Callan Family Office LLC Buys New Shares in Honda Motor Co., Ltd. (NYSE:HMC)

Callan Family Office LLC purchased a new position in Honda Motor Co., Ltd. (NYSE:HMC) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 22,905 shares of the company’s stock, valued at approximately $654,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Asset Planning Inc acquired a new position in shares of Honda Motor during the fourth quarter worth approximately $25,000. R Squared Ltd acquired a new position in Honda Motor during the fourth quarter worth $30,000. Wilmington Savings Fund Society FSB acquired a new position in Honda Motor during the third quarter worth $36,000. Manchester Capital Management LLC bought a new position in shares of Honda Motor in the fourth quarter valued at $40,000. Finally, Addison Advisors LLC grew its holdings in shares of Honda Motor by 391.2% during the third quarter. Addison Advisors LLC now owns 1,282 shares of the company’s stock valued at $41,000 after buying an additional 1,021 shares during the last quarter. 5.32% of the stock is owned by institutional investors.

Honda Motor Stock Performance

Shares of HMC stock opened at $29.19 on Monday. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.38 and a quick ratio of 1.10. The firm has a 50-day moving average of $28.31 and a 200-day moving average of $29.02. Honda Motor Co., Ltd. has a one year low of $23.41 and a one year high of $37.90. The company has a market cap of $45.55 billion, a P/E ratio of 6.79 and a beta of 0.61.

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

Wall Street Analyst Weigh In

HMC has been the topic of several recent research reports. StockNews.com raised shares of Honda Motor from a “hold” rating to a “buy” rating in a research report on Wednesday, February 19th. UBS Group upgraded Honda Motor from a “sell” rating to a “neutral” rating in a report on Wednesday, December 18th.

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.