American Century Companies Inc. Purchases 41,216 Shares of Honda Motor Co., Ltd. (NYSE:HMC)

American Century Companies Inc. boosted its position in Honda Motor Co., Ltd. (NYSE:HMC) by 10.3% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 442,458 shares of the company’s stock after acquiring an additional 41,216 shares during the period. American Century Companies Inc.’s holdings in Honda Motor were worth $14,265,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. GAMMA Investing LLC increased its position in shares of Honda Motor by 23.0% during the first quarter. GAMMA Investing LLC now owns 1,673 shares of the company’s stock valued at $62,000 after buying an additional 313 shares during the period. RFP Financial Group LLC increased its position in shares of Honda Motor by 91.3% during the first quarter. RFP Financial Group LLC now owns 662 shares of the company’s stock valued at $25,000 after buying an additional 316 shares during the period. Gallacher Capital Management LLC increased its position in shares of Honda Motor by 2.6% during the first quarter. Gallacher Capital Management LLC now owns 13,370 shares of the company’s stock valued at $498,000 after buying an additional 336 shares during the period. Ballentine Partners LLC increased its position in shares of Honda Motor by 3.4% during the second quarter. Ballentine Partners LLC now owns 10,957 shares of the company’s stock valued at $353,000 after buying an additional 359 shares during the period. Finally, Envestnet Portfolio Solutions Inc. increased its position in shares of Honda Motor by 2.1% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 18,861 shares of the company’s stock valued at $702,000 after buying an additional 395 shares during the period. 5.32% of the stock is currently owned by institutional investors.

Honda Motor Stock Up 0.3 %

Shares of NYSE HMC opened at $32.72 on Friday. Honda Motor Co., Ltd. has a 12 month low of $27.69 and a 12 month high of $37.90. The company has a current ratio of 1.37, a quick ratio of 1.07 and a debt-to-equity ratio of 0.45. The firm has a market capitalization of $55.97 billion, a price-to-earnings ratio of 6.93, a PEG ratio of 2.88 and a beta of 0.67. The business has a 50-day moving average of $31.54 and a 200-day moving average of $33.23.

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

Analyst Ratings Changes

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

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.