Pathstone Holdings LLC Purchases 1,200 Shares of Honda Motor Co., Ltd. (NYSE:HMC)

Pathstone Holdings LLC lifted its holdings in Honda Motor Co., Ltd. (NYSE:HMC) by 1.9% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 62,832 shares of the company’s stock after buying an additional 1,200 shares during the period. Pathstone Holdings LLC’s holdings in Honda Motor were worth $1,994,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Rothschild Investment LLC acquired a new position in Honda Motor in the second quarter valued at approximately $28,000. LRI Investments LLC lifted its position in shares of Honda Motor by 1,263.6% during the 2nd quarter. LRI Investments LLC now owns 900 shares of the company’s stock valued at $29,000 after acquiring an additional 834 shares during the period. Family Firm Inc. bought a new position in Honda Motor during the second quarter worth $35,000. Addison Advisors LLC grew its holdings in Honda Motor by 391.2% in the third quarter. Addison Advisors LLC now owns 1,282 shares of the company’s stock worth $41,000 after purchasing an additional 1,021 shares during the period. Finally, Mather Group LLC. increased its stake in Honda Motor by 15,153.8% in the second quarter. Mather Group LLC. now owns 1,983 shares of the company’s stock valued at $64,000 after purchasing an additional 1,970 shares in the last quarter. Institutional investors own 5.32% of the company’s stock.

Honda Motor Trading Down 2.9 %

NYSE HMC opened at $25.89 on Wednesday. Honda Motor Co., Ltd. has a 52 week low of $25.57 and a 52 week high of $37.90. The business has a 50 day moving average price of $30.01 and a 200-day moving average price of $31.32. The company has a quick ratio of 1.12, a current ratio of 1.43 and a debt-to-equity ratio of 0.49. The company has a market cap of $44.29 billion, a price-to-earnings ratio of 6.39, a P/E/G ratio of 2.69 and a beta of 0.67.

Honda Motor (NYSE:HMC) last released its quarterly earnings data on Wednesday, November 6th. The company reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.86 by ($0.43). The business had revenue of $36.24 billion for the quarter, compared to analyst estimates of $35.60 billion. Honda Motor had a return on equity of 7.53% and a net margin of 4.53%. As a group, equities analysts expect that Honda Motor Co., Ltd. will post 3.99 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded Honda Motor from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 2nd.

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.