Cetera Trust Company N.A Sells 3,075 Shares of Honda Motor Co., Ltd. (NYSE:HMC)

Cetera Trust Company N.A cut its stake in shares of Honda Motor Co., Ltd. (NYSE:HMC) by 26.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,395 shares of the company’s stock after selling 3,075 shares during the period. Cetera Trust Company N.A’s holdings in Honda Motor were worth $240,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of HMC. Wilmington Savings Fund Society FSB bought a new position in shares of Honda Motor during the third quarter valued at about $36,000. Addison Advisors LLC lifted its position in shares of Honda Motor by 391.2% during the 3rd quarter. Addison Advisors LLC now owns 1,282 shares of the company’s stock worth $41,000 after buying an additional 1,021 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Honda Motor by 31.0% during the 3rd quarter. GAMMA Investing LLC now owns 2,382 shares of the company’s stock worth $76,000 after buying an additional 564 shares in the last quarter. BNP Paribas Financial Markets lifted its holdings in Honda Motor by 84.6% during the third quarter. BNP Paribas Financial Markets now owns 2,510 shares of the company’s stock worth $80,000 after acquiring an additional 1,150 shares during the period. Finally, Transamerica Financial Advisors Inc. bought a new stake in Honda Motor during the third quarter worth $111,000. 5.32% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. StockNews.com cut Honda Motor from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 2nd. UBS Group raised shares of Honda Motor from a “sell” rating to a “neutral” rating in a report on Wednesday, December 18th.

Honda Motor Stock Down 0.7 %

Shares of NYSE HMC opened at $28.50 on Wednesday. Honda Motor Co., Ltd. has a one year low of $23.41 and a one year high of $37.90. 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 business’s fifty day moving average price is $26.98 and its 200-day moving average price is $29.77. The stock has a market capitalization of $44.48 billion, a PE ratio of 7.03 and a beta of 0.59.

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

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.