American Trust Investment Advisors LLC acquired a new position in Honda Motor Co Ltd (NYSE:HMC) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 6,530 shares of the company’s stock, valued at approximately $223,000.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. FNY Partners Fund LP lifted its stake in Honda Motor by 2,651.1% in the 4th quarter. FNY Partners Fund LP now owns 495,200 shares of the company’s stock worth $16,876,000 after purchasing an additional 477,200 shares in the last quarter. LMR Partners LLP lifted its position in Honda Motor by 1,146.9% during the 4th quarter. LMR Partners LLP now owns 436,400 shares of the company’s stock valued at $14,956,000 after acquiring an additional 401,400 shares during the period. Aperio Group LLC lifted its position in Honda Motor by 36.7% during the 3rd quarter. Aperio Group LLC now owns 909,927 shares of the company’s stock valued at $26,897,000 after acquiring an additional 244,197 shares during the period. Crossmark Global Holdings Inc. purchased a new position in Honda Motor during the 3rd quarter valued at about $5,551,000. Finally, Parametric Portfolio Associates LLC lifted its position in Honda Motor by 19.2% during the 3rd quarter. Parametric Portfolio Associates LLC now owns 1,061,832 shares of the company’s stock valued at $31,388,000 after acquiring an additional 170,958 shares during the period. 2.41% of the stock is owned by institutional investors.
Honda Motor Co Ltd (NYSE HMC) traded down $0.38 on Monday, hitting $35.78. 703,335 shares of the stock traded hands, compared to its average volume of 576,665. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.23 and a quick ratio of 0.96. Honda Motor Co Ltd has a 1 year low of $27.05 and a 1 year high of $37.29. The stock has a market capitalization of $65,501.23, a PE ratio of 6.97, a price-to-earnings-growth ratio of 1.73 and a beta of 1.10.
Honda Motor (NYSE:HMC) last announced its earnings results on Friday, February 2nd. The company reported $1.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.33. The company had revenue of $3,957.12 billion during the quarter, compared to analyst estimates of $3,725.76 billion. Honda Motor had a net margin of 6.88% and a return on equity of 8.86%. The firm’s quarterly revenue was up 13.0% compared to the same quarter last year. During the same period in the previous year, the business posted $93.67 earnings per share. equities analysts predict that Honda Motor Co Ltd will post 5.02 earnings per share for the current year.
A number of brokerages recently issued reports on HMC. Zacks Investment Research raised shares of Honda Motor from a “sell” rating to a “hold” rating in a research report on Tuesday, January 23rd. UBS Group raised shares of Honda Motor from an “underweight” rating to a “neutral” rating in a report on Friday, November 17th. ValuEngine raised shares of Honda Motor from a “hold” rating to a “buy” rating in a report on Thursday, November 9th. Finally, Jefferies Group reaffirmed a “buy” rating and issued a $36.36 target price on shares of Honda Motor in a report on Friday, October 13th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $36.68.
About Honda Motor
Honda Motor Co, Ltd. (Honda) develops, manufactures and markets motorcycles, automobiles and power products across the world. The Company’s segments include Motorcycle Business, Automobile business, Financial services business, and Power product and other businesses. The Company produces a range of motorcycles, with engine displacement ranging from the 50 cubic centimeters class to the 1,800 cubic centimeters class.
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