True North Advisors LLC Buys Shares of 9,595 Honda Motor Co., Ltd. (NYSE:HMC)

True North Advisors LLC purchased a new position in shares of Honda Motor Co., Ltd. (NYSE:HMC) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 9,595 shares of the company’s stock, valued at approximately $274,000.

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

Analyst Ratings Changes

A number of research firms recently issued reports on HMC. StockNews.com downgraded Honda Motor from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 2nd. UBS Group upgraded shares of Honda Motor from a “sell” rating to a “neutral” rating in a report on Wednesday, December 18th.

Honda Motor Trading Down 0.8 %

Shares of NYSE:HMC opened at $28.47 on Thursday. The stock has a market capitalization of $44.43 billion, a PE ratio of 7.03 and a beta of 0.59. The company’s 50-day moving average price is $26.98 and its two-hundred day moving average price is $29.77. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.43 and a quick ratio of 1.12. Honda Motor Co., Ltd. has a one year low of $23.41 and a one year high of $37.90.

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