StockNews.com cut shares of Honda Motor (NYSE:HMC - Free Report) from a buy rating to a hold rating in a research report report published on Tuesday morning.
Separately, UBS Group upgraded Honda Motor from a "sell" rating to a "neutral" rating in a research note on Wednesday, December 18th.
Read Our Latest Report on Honda Motor
Honda Motor Stock Up 2.7 %
HMC traded up $0.76 during trading on Tuesday, reaching $28.71. 1,146,504 shares of the stock were exchanged, compared to its average volume of 1,158,770. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.12 and a current ratio of 1.43. The stock's 50 day moving average price is $27.75 and its two-hundred day moving average price is $29.34. Honda Motor has a twelve month low of $23.41 and a twelve month high of $37.90. The stock has a market cap of $44.80 billion, a P/E ratio of 7.09 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 earnings per share for the quarter, topping the consensus estimate of $0.94 by $0.37. Honda Motor had a net margin of 4.53% and a return on equity of 7.53%. The company had revenue of $36.31 billion for the quarter, compared to analyst estimates of $35.31 billion. Equities analysts expect that Honda Motor will post 4.02 EPS for the current year.
Institutional Trading of Honda Motor
Institutional investors and hedge funds have recently bought and sold shares of the business. Asset Planning Inc bought a new stake in Honda Motor in the fourth quarter valued at approximately $25,000. Murphy & Mullick Capital Management Corp acquired a new position in shares of Honda Motor in the fourth quarter valued at approximately $26,000. R Squared Ltd acquired a new position in shares of Honda Motor in the fourth quarter valued at approximately $30,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Honda Motor in the third quarter valued at approximately $36,000. Finally, Addison Advisors LLC grew its position in shares of Honda Motor by 391.2% in the third quarter. Addison Advisors LLC now owns 1,282 shares of the company's stock valued at $41,000 after purchasing an additional 1,021 shares during the last quarter. Institutional investors own 5.32% of the company's stock.
About Honda Motor
(
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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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