US Bancorp DE decreased its position in shares of Honda Motor Co., Ltd. (NYSE:HMC - Free Report) by 16.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 87,946 shares of the company's stock after selling 16,834 shares during the period. US Bancorp DE's holdings in Honda Motor were worth $2,511,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also added to or reduced their stakes in HMC. Asset Planning Inc acquired a new position in Honda Motor during the 4th quarter worth approximately $25,000. R Squared Ltd acquired a new stake in shares of Honda Motor during the 4th quarter valued at $30,000. Wilmington Savings Fund Society FSB bought a new stake in Honda Motor during the 3rd quarter worth $36,000. Manchester Capital Management LLC bought a new position in Honda Motor in the fourth quarter valued at about $40,000. Finally, Addison Advisors LLC boosted its stake in shares of Honda Motor by 391.2% during the third quarter. Addison Advisors LLC now owns 1,282 shares of the company's stock valued at $41,000 after purchasing an additional 1,021 shares in the last quarter. 5.32% of the stock is owned by institutional investors.
Honda Motor Trading Down 0.8 %
Shares of NYSE HMC traded down $0.25 during trading on Monday, reaching $28.95. The company had a trading volume of 808,028 shares, compared to its average volume of 1,247,842. Honda Motor Co., Ltd. has a 12 month low of $23.41 and a 12 month high of $37.90. The company has a quick ratio of 1.10, a current ratio of 1.38 and a debt-to-equity ratio of 0.51. The stock has a market cap of $45.18 billion, a P/E ratio of 6.73 and a beta of 0.61. The company's fifty day moving average price is $28.31 and its 200-day moving average price is $29.02.
Honda Motor (NYSE:HMC - Get Free Report) last announced its earnings results on Thursday, February 13th. The company reported $1.31 EPS for the quarter, beating the consensus estimate of $0.94 by $0.37. The business 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%. As a group, research analysts expect that Honda Motor Co., Ltd. will post 3.99 earnings per share for the current year.
Analyst Ratings Changes
Several research firms have recently issued reports on HMC. UBS Group raised Honda Motor from a "sell" rating to a "neutral" rating in a research note on Wednesday, December 18th. StockNews.com upgraded shares of Honda Motor from a "hold" rating to a "buy" rating in a report on Wednesday, February 19th.
View Our Latest Stock Report on HMC
Honda Motor Company 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.
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