Signaturefd LLC lowered its holdings in shares of Honda Motor Co., Ltd. (NYSE:HMC - Free Report) by 27.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 32,615 shares of the company's stock after selling 12,323 shares during the quarter. Signaturefd LLC's holdings in Honda Motor were worth $931,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also recently made changes to their positions in HMC. Asset Planning Inc purchased a new position in Honda Motor during the fourth quarter valued at $25,000. R Squared Ltd purchased a new position in shares of Honda Motor during the 4th quarter valued at about $30,000. Wilmington Savings Fund Society FSB bought a new position in shares of Honda Motor during the 3rd quarter valued at approximately $36,000. Manchester Capital Management LLC purchased a new stake in Honda Motor in the 4th quarter worth approximately $40,000. Finally, Farther Finance Advisors LLC increased its holdings in Honda Motor by 70.1% in the 4th quarter. Farther Finance Advisors LLC now owns 1,868 shares of the company's stock worth $53,000 after acquiring an additional 770 shares in the last quarter. Institutional investors own 5.32% of the company's stock.
Wall Street Analyst Weigh In
A number of analysts have recently issued reports on HMC shares. StockNews.com raised shares of Honda Motor from a "hold" rating to a "buy" rating in a research note on Wednesday, February 19th. UBS Group raised shares of Honda Motor from a "sell" rating to a "neutral" rating in a report on Wednesday, December 18th.
Get Our Latest Stock Report on HMC
Honda Motor Price Performance
Shares of Honda Motor stock traded up $0.03 during trading on Monday, reaching $30.06. 1,210,294 shares of the stock traded hands, compared to its average volume of 1,014,407. Honda Motor Co., Ltd. has a 52-week low of $23.41 and a 52-week high of $37.44. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.38 and a quick ratio of 1.10. The business has a fifty day simple moving average of $28.40 and a two-hundred day simple moving average of $28.82. The company has a market capitalization of $46.91 billion, a price-to-earnings ratio of 6.99 and a beta of 0.61.
Honda Motor (NYSE:HMC - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The company reported $1.31 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.94 by $0.37. The business had revenue of $36.31 billion for 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 expect that Honda Motor Co., Ltd. will post 3.99 EPS for the current year.
Honda Motor Profile
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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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