco Investors Et Al reduced its stake in F by selling 65,000 shares or 12.12% in the most recent quarter. The Hedge Fund company now holds 471,500 shares of F which is valued at $5,747,585. Ford Motor Company makes up approx 0.04% of Gamco Investors Et Al’s portfolio.Duff Phelps Investment Management Co reduced its stake in F by selling 1,270 shares or 2.46% in the most recent quarter. The Hedge Fund company now holds 50,390 shares of F which is valued at $637,937. Ford Motor Company makes up approx 0.01% of Duff Phelps Investment Management Co’s portfolio.American Century Companies Inc boosted its stake in F in the latest quarter, The investment management firm added 438,170 additional shares and now holds a total of 4,336,214 shares of Ford Motor Company which is valued at $60,013,202. Ford Motor Company makes up approx 0.07% of American Century Companies Inc’s portfolio.United Bank Va boosted its stake in F in the latest quarter, The investment management firm added 40,366 additional shares and now holds a total of 220,422 shares of Ford Motor Company which is valued at $3,050,640. Ford Motor Company makes up approx 2.87% of United Bank Va’s portfolio.

Ford Motor Company opened for trading at $12.37 and hit $12.44 on the upside on Monday, eventually ending the session at $12.43, with a gain of 0.81% or 0.1 points. The heightened volatility saw the trading volume jump to 1,63,71,100 shares. Company has a market cap of $49,387 M.

On the company’s financial health, Ford Motor Company reported $0.52 EPS for the quarter, missing the analyst consensus estimate by $ -0.08 based on the information available during the earnings call on Jul 28, 2016. Analyst had a consensus of $0.60. The company had revenue of $37000.00 million for the quarter, compared to analysts expectations of $36279.44 million. The company’s revenue was up 5.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.47 EPS.

Many Wall Street Analysts have commented on Ford Motor Company. Ford Motor Company was Initiated by Seaport Global Securities to “Buy” on Aug 9, 2016. Jefferies Initiated Ford Motor Company on Aug 9, 2016 to “Underperform”, Price Target of the shares are set at $10.Shares were Downgraded by Goldman on Jul 29, 2016 to ” Neutral” and Lowered the Price Target to $ 13 from a previous price target of $15 .

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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