O Shaughnessy Asset Management LLC lowered its position in Honda Motor Co., Ltd. (NYSE:HMC - Free Report) by 51.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 150,132 shares of the company's stock after selling 157,205 shares during the period. O Shaughnessy Asset Management LLC's holdings in Honda Motor were worth $4,286,000 as of its most recent SEC filing.
A number of other hedge funds have also recently added to or reduced their stakes in HMC. Oppenheimer Asset Management Inc. lifted its holdings in shares of Honda Motor by 0.8% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 49,165 shares of the company's stock worth $1,404,000 after purchasing an additional 401 shares in the last quarter. Bruce G. Allen Investments LLC lifted its stake in shares of Honda Motor by 8.5% in the fourth quarter. Bruce G. Allen Investments LLC now owns 5,683 shares of the company's stock valued at $162,000 after buying an additional 445 shares in the last quarter. Rhumbline Advisers grew its holdings in shares of Honda Motor by 1.1% during the fourth quarter. Rhumbline Advisers now owns 40,775 shares of the company's stock valued at $1,164,000 after buying an additional 457 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Honda Motor by 14.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 4,111 shares of the company's stock worth $117,000 after acquiring an additional 507 shares during the last quarter. Finally, M&T Bank Corp lifted its position in Honda Motor by 8.2% in the 3rd quarter. M&T Bank Corp now owns 7,879 shares of the company's stock valued at $250,000 after acquiring an additional 595 shares in the last quarter. Institutional investors and hedge funds own 5.32% of the company's stock.
Honda Motor Stock Performance
Shares of Honda Motor stock traded down $1.32 during mid-day trading on Friday, hitting $25.02. 1,828,488 shares of the stock were exchanged, compared to its average volume of 1,053,207. The company has a market capitalization of $39.05 billion, a P/E ratio of 5.82 and a beta of 0.57. 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 company has a 50-day simple moving average of $28.29 and a 200 day simple moving average of $28.60. Honda Motor Co., Ltd. has a 12 month low of $23.41 and a 12 month high of $37.34.
Honda Motor (NYSE:HMC - Get Free Report) last announced its quarterly earnings data 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 firm had revenue of $36.31 billion during the quarter, compared to the consensus estimate of $35.31 billion. Honda Motor had a return on equity of 7.81% and a net margin of 4.76%. Sell-side analysts anticipate that Honda Motor Co., Ltd. will post 3.99 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
A number of brokerages have commented on HMC. UBS Group raised Honda Motor from a "sell" rating to a "neutral" rating in a report on Wednesday, December 18th. StockNews.com raised Honda Motor from a "hold" rating to a "buy" rating in a research report on Wednesday, February 19th.
Check Out Our Latest Stock Analysis on HMC
Honda Motor Profile
(
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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