Mariner LLC decreased its holdings in Honda Motor Co., Ltd. (NYSE:HMC - Free Report) by 15.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 76,414 shares of the company's stock after selling 13,774 shares during the period. Mariner LLC's holdings in Honda Motor were worth $2,182,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also modified their holdings of HMC. Asset Planning Inc acquired a new position in shares of Honda Motor during the fourth quarter worth about $25,000. Murphy & Mullick Capital Management Corp purchased a new stake in shares of Honda Motor in the 4th quarter valued at approximately $26,000. R Squared Ltd acquired a new stake in shares of Honda Motor in the 4th quarter valued at $30,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Honda Motor during the 3rd quarter worth $36,000. Finally, Manchester Capital Management LLC acquired a new position in shares of Honda Motor during the fourth quarter worth $40,000. Hedge funds and other institutional investors own 5.32% of the company's stock.
Honda Motor Stock Up 0.3 %
Shares of NYSE HMC traded up $0.08 during mid-day trading on Friday, reaching $30.22. The company had a trading volume of 910,178 shares, compared to its average volume of 1,076,176. The firm has a 50 day simple moving average of $28.27 and a two-hundred day simple moving average of $28.11. Honda Motor Co., Ltd. has a 52-week low of $23.41 and a 52-week high of $34.99. The company has a current ratio of 1.38, a quick ratio of 1.10 and a debt-to-equity ratio of 0.51. The stock has a market cap of $47.17 billion, a P/E ratio of 7.03 and a beta of 0.57.
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 (EPS) for the quarter, topping 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 company had revenue of $36.31 billion for the quarter, compared to analyst estimates of $35.31 billion. Sell-side analysts predict that Honda Motor Co., Ltd. will post 3.99 earnings per share for the current year.
Analyst Upgrades and Downgrades
A number of research firms have weighed in on HMC. Sanford C. Bernstein started coverage on Honda Motor in a research note on Monday, April 14th. They issued a "market perform" rating on the stock. StockNews.com raised Honda Motor from a "hold" rating to a "buy" rating in a research report on Wednesday, February 19th.
Get 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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