Honda Motor Co., Ltd. (NYSE:HMC) Shares Sold by Global Retirement Partners LLC

Global Retirement Partners LLC trimmed its position in Honda Motor Co., Ltd. (NYSE:HMC) by 47.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,799 shares of the company’s stock after selling 1,643 shares during the quarter. Global Retirement Partners LLC’s holdings in Honda Motor were worth $51,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. FMR LLC raised its holdings in Honda Motor by 52.5% in the third quarter. FMR LLC now owns 1,355,835 shares of the company’s stock valued at $43,021,000 after buying an additional 466,842 shares during the period. Fisher Asset Management LLC raised its stake in shares of 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 during the period. Gilman Hill Asset Management LLC purchased a new position in shares of Honda Motor in the 4th quarter valued at $4,772,000. HITE Hedge Asset Management LLC lifted its holdings in shares of Honda Motor by 1,392.9% during 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 boosted its position in Honda Motor by 37.2% during the 3rd quarter. Quantinno Capital Management LP now owns 184,404 shares of the company’s stock worth $5,851,000 after purchasing an additional 49,963 shares during the period. 5.32% of the stock is owned by institutional investors and hedge funds.

Honda Motor Trading Up 0.6 %

HMC opened at $27.80 on Friday. The firm’s 50 day moving average is $28.25 and its 200-day moving average is $29.16. Honda Motor Co., Ltd. has a 52-week low of $23.41 and a 52-week high of $37.90. The company has a quick ratio of 1.10, a current ratio of 1.38 and a debt-to-equity ratio of 0.51. The firm has a market capitalization of $43.40 billion, a P/E ratio of 6.47 and a beta of 0.58.

Honda Motor (NYSE:HMC) last released its quarterly earnings results 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. 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 for the quarter, compared to the consensus estimate of $35.31 billion. Analysts expect that Honda Motor Co., Ltd. will post 3.99 EPS for the current fiscal year.

Wall Street Analyst Weigh In

HMC has been the topic of several research reports. StockNews.com raised Honda Motor from a “hold” rating to a “buy” rating in a research report on Wednesday, February 19th. UBS Group upgraded Honda Motor from a “sell” rating to a “neutral” rating in a report on Wednesday, December 18th.

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.