Renaissance Technologies LLC decreased its holdings in Honda Motor Co., Ltd. (NYSE:HMC - Free Report) by 13.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 853,800 shares of the company's stock after selling 138,200 shares during the quarter. Renaissance Technologies LLC owned 0.05% of Honda Motor worth $24,376,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of HMC. Asset Planning Inc acquired a new stake in Honda Motor during the fourth quarter worth about $25,000. Murphy & Mullick Capital Management Corp bought a new position in Honda Motor in the fourth quarter valued at approximately $26,000. R Squared Ltd acquired a new position in Honda Motor during the fourth quarter valued at approximately $30,000. Wilmington Savings Fund Society FSB bought a new stake in Honda Motor during the third quarter worth $36,000. Finally, Manchester Capital Management LLC acquired a new stake in shares of Honda Motor in the 4th quarter valued at $40,000. Institutional investors own 5.32% of the company's stock.
Honda Motor Trading Down 0.4 %
Shares of NYSE:HMC traded down $0.12 during mid-day trading on Wednesday, reaching $28.45. 816,023 shares of the company's stock were exchanged, compared to its average volume of 1,071,890. The firm has a market capitalization of $44.41 billion, a price-to-earnings ratio of 6.62 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. Honda Motor Co., Ltd. has a twelve month low of $23.41 and a twelve month high of $35.03. The business's fifty day moving average price is $28.05 and its 200-day moving average price is $28.25.
Honda Motor (NYSE:HMC - Get Free Report) last posted its quarterly earnings data on Thursday, February 13th. The company reported $1.31 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 company had revenue of $36.31 billion for the quarter, compared to analyst estimates of $35.31 billion. On average, research analysts predict that Honda Motor Co., Ltd. will post 3.99 EPS for the current fiscal year.
Analysts Set New Price Targets
A number of equities analysts recently issued reports on HMC shares. StockNews.com upgraded shares of Honda Motor from a "hold" rating to a "buy" rating in a research report on Wednesday, February 19th. Sanford C. Bernstein initiated coverage on Honda Motor in a research report on Monday. They set a "market perform" rating on the stock. Finally, UBS Group raised Honda Motor from a "sell" rating to a "neutral" rating in a research note on Wednesday, December 18th.
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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