Honda Motor Target of Unusually Large Options Trading (NYSE:HMC)

Honda Motor Co., Ltd. (NYSE:HMC - Get Free Report) saw some unusual options trading activity on Tuesday. Traders bought 5,171 call options on the company. This is an increase of approximately 193% compared to the typical volume of 1,766 call options.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of HMC. Arrowstreet Capital Limited Partnership acquired a new position in Honda Motor in the 4th quarter worth approximately $23,272,000. Northern Trust Corp boosted its holdings in shares of Honda Motor by 69.9% in the 4th quarter. Northern Trust Corp now owns 1,099,698 shares of the company's stock valued at $31,396,000 after acquiring an additional 452,624 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Honda Motor in the fourth quarter worth $11,909,000. Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of Honda Motor by 153.8% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 668,092 shares of the company's stock worth $19,074,000 after acquiring an additional 404,883 shares during the period. Finally, Tiger Pacific Capital LP purchased a new position in shares of Honda Motor during the fourth quarter worth $8,225,000. 5.32% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on HMC shares. Sanford C. Bernstein began coverage on shares of Honda Motor in a research note on Monday, April 14th. They issued a "market perform" rating for the company. StockNews.com upgraded Honda Motor from a "hold" rating to a "buy" rating in a research note on Wednesday, February 19th.

Honda Motor Stock Up 2.0 %

Shares of HMC traded up $0.60 during mid-day trading on Tuesday, hitting $29.76. 255,963 shares of the company traded hands, compared to its average volume of 1,071,533. The business has a 50 day moving average of $28.14 and a 200 day moving average of $28.14. The company has a market capitalization of $46.44 billion, a PE ratio of 6.92 and a beta of 0.57. The company has a quick ratio of 1.10, a current ratio of 1.38 and a debt-to-equity ratio of 0.51. Honda Motor has a 1-year low of $23.41 and a 1-year high of $34.99.

Honda Motor (NYSE:HMC - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The company reported $1.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.94 by $0.37. The business had revenue of $36.31 billion for the quarter, compared to analyst estimates of $35.31 billion. Honda Motor had a net margin of 4.76% and a return on equity of 7.81%. Equities research analysts anticipate that Honda Motor will post 3.99 EPS for the current year.

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.

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