Fisher Asset Management LLC Sells 206,900 Shares of Honda Motor Co., Ltd. (NYSE:HMC)

Fisher Asset Management LLC lessened its position in shares of Honda Motor Co., Ltd. (NYSE:HMC - Free Report) by 2.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,138,916 shares of the company's stock after selling 206,900 shares during the period. Fisher Asset Management LLC owned approximately 0.65% of Honda Motor worth $289,466,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in HMC. Asset Planning Inc bought a new stake in Honda Motor during the 4th quarter worth $25,000. R Squared Ltd bought a new stake in shares of Honda Motor in the 4th quarter valued at about $30,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Honda Motor in the third quarter valued at about $36,000. Manchester Capital Management LLC acquired a new stake in shares of Honda Motor in the fourth quarter valued at about $40,000. Finally, Addison Advisors LLC raised its position in shares of 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 acquiring an additional 1,021 shares during the last quarter. Institutional investors and hedge funds own 5.32% of the company's stock.

Honda Motor Stock Down 0.6 %

Honda Motor stock traded down $0.18 during midday trading on Tuesday, reaching $27.32. The stock had a trading volume of 132,533 shares, compared to its average volume of 1,221,255. The company has a fifty day moving average price of $28.26 and a two-hundred day moving average price of $29.12. Honda Motor Co., Ltd. has a 12 month low of $23.41 and a 12 month high of $37.90. 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 company has a market capitalization of $42.65 billion, a P/E ratio of 6.34 and a beta of 0.58.

Honda Motor (NYSE:HMC - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The company reported $1.31 EPS for the quarter, beating 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 firm had revenue of $36.31 billion during the quarter, compared to the consensus estimate of $35.31 billion. As a group, equities analysts expect that Honda Motor Co., Ltd. will post 3.99 EPS for the current fiscal year.

Wall Street Analyst Weigh In

HMC has been the subject of several recent analyst reports. UBS Group upgraded shares of Honda Motor from a "sell" rating to a "neutral" rating in a research report on Wednesday, December 18th. StockNews.com upgraded Honda Motor from a "hold" rating to a "buy" rating in a report on Wednesday, February 19th.

Honda Motor Company 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.