Oppenheimer Asset Management Inc. Has $1.57 Million Stock Position in Honda Motor Co., Ltd. (NYSE:HMC)

Oppenheimer Asset Management Inc. raised its position in Honda Motor Co., Ltd. (NYSE:HMC) by 5.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 48,698 shares of the company’s stock after buying an additional 2,449 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Honda Motor were worth $1,570,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Fisher Asset Management LLC boosted its holdings in shares of Honda Motor by 2.5% in the 4th quarter. Fisher Asset Management LLC now owns 9,644,064 shares of the company’s stock worth $298,098,000 after acquiring an additional 232,148 shares in the last quarter. Mondrian Investment Partners LTD raised its position in Honda Motor by 20.9% in the 1st quarter. Mondrian Investment Partners LTD now owns 5,176,690 shares of the company’s stock valued at $191,538,000 after purchasing an additional 896,048 shares during the last quarter. Equity Investment Corp boosted its stake in Honda Motor by 1.6% in the second quarter. Equity Investment Corp now owns 2,061,395 shares of the company’s stock worth $66,459,000 after purchasing an additional 33,067 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Honda Motor by 9.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,692,108 shares of the company’s stock worth $52,303,000 after purchasing an additional 141,552 shares during the last quarter. Finally, LSV Asset Management increased its stake in shares of Honda Motor by 2.5% in the first quarter. LSV Asset Management now owns 502,342 shares of the company’s stock valued at $18,702,000 after buying an additional 12,200 shares in the last quarter. 5.32% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Honda Motor from a “buy” rating to a “strong-buy” rating in a research report on Thursday, July 11th.

Honda Motor Price Performance

HMC opened at $31.73 on Thursday. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.37 and a quick ratio of 1.07. The stock has a market capitalization of $54.28 billion, a P/E ratio of 6.72, a price-to-earnings-growth ratio of 2.88 and a beta of 0.67. The company’s 50 day simple moving average is $31.53 and its 200-day simple moving average is $33.28. Honda Motor Co., Ltd. has a one year low of $27.69 and a one year high of $37.90.

Honda Motor (NYSE:HMC) last announced its quarterly earnings data on Wednesday, August 7th. The company reported $1.57 EPS for the quarter, beating analysts’ consensus estimates of $1.19 by $0.38. The firm had revenue of $34.67 billion for the quarter, compared to analyst estimates of $33.75 billion. Honda Motor had a return on equity of 8.72% and a net margin of 5.34%. Sell-side analysts anticipate that Honda Motor Co., Ltd. will post 4.44 earnings per share for the current fiscal 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.