Aigen Investment Management LP bought a new stake in Honda Motor Co., Ltd. (NYSE:HMC - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 20,029 shares of the company's stock, valued at approximately $572,000.
Other hedge funds also recently bought and sold shares of the company. Asset Planning Inc bought a new position in Honda Motor during the fourth quarter valued at about $25,000. R Squared Ltd acquired a new position in shares of Honda Motor during the 4th quarter valued at about $30,000. Wilmington Savings Fund Society FSB bought a new position in shares of Honda Motor in the 3rd quarter valued at approximately $36,000. Manchester Capital Management LLC acquired a new stake in Honda Motor in the 4th quarter worth approximately $40,000. Finally, Addison Advisors LLC boosted its position in Honda Motor by 391.2% during the third quarter. Addison Advisors LLC now owns 1,282 shares of the company's stock worth $41,000 after purchasing an additional 1,021 shares during the period. 5.32% of the stock is owned by institutional investors and hedge funds.
Honda Motor Stock Performance
HMC traded down $0.25 during trading on Monday, reaching $28.95. 808,079 shares of the company's stock were exchanged, compared to its average volume of 1,247,843. The company has a market capitalization of $45.18 billion, a P/E ratio of 6.73 and a beta of 0.61. The company has a quick ratio of 1.10, a current ratio of 1.38 and a debt-to-equity ratio of 0.51. The business has a 50 day moving average price of $28.31 and a 200 day moving average price of $29.02. Honda Motor Co., Ltd. has a fifty-two week low of $23.41 and a fifty-two week high of $37.90.
Honda Motor (NYSE:HMC - Get Free Report) last issued its earnings results on Thursday, February 13th. The company reported $1.31 earnings per share for the quarter, beating the consensus estimate of $0.94 by $0.37. Honda Motor had a net margin of 4.76% and a return on equity of 7.81%. The business had revenue of $36.31 billion for the quarter, compared to analyst estimates of $35.31 billion. As a group, analysts predict that Honda Motor Co., Ltd. will post 3.99 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of research analysts recently issued reports on HMC shares. UBS Group upgraded shares of Honda Motor from a "sell" rating to a "neutral" rating in a research note on Wednesday, December 18th. StockNews.com raised Honda Motor from a "hold" rating to a "buy" rating in a research report on Wednesday, February 19th.
View Our Latest Stock Report on Honda Motor
Honda Motor Company Profile
(
Free Report)
Honda Motor Co, Ltd. develops, manufactures, and distributes motorcycles, automobiles, power, and other products in Japan, North America, Europe, Asia, and internationally. It operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Power Product and Other Businesses.
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