Park Avenue Securities LLC Has $393,000 Stock Position in Honda Motor Co., Ltd. (NYSE:HMC)

Park Avenue Securities LLC cut its position in Honda Motor Co., Ltd. (NYSE:HMC) by 66.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,781 shares of the company’s stock after selling 27,577 shares during the quarter. Park Avenue Securities LLC’s holdings in Honda Motor were worth $393,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of HMC. FMR LLC increased its stake in shares of Honda Motor by 52.5% in the third 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 during the period. Sanctuary Advisors LLC acquired a new position in shares of Honda Motor during the second quarter worth approximately $8,635,000. Fisher Asset Management LLC lifted its holdings in shares of Honda Motor by 2.3% during the third quarter. Fisher Asset Management LLC now owns 10,345,816 shares of the company’s stock worth $328,273,000 after buying an additional 227,890 shares during the last quarter. International Assets Investment Management LLC boosted its position in shares of Honda Motor by 1,906.3% in the third quarter. International Assets Investment Management LLC now owns 193,712 shares of the company’s stock valued at $6,105,000 after acquiring an additional 184,057 shares during the period. Finally, HITE Hedge Asset Management LLC grew its stake in shares of Honda Motor by 1,392.9% in the third quarter. HITE Hedge Asset Management LLC now owns 138,539 shares of the company’s stock worth $4,396,000 after acquiring an additional 129,259 shares during the last quarter. Institutional investors own 5.32% of the company’s stock.

Honda Motor Stock Up 0.2 %

HMC opened at $28.65 on Friday. The company has a market capitalization of $44.71 billion, a P/E ratio of 7.07 and a beta of 0.59. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.43 and a quick ratio of 1.12. The firm’s fifty day moving average price is $27.09 and its two-hundred day moving average price is $29.75. Honda Motor Co., Ltd. has a fifty-two week low of $23.41 and a fifty-two week high of $37.90.

Honda Motor (NYSE:HMC) last issued its quarterly earnings data on Wednesday, November 6th. The company reported $0.43 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.43). The company had revenue of $36.24 billion for the quarter, compared to the consensus estimate of $35.60 billion. Honda Motor had a net margin of 4.53% and a return on equity of 7.53%. On average, analysts anticipate that Honda Motor Co., Ltd. will post 4.2 EPS for the current year.

Analysts Set New Price Targets

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

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.