Grantham Mayo Van Otterloo & Co. LLC trimmed its holdings in shares of Honda Motor Co., Ltd. (NYSE:HMC - Free Report) by 17.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,547,694 shares of the company's stock after selling 326,480 shares during the period. Grantham Mayo Van Otterloo & Co. LLC owned 0.10% of Honda Motor worth $44,187,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of HMC. Asset Planning Inc acquired a new stake in Honda Motor during the fourth quarter worth about $25,000. Murphy & Mullick Capital Management Corp acquired a new stake in shares of Honda Motor during the 4th quarter worth approximately $26,000. R Squared Ltd bought a new stake in shares of Honda Motor in the 4th quarter worth approximately $30,000. Wilmington Savings Fund Society FSB acquired a new position in Honda Motor during the 3rd quarter valued at approximately $36,000. Finally, Manchester Capital Management LLC bought a new position in Honda Motor during the 4th quarter worth $40,000. 5.32% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
Several equities analysts have recently issued reports on the stock. StockNews.com raised shares of Honda Motor from a "hold" rating to a "buy" rating in a report on Wednesday, February 19th. UBS Group raised Honda Motor from a "sell" rating to a "neutral" rating in a report on Wednesday, December 18th.
Check Out Our Latest Analysis on Honda Motor
Honda Motor Price Performance
Shares of HMC stock traded down $1.19 during midday trading on Thursday, reaching $26.44. 886,685 shares of the company were exchanged, compared to its average volume of 1,067,789. Honda Motor Co., Ltd. has a 12 month low of $23.41 and a 12 month high of $36.80. The company has a market cap of $41.26 billion, a P/E ratio of 6.17 and a beta of 0.57. The company's 50 day moving average price is $28.06 and its two-hundred day moving average price is $28.39. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.10 and a current ratio of 1.38.
Honda Motor (NYSE:HMC - Get Free Report) last announced its earnings results on Thursday, February 13th. The company reported $1.31 earnings per share 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 business had revenue of $36.31 billion during the quarter, compared to analysts' expectations of $35.31 billion. On average, sell-side analysts expect that Honda Motor Co., Ltd. will post 3.99 earnings per share for the current year.
Honda Motor Profile
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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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