Honda Motor Co., Ltd. (NYSE:HMC) Short Interest Up 8.3% in January

Honda Motor Co., Ltd. (NYSE:HMC - Get Free Report) was the recipient of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 4,460,000 shares, an increase of 8.3% from the January 15th total of 4,120,000 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average trading volume of 1,590,000 shares, the short-interest ratio is presently 2.8 days.

Wall Street Analyst Weigh In

HMC has been the topic of a number of research analyst reports. StockNews.com raised Honda Motor from a "hold" rating to a "buy" rating in a report on Wednesday. UBS Group raised Honda Motor from a "sell" rating to a "neutral" rating in a report on Wednesday, December 18th.

Hedge Funds Weigh In On Honda Motor

A number of institutional investors have recently bought and sold shares of HMC. Asset Planning Inc acquired a new stake in Honda Motor during the 4th quarter worth about $25,000. Murphy & Mullick Capital Management Corp acquired a new stake in Honda Motor during the 4th quarter worth about $26,000. R Squared Ltd acquired a new stake in Honda Motor during the 4th quarter worth about $30,000. Wilmington Savings Fund Society FSB acquired a new stake in Honda Motor during the 3rd quarter worth about $36,000. Finally, Addison Advisors LLC boosted its position in Honda Motor by 391.2% during the 3rd quarter. Addison Advisors LLC now owns 1,282 shares of the company's stock worth $41,000 after acquiring an additional 1,021 shares during the period. Hedge funds and other institutional investors own 5.32% of the company's stock.

Honda Motor Trading Down 0.3 %

HMC traded down $0.09 during trading on Friday, reaching $27.16. The company had a trading volume of 919,461 shares, compared to its average volume of 1,280,704. The firm's 50-day simple moving average is $27.92 and its 200 day simple moving average is $29.23. The company has a market cap of $42.38 billion, a price-to-earnings ratio of 6.32 and a beta of 0.58. Honda Motor has a 12-month low of $23.41 and a 12-month high of $37.90. 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 (NYSE:HMC - Get Free Report) last issued its quarterly 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. The firm had revenue of $36.31 billion for the quarter, compared to analysts' expectations of $35.31 billion. Honda Motor had a return on equity of 7.81% and a net margin of 4.76%. Equities research analysts anticipate that Honda Motor will post 3.99 earnings per share for the current year.

Honda Motor Company 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.