Honda Motor Co., Ltd. (NYSE:HMC) Position Increased by First Trust Advisors LP

First Trust Advisors LP lifted its position in Honda Motor Co., Ltd. (NYSE:HMC - Free Report) by 11.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,594,299 shares of the company's stock after acquiring an additional 158,072 shares during the quarter. First Trust Advisors LP owned 0.10% of Honda Motor worth $45,517,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in HMC. Raymond James Financial Inc. acquired a new position in Honda Motor in the fourth quarter worth $11,909,000. XY Capital Ltd bought a new position in shares of Honda Motor in the 4th quarter worth about $1,294,000. OLD Mission Capital LLC acquired a new position in shares of Honda Motor in the 4th quarter valued at about $3,964,000. Landscape Capital Management L.L.C. grew its position in shares of Honda Motor by 347.2% during the 4th quarter. Landscape Capital Management L.L.C. now owns 56,134 shares of the company's stock valued at $1,603,000 after buying an additional 43,582 shares during the last quarter. Finally, Hedges Asset Management LLC raised its stake in Honda Motor by 91.8% during the fourth quarter. Hedges Asset Management LLC now owns 28,000 shares of the company's stock worth $799,000 after acquiring an additional 13,400 shares during the period. 5.32% of the stock is currently owned by institutional investors.

Honda Motor Stock Performance

HMC stock traded up $0.33 on Monday, reaching $30.54. The company's stock had a trading volume of 527,736 shares, compared to its average volume of 1,234,779. Honda Motor Co., Ltd. has a 52 week low of $23.41 and a 52 week high of $34.99. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.38 and a quick ratio of 1.10. The company has a market capitalization of $47.67 billion, a P/E ratio of 7.10 and a beta of 0.57. The firm has a fifty day moving average of $28.27 and a two-hundred day moving average of $28.09.

Honda Motor (NYSE:HMC - Get Free Report) last released its earnings results on Thursday, February 13th. The company reported $1.31 EPS for the quarter, beating the consensus estimate of $0.94 by $0.37. The firm had revenue of $36.31 billion for the quarter, compared to analysts' expectations of $35.31 billion. Honda Motor had a net margin of 4.76% and a return on equity of 7.81%. As a group, analysts predict that Honda Motor Co., Ltd. will post 3.99 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. StockNews.com upgraded Honda Motor from a "hold" rating to a "buy" rating in a research note on Wednesday, February 19th. Sanford C. Bernstein assumed coverage on Honda Motor in a research note on Monday, April 14th. They set a "market perform" rating for the company.

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.