M Holdings Securities Inc. purchased a new stake in shares of Honda Motor Co., Ltd. (NYSE:HMC - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 14,726 shares of the company's stock, valued at approximately $420,000.
Several other hedge funds have also bought and sold shares of HMC. Asset Planning Inc bought a new stake in shares of Honda Motor in the 4th quarter worth $25,000. Murphy & Mullick Capital Management Corp purchased a new stake in Honda Motor in the fourth quarter worth approximately $26,000. R Squared Ltd bought a new stake in Honda Motor in the 4th quarter worth approximately $30,000. Wilmington Savings Fund Society FSB bought a new position in shares of Honda Motor during the 3rd quarter valued at $36,000. Finally, Manchester Capital Management LLC purchased a new position in shares of Honda Motor in the 4th quarter worth $40,000. Institutional investors own 5.32% of the company's stock.
Honda Motor Price Performance
Shares of HMC traded up $0.63 during mid-day trading on Friday, reaching $29.09. The stock had a trading volume of 1,314,651 shares, compared to its average volume of 1,074,036. The business has a fifty day moving average of $28.08 and a 200 day moving average of $28.23. 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 firm has a market cap of $45.40 billion, a price-to-earnings ratio of 6.76 and a beta of 0.57. Honda Motor Co., Ltd. has a 12 month low of $23.41 and a 12 month 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, topping analysts' consensus estimates 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 analyst estimates of $35.31 billion. Equities analysts predict that Honda Motor Co., Ltd. will post 3.99 EPS for the current year.
Analyst Upgrades and Downgrades
HMC has been the topic of several research reports. Sanford C. Bernstein started coverage on Honda Motor in a research report on Monday. They issued a "market perform" rating on the stock. StockNews.com raised Honda Motor from a "hold" rating to a "buy" rating in a report on Wednesday, February 19th.
Check Out Our Latest Stock Analysis on HMC
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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