Quinn Opportunity Partners LLC Takes Position in Honda Motor Co., Ltd. (NYSE:HMC)

Quinn Opportunity Partners LLC acquired a new position in Honda Motor Co., Ltd. (NYSE:HMC) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 22,136 shares of the company’s stock, valued at approximately $632,000.

Other hedge funds have also recently bought and sold shares of the company. Arrowstreet Capital Limited Partnership bought a new stake in shares of Honda Motor during the 4th quarter worth about $23,272,000. Connor Clark & Lunn Investment Management Ltd. boosted its position in Honda Motor by 153.8% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 668,092 shares of the company’s stock worth $19,074,000 after purchasing an additional 404,883 shares during the period. Brandes Investment Partners LP boosted its position in Honda Motor by 13.1% during the fourth quarter. Brandes Investment Partners LP now owns 570,169 shares of the company’s stock worth $16,278,000 after purchasing an additional 66,030 shares during the period. American Century Companies Inc. raised its position in shares of Honda Motor by 6.7% in the fourth quarter. American Century Companies Inc. now owns 500,097 shares of the company’s stock valued at $14,278,000 after purchasing an additional 31,267 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in shares of Honda Motor in the fourth quarter worth $11,909,000. 5.32% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. UBS Group upgraded 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 research report on Wednesday, February 19th.

Honda Motor Stock Up 3.8 %

Shares of HMC stock opened at $27.62 on Friday. The stock has a 50 day moving average of $28.06 and a 200-day moving average of $28.31. The firm has a market cap of $43.11 billion, a PE ratio of 6.42 and a beta of 0.57. 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 Co., Ltd. has a 12 month low of $23.41 and a 12 month high of $36.52.

Honda Motor (NYSE:HMC) last released 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 firm had revenue of $36.31 billion during the quarter, compared to analysts’ expectations of $35.31 billion. Honda Motor had a net margin of 4.76% and a return on equity of 7.81%. On average, equities analysts predict that Honda Motor Co., Ltd. will post 3.99 EPS for the current year.

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.