Honda Motor Co., Ltd. (NYSE:HMC) Shares Acquired by Fmr LLC

Fmr LLC lifted its position in Honda Motor Co., Ltd. (NYSE:HMC) by 52.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,355,835 shares of the company’s stock after acquiring an additional 466,842 shares during the period. Fmr LLC’s holdings in Honda Motor were worth $43,021,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cetera Advisors LLC purchased a new position in shares of Honda Motor in the first quarter worth about $491,000. Park Avenue Securities LLC boosted its holdings in Honda Motor by 2.6% in the second quarter. Park Avenue Securities LLC now owns 23,450 shares of the company’s stock valued at $756,000 after purchasing an additional 586 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in Honda Motor by 34.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 13,134 shares of the company’s stock worth $423,000 after purchasing an additional 3,395 shares during the period. Envestnet Portfolio Solutions Inc. raised its stake in shares of Honda Motor by 3.7% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 19,558 shares of the company’s stock valued at $631,000 after buying an additional 697 shares during the last quarter. Finally, Blue Trust Inc. lifted its holdings in shares of Honda Motor by 179.6% in the 2nd quarter. Blue Trust Inc. now owns 3,476 shares of the company’s stock valued at $112,000 after buying an additional 2,233 shares during the period. Hedge funds and other institutional investors own 5.32% of the company’s stock.

Honda Motor Price Performance

HMC opened at $26.04 on Friday. The company has a current ratio of 1.43, a quick ratio of 1.12 and a debt-to-equity ratio of 0.49. The firm has a fifty day moving average price of $28.93 and a 200 day moving average price of $30.91. Honda Motor Co., Ltd. has a 1 year low of $25.56 and a 1 year high of $37.90.

Honda Motor (NYSE:HMC) last posted its earnings results on Wednesday, November 6th. The company reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.86 by ($0.43). Honda Motor had a return on equity of 7.53% and a net margin of 4.53%. The firm had revenue of $36.24 billion for the quarter, compared to analysts’ expectations of $35.60 billion. On average, research analysts anticipate that Honda Motor Co., Ltd. will post 4.09 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, StockNews.com cut Honda Motor from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 2nd.

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.