Charles Schwab Investment Management Inc. decreased its stake in shares of Honda Motor Co., Ltd. (NYSE:HMC - Free Report) by 11.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 87,924 shares of the company's stock after selling 10,862 shares during the period. Charles Schwab Investment Management Inc.'s holdings in Honda Motor were worth $2,510,000 at the end of the most recent reporting period.
A number of other large investors also recently bought and sold shares of the stock. Asset Planning Inc acquired a new stake in shares of Honda Motor during the 4th quarter worth $25,000. R Squared Ltd purchased a new stake in Honda Motor during the fourth quarter valued at about $30,000. Wilmington Savings Fund Society FSB acquired a new stake in Honda Motor during the third quarter worth about $36,000. Manchester Capital Management LLC purchased a new position in shares of Honda Motor in the 4th quarter worth about $40,000. Finally, BNP Paribas Financial Markets lifted its stake in shares of Honda Motor by 84.6% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,510 shares of the company's stock valued at $80,000 after purchasing an additional 1,150 shares in the last quarter. Hedge funds and other institutional investors own 5.32% of the company's stock.
Honda Motor Stock Down 0.4 %
NYSE:HMC traded down $0.12 during mid-day trading on Monday, hitting $27.15. The company had a trading volume of 884,077 shares, compared to its average volume of 1,047,386. Honda Motor Co., Ltd. has a 1 year low of $23.41 and a 1 year high of $37.34. The business has a fifty day simple moving average of $28.49 and a 200-day simple moving average of $28.74. The company has a current ratio of 1.38, a quick ratio of 1.10 and a debt-to-equity ratio of 0.51. The firm has a market capitalization of $42.37 billion, a price-to-earnings ratio of 6.31 and a beta of 0.61.
Honda Motor (NYSE:HMC - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The company reported $1.31 EPS for the quarter, topping the consensus estimate of $0.94 by $0.37. The firm had revenue of $36.31 billion for the quarter, compared to analyst estimates of $35.31 billion. Honda Motor had a return on equity of 7.81% and a net margin of 4.76%. Equities analysts forecast 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 analysts recently issued reports on the stock. UBS Group raised shares of Honda Motor from a "sell" rating to a "neutral" rating in a research report on Wednesday, December 18th. StockNews.com raised shares of Honda Motor from a "hold" rating to a "buy" rating in a research report on Wednesday, February 19th.
Get Our Latest Stock Analysis on Honda Motor
Honda Motor 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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