Persium Advisors LLC Acquires New Holdings in Honda Motor Co., Ltd. (NYSE:HMC)

Persium Advisors LLC purchased a new stake in shares of Honda Motor Co., Ltd. (NYSE:HMC - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 22,001 shares of the company's stock, valued at approximately $628,000. Honda Motor makes up 0.6% of Persium Advisors LLC's portfolio, making the stock its 25th biggest position.

Other hedge funds have also bought and sold shares of the company. Apollon Wealth Management LLC increased its holdings in shares of Honda Motor by 1.5% during the 3rd quarter. Apollon Wealth Management LLC now owns 26,138 shares of the company's stock valued at $829,000 after purchasing an additional 389 shares in the last quarter. Bruce G. Allen Investments LLC boosted its stake in shares of Honda Motor by 8.5% during the 4th quarter. Bruce G. Allen Investments LLC now owns 5,683 shares of the company's stock worth $162,000 after acquiring an additional 445 shares in the last quarter. Janney Montgomery Scott LLC grew its position in shares of Honda Motor by 0.6% during the 3rd quarter. Janney Montgomery Scott LLC now owns 82,821 shares of the company's stock valued at $2,628,000 after acquiring an additional 495 shares during the period. GAMMA Investing LLC increased its stake in shares of Honda Motor by 31.0% in the 3rd quarter. GAMMA Investing LLC now owns 2,382 shares of the company's stock valued at $76,000 after purchasing an additional 564 shares in the last quarter. Finally, Forum Financial Management LP raised its holdings in Honda Motor by 1.3% in the 3rd quarter. Forum Financial Management LP now owns 44,457 shares of the company's stock worth $1,411,000 after purchasing an additional 587 shares during the period. Hedge funds and other institutional investors own 5.32% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently commented on HMC shares. StockNews.com cut Honda Motor from a "strong-buy" rating to a "buy" rating in a research report on Saturday, November 2nd. UBS Group upgraded shares of Honda Motor from a "sell" rating to a "neutral" rating in a research report on Wednesday, December 18th.

Honda Motor Price Performance

Honda Motor stock traded down $0.01 during midday trading on Monday, reaching $28.64. The company had a trading volume of 1,082,550 shares, compared to its average volume of 1,806,792. Honda Motor Co., Ltd. has a 12-month low of $23.41 and a 12-month high of $37.90. The firm's fifty day simple moving average is $26.91 and its 200-day simple moving average is $29.95. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.43 and a quick ratio of 1.12. The company has a market capitalization of $48.99 billion, a P/E ratio of 7.07, a P/E/G ratio of 2.51 and a beta of 0.59.

Honda Motor (NYSE:HMC - Get Free Report) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $0.43 earnings per share for the quarter, missing analysts' consensus estimates of $0.86 by ($0.43). Honda Motor had a net margin of 4.53% and a return on equity of 7.53%. The firm had revenue of $36.24 billion during the quarter, compared to analysts' expectations of $35.60 billion. As a group, equities analysts anticipate that Honda Motor Co., Ltd. will post 4.09 EPS for the current year.

Honda Motor 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.