JPMorgan Chase & Co. Has $1.83 Million Holdings in Honda Motor Co., Ltd. (NYSE:HMC)

JPMorgan Chase & Co. increased its stake in shares of Honda Motor Co., Ltd. (NYSE:HMC) by 22.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 57,739 shares of the company’s stock after acquiring an additional 10,720 shares during the quarter. JPMorgan Chase & Co.’s holdings in Honda Motor were worth $1,832,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of HMC. Wilmington Savings Fund Society FSB acquired a new position in shares of Honda Motor during the third quarter valued at $36,000. Addison Advisors LLC raised its holdings in Honda Motor by 391.2% during the 3rd quarter. Addison Advisors LLC now owns 1,282 shares of the company’s stock worth $41,000 after purchasing an additional 1,021 shares during the last quarter. GAMMA Investing LLC lifted its position in Honda Motor by 31.0% during the 3rd quarter. GAMMA Investing LLC now owns 2,382 shares of the company’s stock valued at $76,000 after purchasing an additional 564 shares during the period. BNP Paribas Financial Markets boosted its stake in shares of Honda Motor by 84.6% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,510 shares of the company’s stock valued at $80,000 after purchasing an additional 1,150 shares during the last quarter. Finally, Transamerica Financial Advisors Inc. bought a new stake in shares of Honda Motor during the third quarter worth approximately $111,000. 5.32% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on HMC. StockNews.com cut shares of Honda Motor from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 2nd. UBS Group raised Honda Motor from a “sell” rating to a “neutral” rating in a research note on Wednesday, December 18th.

Honda Motor Price Performance

Shares of HMC opened at $28.47 on Thursday. 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 stock has a market cap of $44.43 billion, a P/E ratio of 7.03 and a beta of 0.59. The stock’s 50-day moving average price is $26.98 and its two-hundred day moving average price is $29.77. Honda Motor Co., Ltd. has a 1 year low of $23.41 and a 1 year high of $37.90.

Honda Motor (NYSE:HMC) last released its quarterly earnings data on Wednesday, November 6th. The company reported $0.43 earnings per share 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 the consensus estimate of $35.60 billion. On average, equities analysts predict that Honda Motor Co., Ltd. will post 4.2 earnings per share for the current 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.