Sei Investments Co. boosted its stake in Honda Motor Co., Ltd. (NYSE:HMC – Free Report) by 1.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 159,938 shares of the company’s stock after acquiring an additional 1,815 shares during the period. Sei Investments Co.’s holdings in Honda Motor were worth $4,566,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of HMC. American Century Companies Inc. raised its position in Honda Motor by 6.7% in the fourth quarter. American Century Companies Inc. now owns 500,097 shares of the company’s stock worth $14,278,000 after acquiring an additional 31,267 shares in the last quarter. Quantbot Technologies LP acquired a new stake in shares of Honda Motor in the 4th quarter worth approximately $982,000. Summit Global Investments raised its holdings in Honda Motor by 26.5% during the fourth quarter. Summit Global Investments now owns 109,587 shares of the company’s stock worth $3,129,000 after purchasing an additional 22,966 shares during the last quarter. Boston Partners raised its holdings in Honda Motor by 10.9% during the fourth quarter. Boston Partners now owns 43,322 shares of the company’s stock worth $1,237,000 after purchasing an additional 4,252 shares during the last quarter. Finally, PDS Planning Inc boosted its position in shares of Honda Motor by 46.6% in the 4th quarter. PDS Planning Inc now owns 9,897 shares of the company’s stock worth $283,000 after buying an additional 3,148 shares in the last quarter. 5.32% of the stock is currently owned by hedge funds and other institutional investors.
Honda Motor Trading Up 2.0 %
NYSE HMC opened at $27.34 on Thursday. The company has a market capitalization of $42.67 billion, a price-to-earnings ratio of 6.36 and a beta of 0.57. Honda Motor Co., Ltd. has a 12 month low of $23.41 and a 12 month high of $37.34. The company’s fifty day moving average price is $28.41 and its two-hundred day moving average price is $28.67. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.38 and a quick ratio of 1.10.
Analysts Set New Price Targets
A number of equities research analysts have commented on the company. UBS Group upgraded Honda Motor from a “sell” rating to a “neutral” rating in a report on Wednesday, December 18th. StockNews.com raised shares of Honda Motor from a “hold” rating to a “buy” rating in a research note on Wednesday, February 19th.
Get Our Latest Analysis on Honda Motor
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.
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