Honda Motor Co., Ltd. (NYSE:HMC) Shares Bought by Quantinno Capital Management LP

Quantinno Capital Management LP grew its holdings in shares of Honda Motor Co., Ltd. (NYSE:HMC) by 15.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 212,443 shares of the company’s stock after purchasing an additional 28,039 shares during the period. Quantinno Capital Management LP’s holdings in Honda Motor were worth $6,065,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Asset Planning Inc acquired a new stake in shares of Honda Motor during the fourth quarter worth $25,000. Murphy & Mullick Capital Management Corp acquired a new stake in shares of Honda Motor in the 4th quarter worth about $26,000. R Squared Ltd acquired a new stake in shares of Honda Motor in the 4th quarter worth about $30,000. Manchester Capital Management LLC acquired a new stake in shares of Honda Motor in the 4th quarter worth about $40,000. Finally, National Bank of Canada FI increased its holdings in shares of Honda Motor by 277.7% in the 4th quarter. National Bank of Canada FI now owns 1,809 shares of the company’s stock worth $52,000 after acquiring an additional 1,330 shares during the period. 5.32% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. StockNews.com cut shares of Honda Motor from a “buy” rating to a “hold” rating in a research note on Wednesday. Sanford C. Bernstein initiated coverage on shares of Honda Motor in a research note on Monday, April 14th. They set a “market perform” rating on the stock.

Honda Motor Stock Performance

NYSE:HMC opened at $29.16 on Friday. Honda Motor Co., Ltd. has a twelve month low of $23.41 and a twelve month high of $34.05. The company has a current ratio of 1.38, a quick ratio of 1.10 and a debt-to-equity ratio of 0.51. The company has a 50-day moving average of $28.96 and a 200-day moving average of $28.06. The firm has a market cap of $45.51 billion, a price-to-earnings ratio of 6.78 and a beta of 0.55.

Honda Motor (NYSE:HMC) last posted its quarterly earnings data on Tuesday, May 13th. The company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.72 by ($0.54). Honda Motor had a net margin of 4.76% and a return on equity of 7.81%. The business had revenue of $36.25 billion for the quarter, compared to the consensus estimate of $5,371.99 billion. Analysts forecast that Honda Motor Co., Ltd. will post 3.99 earnings per share for the current fiscal 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.