Charles Schwab Investment Management Inc. Grows Holdings in Honda Motor Co., Ltd. (NYSE:HMC)

Charles Schwab Investment Management Inc. increased its stake in Honda Motor Co., Ltd. (NYSE:HMC) by 27.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 98,786 shares of the company’s stock after buying an additional 21,390 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Honda Motor were worth $3,134,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Equity Investment Corp raised its stake in shares of Honda Motor by 1.8% in the 3rd quarter. Equity Investment Corp now owns 2,097,616 shares of the company’s stock valued at $66,557,000 after purchasing an additional 36,221 shares in the last quarter. Cubist Systematic Strategies LLC acquired a new stake in Honda Motor during the second quarter valued at approximately $3,595,000. International Assets Investment Management LLC lifted its holdings in Honda Motor by 1,906.3% during the 3rd quarter. International Assets Investment Management LLC now owns 193,712 shares of the company’s stock worth $6,105,000 after buying an additional 184,057 shares during the last quarter. Park Avenue Securities LLC grew its position in shares of Honda Motor by 76.4% in the 3rd quarter. Park Avenue Securities LLC now owns 41,358 shares of the company’s stock worth $1,312,000 after acquiring an additional 17,908 shares in the last quarter. Finally, Blue Trust Inc. increased 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 acquiring an additional 2,233 shares during the last quarter. 5.32% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Honda Motor Trading Down 0.4 %

HMC opened at $25.46 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 company’s 50-day moving average price is $28.30 and its 200 day moving average price is $30.65. Honda Motor Co., Ltd. has a fifty-two week low of $25.33 and a fifty-two week high of $37.90.

Honda Motor (NYSE:HMC) last announced its quarterly 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). The company had revenue of $36.24 billion during the quarter, compared to the consensus estimate of $35.60 billion. Honda Motor had a return on equity of 7.53% and a net margin of 4.53%. Equities research analysts predict that Honda Motor Co., Ltd. will post 4.09 EPS for the current fiscal year.

Honda Motor 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.