XY Capital Ltd Acquires Shares of 45,324 Honda Motor Co., Ltd. (NYSE:HMC)

XY Capital Ltd bought a new position in shares of Honda Motor Co., Ltd. (NYSE:HMC) in the fourth quarter, HoldingsChannel reports. The firm bought 45,324 shares of the company’s stock, valued at approximately $1,294,000. Honda Motor accounts for 0.6% of XY Capital Ltd’s investment portfolio, making the stock its 16th largest holding.

Other large investors also recently modified their holdings of the company. Fisher Asset Management LLC raised its position 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 worth $328,273,000 after acquiring an additional 227,890 shares in the last quarter. Equity Investment Corp increased its stake in shares of Honda Motor by 1.8% during the third quarter. Equity Investment Corp now owns 2,097,616 shares of the company’s stock valued at $66,557,000 after purchasing an additional 36,221 shares in the last quarter. FMR LLC increased its stake in shares of Honda Motor by 52.5% during the third quarter. FMR LLC now owns 1,355,835 shares of the company’s stock valued at $43,021,000 after purchasing an additional 466,842 shares in the last quarter. Raymond James & Associates increased its stake in Honda Motor by 5.5% during the 3rd quarter. Raymond James & Associates now owns 348,112 shares of the company’s stock valued at $11,046,000 after purchasing an additional 18,134 shares in the last quarter. Finally, Assetmark Inc. increased its stake in Honda Motor by 3.7% during the 3rd quarter. Assetmark Inc. now owns 281,241 shares of the company’s stock valued at $8,924,000 after purchasing an additional 9,978 shares in the last quarter. 5.32% of the stock is owned by institutional investors.

Honda Motor Price Performance

NYSE HMC opened at $27.87 on Monday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.12 and a current ratio of 1.43. Honda Motor Co., Ltd. has a one year low of $23.41 and a one year high of $37.90. The company has a market capitalization of $43.51 billion, a price-to-earnings ratio of 6.88 and a beta of 0.58. The stock has a 50-day moving average of $27.54 and a 200 day moving average of $29.44.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. UBS Group upgraded shares of Honda Motor from a “sell” rating to a “neutral” rating in a research note on Wednesday, December 18th. StockNews.com downgraded Honda Motor from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 2nd.

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.