Blue Trust Inc. Sells 418 Shares of Honda Motor Co., Ltd. (NYSE:HMC)

Blue Trust Inc. reduced its stake in Honda Motor Co., Ltd. (NYSE:HMC) by 5.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 7,911 shares of the company’s stock after selling 418 shares during the quarter. Blue Trust Inc.’s holdings in Honda Motor were worth $226,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Asset Planning Inc acquired a new position in Honda Motor during the fourth quarter valued at approximately $25,000. Essex Financial Services Inc. acquired a new position in Honda Motor during the fourth quarter valued at approximately $205,000. XY Capital Ltd acquired a new position in Honda Motor during the fourth quarter valued at approximately $1,294,000. Savant Capital LLC grew its holdings in Honda Motor by 37.1% during the fourth quarter. Savant Capital LLC now owns 8,835 shares of the company’s stock valued at $252,000 after purchasing an additional 2,390 shares during the last quarter. Finally, Optas LLC grew its holdings in Honda Motor by 82.1% during the fourth quarter. Optas LLC now owns 11,646 shares of the company’s stock valued at $332,000 after purchasing an additional 5,251 shares during the last quarter. Institutional investors own 5.32% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on HMC. StockNews.com upgraded Honda Motor from a “hold” rating to a “buy” rating in a report on Wednesday. UBS Group upgraded shares of Honda Motor from a “sell” rating to a “neutral” rating in a research note on Wednesday, December 18th.

Honda Motor Trading Down 1.9 %

Shares of Honda Motor stock opened at $27.14 on Thursday. The company’s fifty day simple moving average is $27.86 and its 200-day simple moving average is $29.25. The company has a market cap of $42.35 billion, a price-to-earnings ratio of 6.31 and a beta of 0.58. The company has a current ratio of 1.38, a quick ratio of 1.10 and a debt-to-equity ratio of 0.51. 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 announced its quarterly earnings data on Thursday, February 13th. The company reported $1.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.94 by $0.37. The business had revenue of $36.31 billion for the quarter, compared to the consensus estimate of $35.31 billion. Honda Motor had a net margin of 4.76% and a return on equity of 7.81%. As a group, sell-side analysts expect that Honda Motor Co., Ltd. will post 3.99 EPS for the current year.

Honda Motor Company 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.