Honda Motor Co., Ltd. (NYSE:HMC) Shares Sold by Addenda Capital Inc.

Addenda Capital Inc. trimmed its stake in shares of Honda Motor Co., Ltd. (NYSE:HMCFree Report) by 0.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 200,541 shares of the company’s stock after selling 571 shares during the quarter. Addenda Capital Inc.’s holdings in Honda Motor were worth $5,725,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in HMC. FMR LLC lifted its holdings in shares of Honda Motor by 52.5% in the 3rd quarter. FMR LLC now owns 1,355,835 shares of the company’s stock valued at $43,021,000 after buying an additional 466,842 shares during the period. Sanctuary Advisors LLC acquired a new stake in shares of Honda Motor in the 2nd quarter valued at approximately $8,635,000. Fisher Asset Management LLC boosted its position in Honda Motor by 2.3% during the third quarter. Fisher Asset Management LLC now owns 10,345,816 shares of the company’s stock worth $328,273,000 after purchasing an additional 227,890 shares in the last quarter. International Assets Investment Management LLC increased its position in shares of Honda Motor by 1,906.3% in the third quarter. International Assets Investment Management LLC now owns 193,712 shares of the company’s stock valued at $6,105,000 after buying an additional 184,057 shares in the last quarter. Finally, Gilman Hill Asset Management LLC acquired a new position in shares of Honda Motor during the 4th quarter worth $4,772,000. 5.32% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have weighed in on HMC. UBS Group upgraded shares of Honda Motor from a “sell” rating to a “neutral” rating in a report on Wednesday, December 18th. StockNews.com lowered shares of Honda Motor from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 2nd.

Check Out Our Latest Analysis on Honda Motor

Honda Motor Stock Performance

NYSE HMC opened at $28.20 on Tuesday. The company has a current ratio of 1.43, a quick ratio of 1.12 and a debt-to-equity ratio of 0.49. The company has a market capitalization of $44.02 billion, a PE ratio of 6.96 and a beta of 0.59. The business’s 50-day moving average price is $26.91 and its 200 day moving average price is $29.83. Honda Motor Co., Ltd. has a twelve month low of $23.41 and a twelve month high of $37.90.

Honda Motor (NYSE:HMCGet Free Report) last issued its quarterly earnings results on Wednesday, November 6th. The company reported $0.43 EPS for the quarter, missing the consensus estimate of $0.86 by ($0.43). The company 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%. On average, research analysts predict that Honda Motor Co., Ltd. will post 4.2 earnings per share for the current year.

Honda Motor Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Honda Motor (NYSE:HMC)

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