Free Trial

22,136 Shares in Honda Motor Co., Ltd. (NYSE:HMC) Purchased by Quinn Opportunity Partners LLC

Honda Motor logo with Auto/Tires/Trucks background
Remove Ads

Quinn Opportunity Partners LLC acquired a new position in shares of Honda Motor Co., Ltd. (NYSE:HMC - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 22,136 shares of the company's stock, valued at approximately $632,000.

Several other hedge funds have also recently modified their holdings of HMC. Arrowstreet Capital Limited Partnership purchased a new position in Honda Motor during the fourth quarter valued at approximately $23,272,000. Connor Clark & Lunn Investment Management Ltd. raised its position in Honda Motor by 153.8% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 668,092 shares of the company's stock valued at $19,074,000 after purchasing an additional 404,883 shares in the last quarter. Brandes Investment Partners LP grew its position in shares of Honda Motor by 13.1% in the 4th quarter. Brandes Investment Partners LP now owns 570,169 shares of the company's stock valued at $16,278,000 after buying an additional 66,030 shares during the last quarter. American Century Companies Inc. grew its holdings in shares of Honda Motor by 6.7% during the fourth quarter. American Century Companies Inc. now owns 500,097 shares of the company's stock worth $14,278,000 after buying an additional 31,267 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new position in shares of Honda Motor during the 4th quarter worth approximately $11,909,000. Hedge funds and other institutional investors own 5.32% of the company's stock.

Honda Motor Trading Up 1.6 %

HMC traded up $0.44 during mid-day trading on Tuesday, reaching $28.59. The stock had a trading volume of 893,612 shares, compared to its average volume of 1,072,709. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.10 and a current ratio of 1.38. Honda Motor Co., Ltd. has a 52 week low of $23.41 and a 52 week high of $35.36. The stock has a market capitalization of $44.62 billion, a P/E ratio of 6.65 and a beta of 0.57. The firm's fifty day simple moving average is $28.05 and its two-hundred day simple moving average is $28.25.

Remove Ads

Honda Motor (NYSE:HMC - Get Free Report) last posted its earnings results on Thursday, February 13th. The company reported $1.31 earnings per share 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 for the quarter, compared to analyst estimates of $35.31 billion. On average, equities analysts predict that Honda Motor Co., Ltd. will post 3.99 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on HMC shares. StockNews.com raised shares of Honda Motor from a "hold" rating to a "buy" rating in a research report on Wednesday, February 19th. UBS Group upgraded shares of Honda Motor from a "sell" rating to a "neutral" rating in a research report on Wednesday, December 18th. Finally, Sanford C. Bernstein initiated coverage on shares of Honda Motor in a report on Monday. They issued a "market perform" rating for the company.

Get Our Latest Stock Analysis on Honda Motor

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.

Featured Stories

Institutional Ownership by Quarter for Honda Motor (NYSE:HMC)

Should You Invest $1,000 in Honda Motor Right Now?

Before you consider Honda Motor, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Honda Motor wasn't on the list.

While Honda Motor currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy And Hold Forever Cover

Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

7 Inflation-Proof Stocks to Protect Your Portfolio

7 Inflation-Proof Stocks to Protect Your Portfolio

Inflation is sticking around—is your portfolio ready? In this video, we break down 7 stocks that could help shield your investments from inflation’s impact.

Recent Videos

5 Stocks to BUY Now as Tariff Uncertainty Fades
WWE Stock Could Explode Next Week — Now’s the Time to Buy Into TKO
These 3 Dividend Stocks Might Be the Safest Bet Right Now

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads