Honda Motor Co., Ltd. (NYSE:HMC) Shares Acquired by Foster & Motley Inc.

Foster & Motley Inc. raised its holdings in Honda Motor Co., Ltd. (NYSE:HMC) by 17.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 96,964 shares of the company’s stock after buying an additional 14,342 shares during the period. Foster & Motley Inc.’s holdings in Honda Motor were worth $2,997,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of HMC. Pinnacle Bancorp Inc. increased its position in shares of Honda Motor by 324.4% during the fourth quarter. Pinnacle Bancorp Inc. now owns 904 shares of the company’s stock worth $28,000 after purchasing an additional 691 shares in the last quarter. Ramirez Asset Management Inc. purchased a new position in shares of Honda Motor during the third quarter worth about $30,000. Anchor Investment Management LLC purchased a new stake in Honda Motor in the 4th quarter valued at approximately $31,000. Private Trust Co. NA boosted its holdings in shares of Honda Motor by 77.6% during the third quarter. Private Trust Co. NA now owns 975 shares of the company’s stock worth $33,000 after purchasing an additional 426 shares during the last quarter. Finally, Allworth Financial LP boosted its holdings in shares of Honda Motor by 186.1% during the third quarter. Allworth Financial LP now owns 1,153 shares of the company’s stock worth $39,000 after purchasing an additional 750 shares during the last quarter. 5.32% of the stock is currently owned by institutional investors and hedge funds.

Honda Motor Trading Down 0.5 %

Shares of HMC opened at $34.37 on Tuesday. The company has a current ratio of 1.45, a quick ratio of 1.13 and a debt-to-equity ratio of 0.44. The firm has a market capitalization of $58.40 billion, a P/E ratio of 8.15, a price-to-earnings-growth ratio of 0.36 and a beta of 0.71. The stock’s fifty day simple moving average is $35.86 and its 200 day simple moving average is $33.28. Honda Motor Co., Ltd. has a twelve month low of $25.75 and a twelve month high of $37.90.

Honda Motor (NYSE:HMC) last issued its earnings results on Friday, February 9th. The company reported $1.06 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.21. Honda Motor had a return on equity of 8.04% and a net margin of 5.05%. The business had revenue of $36.50 billion for the quarter, compared to analyst estimates of $37.68 billion. On average, equities research analysts forecast that Honda Motor Co., Ltd. will post 4.2 earnings per share for the current year.

Honda Motor 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.