Callan Family Office LLC Buys Shares of 22,905 Honda Motor Co., Ltd. (NYSE:HMC)

Callan Family Office LLC bought a new position in shares of Honda Motor Co., Ltd. (NYSE:HMC) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 22,905 shares of the company’s stock, valued at approximately $654,000.

Other institutional investors also recently modified their holdings of the company. Raymond James Financial Inc. bought a new stake in shares of Honda Motor during the fourth quarter worth about $11,909,000. Aigen Investment Management LP bought a new stake in Honda Motor during the 4th quarter worth approximately $572,000. Steward Partners Investment Advisory LLC grew its holdings in Honda Motor by 851.2% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 7,334 shares of the company’s stock worth $209,000 after acquiring an additional 6,563 shares during the last quarter. Schechter Investment Advisors LLC increased its position in Honda Motor by 4.2% in the 4th quarter. Schechter Investment Advisors LLC now owns 30,755 shares of the company’s stock valued at $878,000 after acquiring an additional 1,238 shares during the period. Finally, Jones Financial Companies Lllp raised its stake in shares of Honda Motor by 60.4% during the fourth quarter. Jones Financial Companies Lllp now owns 5,323 shares of the company’s stock valued at $152,000 after acquiring an additional 2,005 shares during the last quarter. 5.32% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently weighed in on HMC shares. UBS Group raised shares of Honda Motor from a “sell” rating to a “neutral” rating in a research note on Wednesday, December 18th. StockNews.com upgraded Honda Motor from a “hold” rating to a “buy” rating in a research report on Wednesday, February 19th.

Honda Motor Stock Performance

NYSE:HMC opened at $29.19 on Monday. The company has a market capitalization of $45.55 billion, a PE ratio of 6.79 and a beta of 0.61. Honda Motor Co., Ltd. has a fifty-two week low of $23.41 and a fifty-two week 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. The company has a 50 day simple moving average of $28.31 and a two-hundred day simple moving average of $29.02.

Honda Motor (NYSE:HMC) last announced its 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 business had revenue of $36.31 billion during the quarter, compared to the consensus estimate of $35.31 billion. Honda Motor had a net margin of 4.76% and a return on equity of 7.81%. Research analysts anticipate that Honda Motor Co., Ltd. will post 3.99 earnings per share for the current year.

About Honda Motor

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.