Ford Motor Company (F) : Cetera Investment Advisers scooped up 10,462 additional shares in Ford Motor Company during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 10, 2016. The investment management firm now holds a total of 127,003 shares of Ford Motor Company which is valued at $1,565,947.Ford Motor Company makes up approximately 0.60% of Cetera Investment Advisers’s portfolio.
Other Hedge Funds, Including , Blackrock Advisors reduced its stake in F by selling 1,033,315 shares or 10.7% in the most recent quarter. The Hedge Fund company now holds 8,624,725 shares of F which is valued at $106,342,859. Ford Motor Company makes up approx 0.11% of Blackrock Advisors’s portfolio.Coldstream Capital Management Inc reduced its stake in F by selling 906 shares or 3.92% in the most recent quarter. The Hedge Fund company now holds 22,230 shares of F which is valued at $273,651. Ford Motor Company makes up approx 0.05% of Coldstream Capital Management Inc’s portfolio.Barrow Hanley Mewhinney Strauss reduced its stake in F by selling 17,758,719 shares or 25.48% in the most recent quarter. The Hedge Fund company now holds 51,943,876 shares of F which is valued at $639,429,114. Ford Motor Company makes up approx 0.94% of Barrow Hanley Mewhinney Strauss’s portfolio.West Chester Capital Advisors Inc boosted its stake in F in the latest quarter, The investment management firm added 500 additional shares and now holds a total of 85,300 shares of Ford Motor Company which is valued at $1,050,043. Ford Motor Company makes up approx 1.53% of West Chester Capital Advisors Inc’s portfolio.Alexandria Capital reduced its stake in F by selling 1,329 shares or 54.51% in the most recent quarter. The Hedge Fund company now holds 1,109 shares of F which is valued at $13,519.
Ford Motor Company opened for trading at $12.3 and hit $12.41 on the upside on Friday, eventually ending the session at $12.39, with a gain of 0.49% or 0.06 points. The heightened volatility saw the trading volume jump to 2,18,91,446 shares. Company has a market cap of $49,228 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.