Jones Financial Companies Lllp Acquires 2,005 Shares of Honda Motor Co., Ltd. (NYSE:HMC)

Jones Financial Companies Lllp raised its holdings in shares of Honda Motor Co., Ltd. (NYSE:HMC) by 60.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,323 shares of the company’s stock after purchasing an additional 2,005 shares during the quarter. Jones Financial Companies Lllp’s holdings in Honda Motor were worth $152,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. XY Capital Ltd purchased a new stake in shares of Honda Motor in the fourth quarter valued at $1,294,000. Hedges Asset Management LLC raised its stake in shares of Honda Motor by 91.8% in the fourth quarter. Hedges Asset Management LLC now owns 28,000 shares of the company’s stock valued at $799,000 after acquiring an additional 13,400 shares during the period. Equity Investment Corp raised its stake in shares of Honda Motor by 1.8% in the third quarter. Equity Investment Corp now owns 2,097,616 shares of the company’s stock valued at $66,557,000 after acquiring an additional 36,221 shares during the period. Persium Advisors LLC purchased a new stake in shares of Honda Motor in the fourth quarter valued at $628,000. Finally, JPMorgan Chase & Co. raised its stake in shares of Honda Motor by 22.8% in the third quarter. JPMorgan Chase & Co. now owns 57,739 shares of the company’s stock valued at $1,832,000 after acquiring an additional 10,720 shares during the period. Hedge funds and other institutional investors own 5.32% of the company’s stock.

Honda Motor Trading Up 2.1 %

HMC stock opened at $29.45 on Friday. The company has a market capitalization of $45.96 billion, a PE ratio of 6.85 and a beta of 0.61. Honda Motor Co., Ltd. has a 12 month low of $23.41 and a 12 month high of $37.90. The firm’s 50-day moving average is $28.36 and its 200 day moving average is $28.95. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.38 and a quick ratio of 1.10.

Honda Motor (NYSE:HMC) last posted its quarterly earnings results on Thursday, February 13th. The company reported $1.31 EPS for the quarter, topping the consensus estimate of $0.94 by $0.37. The company 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%. On average, research analysts anticipate that Honda Motor Co., Ltd. will post 3.99 EPS for the current year.

Wall Street Analyst Weigh In

HMC has been the topic of several recent analyst reports. UBS Group raised shares of Honda Motor from a “sell” rating to a “neutral” rating in a research note 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.

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.