Callan Capital LLC Lowers Stock Holdings in Honda Motor Co., Ltd. (NYSE:HMC)

Callan Capital LLC cut its holdings in shares of Honda Motor Co., Ltd. (NYSE:HMC - Free Report) by 39.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 21,070 shares of the company's stock after selling 13,606 shares during the quarter. Callan Capital LLC's holdings in Honda Motor were worth $602,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of HMC. FMR LLC boosted its holdings in Honda Motor by 52.5% during the 3rd quarter. FMR LLC now owns 1,355,835 shares of the company's stock valued at $43,021,000 after acquiring an additional 466,842 shares during the period. Fisher Asset Management LLC raised its position in Honda Motor by 2.3% in the 3rd quarter. Fisher Asset Management LLC now owns 10,345,816 shares of the company's stock valued at $328,273,000 after purchasing an additional 227,890 shares in the last quarter. International Assets Investment Management LLC raised its position in Honda Motor by 1,906.3% in the 3rd quarter. International Assets Investment Management LLC now owns 193,712 shares of the company's stock valued at $6,105,000 after purchasing an additional 184,057 shares in the last quarter. Gilman Hill Asset Management LLC acquired a new stake in Honda Motor in the 4th quarter valued at about $4,772,000. Finally, HITE Hedge Asset Management LLC raised its position in Honda Motor by 1,392.9% in the 3rd quarter. HITE Hedge Asset Management LLC now owns 138,539 shares of the company's stock valued at $4,396,000 after purchasing an additional 129,259 shares in the last quarter. 5.32% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

HMC has been the topic of a number of analyst reports. StockNews.com raised Honda Motor from a "hold" rating to a "buy" rating in a research report on Wednesday. UBS Group raised Honda Motor from a "sell" rating to a "neutral" rating in a research report on Wednesday, December 18th.

Honda Motor Stock Down 0.3 %

Shares of NYSE HMC traded down $0.09 during midday trading on Friday, hitting $27.16. 919,461 shares of the company's stock were exchanged, compared to its average volume of 1,144,468. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.38 and a quick ratio of 1.10. Honda Motor Co., Ltd. has a twelve month low of $23.41 and a twelve month high of $37.90. The company has a market cap of $42.38 billion, a PE ratio of 6.32 and a beta of 0.58. The firm's fifty day simple moving average is $27.92 and its 200-day simple moving average is $29.22.

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, topping the consensus estimate of $0.94 by $0.37. Honda Motor had a return on equity of 7.81% and a net margin of 4.76%. The business had revenue of $36.31 billion for the quarter, compared to analyst estimates of $35.31 billion. Research analysts predict that Honda Motor Co., Ltd. will post 3.99 EPS for the current fiscal year.

Honda Motor Profile

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.