Connor Clark & Lunn Investment Management Ltd. grew its position in shares of Honda Motor Co., Ltd. (NYSE:HMC - Free Report) by 153.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 668,092 shares of the company's stock after acquiring an additional 404,883 shares during the quarter. Connor Clark & Lunn Investment Management Ltd.'s holdings in Honda Motor were worth $19,074,000 as of its most recent filing with the SEC.
Other institutional investors have also modified their holdings of the company. Asset Planning Inc acquired a new position in Honda Motor during the 4th quarter valued at about $25,000. R Squared Ltd bought a new stake in shares of Honda Motor during the fourth quarter valued at approximately $30,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Honda Motor during the third quarter worth approximately $36,000. Manchester Capital Management LLC bought a new position in Honda Motor in the 4th quarter worth approximately $40,000. Finally, Farther Finance Advisors LLC increased its position in Honda Motor by 70.1% in the 4th quarter. Farther Finance Advisors LLC now owns 1,868 shares of the company's stock valued at $53,000 after acquiring an additional 770 shares during the period. Institutional investors own 5.32% of the company's stock.
Honda Motor Price Performance
NYSE:HMC traded up $0.59 during midday trading on Monday, hitting $30.01. 1,180,475 shares of the stock were exchanged, compared to its average volume of 1,033,592. The company has a market capitalization of $46.83 billion, a price-to-earnings ratio of 6.98 and a beta of 0.61. The company has a current ratio of 1.38, a quick ratio of 1.10 and a debt-to-equity ratio of 0.51. Honda Motor Co., Ltd. has a one year low of $23.41 and a one year high of $37.90. The business has a 50-day moving average price of $28.36 and a two-hundred day moving average price of $28.90.
Honda Motor (NYSE:HMC - Get Free Report) last posted its quarterly earnings data on Thursday, February 13th. The company reported $1.31 EPS for the quarter, topping analysts' consensus estimates of $0.94 by $0.37. Honda Motor had a return on equity of 7.81% and a net margin of 4.76%. The company had revenue of $36.31 billion for the quarter, compared to the consensus estimate of $35.31 billion. Sell-side analysts predict that Honda Motor Co., Ltd. will post 3.99 EPS for the current year.
Analyst Ratings Changes
A number of research analysts have recently commented on the company. StockNews.com raised Honda Motor from a "hold" rating to a "buy" rating in a report on Wednesday, February 19th. UBS Group raised shares of Honda Motor from a "sell" rating to a "neutral" rating in a research note on Wednesday, December 18th.
View Our Latest Research Report on Honda Motor
About Honda Motor
(
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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