Blue Trust Inc. Increases Stock Position in Honda Motor Co., Ltd. (NYSE:HMC)

Blue Trust Inc. boosted its holdings in Honda Motor Co., Ltd. (NYSE:HMC) by 139.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,329 shares of the company’s stock after purchasing an additional 4,853 shares during the quarter. Blue Trust Inc.’s holdings in Honda Motor were worth $269,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. RFP Financial Group LLC increased its stake in Honda Motor by 91.3% in the first quarter. RFP Financial Group LLC now owns 662 shares of the company’s stock valued at $25,000 after purchasing an additional 316 shares during the period. Rothschild Investment LLC purchased a new position in shares of Honda Motor during the second quarter worth about $28,000. LRI Investments LLC increased its position in Honda Motor by 1,263.6% in the 2nd quarter. LRI Investments LLC now owns 900 shares of the company’s stock valued at $29,000 after acquiring an additional 834 shares during the period. Family Firm Inc. purchased a new stake in Honda Motor during the 2nd quarter valued at approximately $35,000. Finally, Mather Group LLC. lifted its position in Honda Motor by 15,153.8% during the 2nd quarter. Mather Group LLC. now owns 1,983 shares of the company’s stock worth $64,000 after acquiring an additional 1,970 shares during the period. Institutional investors and hedge funds own 5.32% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com lowered Honda Motor from a “strong-buy” rating to a “buy” rating in a report on Wednesday.

Honda Motor Stock Performance

Shares of HMC opened at $30.28 on Friday. The stock has a market capitalization of $51.79 billion, a P/E ratio of 6.41, a P/E/G ratio of 2.76 and a beta of 0.67. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.07 and a current ratio of 1.37. Honda Motor Co., Ltd. has a 1 year low of $27.69 and a 1 year high of $37.90. The company’s fifty day moving average is $31.91 and its two-hundred day moving average is $32.48.

Honda Motor (NYSE:HMC) last issued its quarterly earnings results on Wednesday, August 7th. The company reported $1.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.19 by $0.38. The business had revenue of $34.67 billion for the quarter, compared to analyst estimates of $33.75 billion. Honda Motor had a net margin of 5.34% and a return on equity of 8.72%. On average, sell-side analysts predict that Honda Motor Co., Ltd. will post 4.6 earnings per share for the current 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.