Steward Partners Investment Advisory LLC Has $209,000 Position in Honda Motor Co., Ltd. (NYSE:HMC)

Steward Partners Investment Advisory LLC lifted its stake in shares of Honda Motor Co., Ltd. (NYSE:HMC) by 851.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,334 shares of the company’s stock after purchasing an additional 6,563 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in Honda Motor were worth $209,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in HMC. FMR LLC boosted its position in shares of Honda Motor by 52.5% during the 3rd quarter. FMR LLC now owns 1,355,835 shares of the company’s stock worth $43,021,000 after purchasing an additional 466,842 shares in the last quarter. Fisher Asset Management LLC lifted its position in Honda Motor by 2.3% in the 3rd quarter. Fisher Asset Management LLC now owns 10,345,816 shares of the company’s stock valued at $328,273,000 after acquiring an additional 227,890 shares in the last quarter. Gilman Hill Asset Management LLC bought a new position in Honda Motor in the 4th quarter valued at about $4,772,000. HITE Hedge Asset Management LLC lifted its position in Honda Motor by 1,392.9% in the 3rd quarter. HITE Hedge Asset Management LLC now owns 138,539 shares of the company’s stock valued at $4,396,000 after acquiring an additional 129,259 shares in the last quarter. Finally, Quantinno Capital Management LP lifted its position in Honda Motor by 37.2% in the 3rd quarter. Quantinno Capital Management LP now owns 184,404 shares of the company’s stock valued at $5,851,000 after acquiring an additional 49,963 shares in the last quarter. Institutional investors own 5.32% of the company’s stock.

Honda Motor Trading Up 2.1 %

NYSE:HMC opened at $29.45 on Friday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.10 and a current ratio of 1.38. The firm has a market cap of $45.96 billion, a price-to-earnings ratio of 6.85 and a beta of 0.61. Honda Motor Co., Ltd. has a 52 week low of $23.41 and a 52 week high of $37.90. The firm has a 50-day moving average price of $28.36 and a two-hundred day moving average price of $28.93.

Honda Motor (NYSE:HMC) last posted its quarterly earnings data on Thursday, February 13th. The company reported $1.31 EPS for the quarter, beating the consensus estimate of $0.94 by $0.37. Honda Motor had a net margin of 4.76% and a return on equity of 7.81%. The firm had revenue of $36.31 billion during the quarter, compared to analyst estimates of $35.31 billion. On average, equities analysts expect that Honda Motor Co., Ltd. will post 3.99 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. UBS Group raised shares of Honda Motor from a “sell” rating to a “neutral” rating in a research report on Wednesday, December 18th. StockNews.com raised shares of Honda Motor from a “hold” rating to a “buy” rating in a research report on Wednesday, February 19th.

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.