Capital Fund Management S.A. decreased its position in Honda Motor Co., Ltd. (NYSE:HMC - Free Report) by 10.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 119,818 shares of the company's stock after selling 13,569 shares during the period. Capital Fund Management S.A.'s holdings in Honda Motor were worth $3,421,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Asset Planning Inc purchased a new stake in Honda Motor in the 4th quarter valued at approximately $25,000. Murphy & Mullick Capital Management Corp purchased a new stake in shares of Honda Motor in the fourth quarter valued at approximately $26,000. R Squared Ltd acquired a new position in Honda Motor during the fourth quarter worth $30,000. Wilmington Savings Fund Society FSB purchased a new position in Honda Motor in the third quarter worth $36,000. Finally, Manchester Capital Management LLC acquired a new stake in Honda Motor in the fourth quarter valued at $40,000. 5.32% of the stock is currently owned by institutional investors and hedge funds.
Honda Motor Price Performance
NYSE HMC traded up $0.63 during trading hours on Friday, reaching $29.09. The company's stock had a trading volume of 1,314,651 shares, compared to its average volume of 1,074,519. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.10 and a current ratio of 1.38. The stock has a market cap of $45.40 billion, a PE ratio of 6.76 and a beta of 0.57. The company's 50-day moving average is $28.11 and its two-hundred day moving average is $28.21. Honda Motor Co., Ltd. has a fifty-two week low of $23.41 and a fifty-two week high of $34.99.
Honda Motor (NYSE:HMC - Get Free Report) last issued its quarterly earnings data on Thursday, February 13th. The company reported $1.31 earnings per share for the quarter, topping analysts' consensus estimates of $0.94 by $0.37. The business had revenue of $36.31 billion during 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%. Analysts forecast that Honda Motor Co., Ltd. will post 3.99 EPS for the current year.
Analyst Upgrades and Downgrades
A number of research analysts have issued reports on HMC shares. Sanford C. Bernstein started coverage on shares of Honda Motor in a report on Monday, April 14th. They issued a "market perform" rating for the company. StockNews.com raised Honda Motor from a "hold" rating to a "buy" rating in a report on Wednesday, February 19th.
View Our Latest Analysis 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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