Honda Motor Co., Ltd. (NYSE:HMC) Shares Acquired by Bruce G. Allen Investments LLC

Bruce G. Allen Investments LLC increased its holdings in shares of Honda Motor Co., Ltd. (NYSE:HMC) by 8.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 5,683 shares of the company’s stock after acquiring an additional 445 shares during the quarter. Bruce G. Allen Investments LLC’s holdings in Honda Motor were worth $162,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in HMC. Bank of New York Mellon Corp boosted its holdings in shares of Honda Motor by 7.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 64,236 shares of the company’s stock valued at $2,071,000 after buying an additional 4,483 shares in the last quarter. Acadian Asset Management LLC lifted its holdings in shares of Honda Motor by 287.5% in the 2nd quarter. Acadian Asset Management LLC now owns 16,386 shares of the company’s stock valued at $528,000 after purchasing an additional 12,157 shares during the last quarter. Ballentine Partners LLC boosted its position in shares of Honda Motor by 3.4% in the 2nd quarter. Ballentine Partners LLC now owns 10,957 shares of the company’s stock valued at $353,000 after purchasing an additional 359 shares during the period. Choreo LLC purchased a new position in Honda Motor during the 2nd quarter worth approximately $700,000. Finally, American Century Companies Inc. increased its position in Honda Motor by 10.3% during the second quarter. American Century Companies Inc. now owns 442,458 shares of the company’s stock worth $14,265,000 after buying an additional 41,216 shares during the period. 5.32% of the stock is owned by institutional investors and hedge funds.

Honda Motor Stock Performance

Shares of HMC stock traded down $1.32 during mid-day trading on Friday, hitting $28.66. The stock had a trading volume of 1,241,705 shares, compared to its average volume of 1,866,373. Honda Motor Co., Ltd. has a fifty-two week low of $23.41 and a fifty-two week 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 company’s 50-day simple moving average is $26.98 and its 200-day simple moving average is $30.03. The firm has a market cap of $49.03 billion, a PE ratio of 7.08, a PEG ratio of 2.51 and a beta of 0.59.

Honda Motor (NYSE:HMC) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $0.43 earnings per share for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.43). The business had revenue of $36.24 billion during 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%. Sell-side analysts anticipate that Honda Motor Co., Ltd. will post 4.09 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on HMC shares. UBS Group upgraded shares of Honda Motor from a “sell” rating to a “neutral” rating in a research report on Wednesday, December 18th. StockNews.com lowered shares of Honda Motor from a “strong-buy” rating to a “buy” rating in a research note 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.