Western Asset Management Co owns 1.13 million shares or 13.41% of their USA portfolio. Ford Motor Company (NYSE:F) has declined 7.43% since August 17, 2015 and is downtrending. The institutional investor owned 1,810,570 shares of the auto manufacturer's stock after buying an additional 1,572,208 shares during the period. Stillwater Investment Management now owns 82,324 shares of the auto manufacturer's stock worth $1,160,000 after buying an additional 843 shares during the period.
Several other hedge funds have also made changes to their positions in F. Concannon Wealth Management LLC increased its stake in shares of Ford Motor Company by 1,428.8% in the fourth quarter. Now the stock has been rated as "Buy" from 10 Analysts.
02/05/2016 - General Motors Company had its "hold" rating reiterated by analysts at Deutsche Bank. The fund owned 278,693 shares of the auto manufacturer's stock after selling 86,308 shares during the period. The stock was sold at an average price of $12.00, for a total value of $216,000.00.
The Board of Directors of The Coca-Cola Company (NYSE:KO) approved the Company's 54th consecutive annual dividend increase, raising the quarterly dividend 6 percent from 33 cents to 35 cents per common share. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.
In related news, Chairman William Clay Ford, Jr. bought 800,000 shares of the firm's stock in a transaction on Monday, March 7th. The company's 50-day moving average price is $29.89 and its 200-day moving average price is $32.22. Following the transaction, the chairman now owns 1,192,324 shares of the company's stock, valued at $16,215,606.40.
Now Facebook drops support for BlackBerry
The matter was revealed through a blog post by Lou Gazzola , BlackBerry's senior marketing manager for developer relations. But they won't be able to use any of the more advanced features of the app and likely won't receive updates in the future.
Ford Motor Company (NYSE:F) traded down 1.803% during midday trading on Wednesday, reaching $13.345. About 5.74M shares traded hands. The company has a market capitalization of $52.97 billion and a price-to-earnings ratio of 7.253. Ford Motor Company now has an average rating of "Hold" and an average price target of $15.63. The company's shares performance for the last one month was 9.01% and 2.74% in the previous week. The business earned $37.90 billion during the quarter, compared to analysts' expectations of $36.32 billion. Equities analysts predict that General Motors Company will post $5.48 earnings per share for the current fiscal year. Growth in the company's revenue appears to have helped boost the earnings per share. Stockholders of record on Friday, March 11th will be paid a dividend of $0.38 per share. The ex-dividend date of this dividend is Wednesday, March 9th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.45%.
Investors might also want to take note of the future price target projections offered by Wall Street analysts. Morgan Stanley decreased their price target on Ford Motor Company to $12.00 in a research report on Friday, February 26th.
Taking a quick look at where the stock might be headed, analysts have a consensus price target of $36.6 on the shares. General Motors Company plans to announce quarterly report on 2016-04-21. 1 stock experts have also suggested a buy rating. Beta Research provides the score which is based on a scale from 1 to -1. The stocks that have low P/E ratio or low price to book ratio are stated as value stocks.
Ford Motor Company (NYSE:F) manufactures or distributes automobiles across six continents. (GM Financial). The Company's automotive operations meet the demands of the Company's customers through its four automotive segments: GM North America (GMNA), GM Europe (GME), GM International Operations (GMIO) and GM South America (GMSA).