Honda Motor Co., Ltd. (NYSE:HMC) Stock Holdings Trimmed by Fisher Asset Management LLC

Fisher Asset Management LLC lessened its holdings in shares of Honda Motor Co., Ltd. (NYSE:HMC) by 2.0% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 10,138,916 shares of the company’s stock after selling 206,900 shares during the quarter. Fisher Asset Management LLC’s holdings in Honda Motor were worth $289,466,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of HMC. Oppenheimer Asset Management Inc. boosted its stake in Honda Motor by 0.8% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 49,165 shares of the company’s stock valued at $1,404,000 after purchasing an additional 401 shares in the last quarter. Sanctuary Advisors LLC lifted its holdings in shares of Honda Motor by 5.9% in the fourth quarter. Sanctuary Advisors LLC now owns 33,709 shares of the company’s stock valued at $966,000 after buying an additional 1,885 shares during the period. Manchester Capital Management LLC bought a new position in Honda Motor during the fourth quarter valued at about $40,000. Rhumbline Advisers grew its holdings in Honda Motor by 1.1% during the fourth quarter. Rhumbline Advisers now owns 40,775 shares of the company’s stock worth $1,164,000 after acquiring an additional 457 shares during the period. Finally, Asset Planning Inc bought a new stake in Honda Motor in the fourth quarter worth about $25,000. Institutional investors own 5.32% of the company’s stock.

Honda Motor Trading Up 0.6 %

Shares of NYSE HMC opened at $27.80 on Friday. The business has a fifty day simple moving average of $28.25 and a 200-day simple moving average of $29.16. The company has a market cap of $43.40 billion, a price-to-earnings ratio of 6.47 and a beta of 0.58. 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.

Honda Motor (NYSE:HMC) last posted its quarterly earnings data on Thursday, February 13th. The company reported $1.31 EPS for the quarter, beating analysts’ consensus estimates of $0.94 by $0.37. The company had revenue of $36.31 billion during the quarter, compared to analyst estimates of $35.31 billion. Honda Motor had a net margin of 4.76% and a return on equity of 7.81%. Sell-side analysts predict that Honda Motor Co., Ltd. will post 3.99 EPS for the current year.

Wall Street Analyst Weigh In

HMC has been the subject of several research reports. 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 raised Honda Motor from a “hold” rating to a “buy” rating in a report on Wednesday, February 19th.

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.