US Bancorp DE Sells 16,834 Shares of Honda Motor Co., Ltd. (NYSE:HMC)

US Bancorp DE decreased its holdings in shares of Honda Motor Co., Ltd. (NYSE:HMC) by 16.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 87,946 shares of the company’s stock after selling 16,834 shares during the period. US Bancorp DE’s holdings in Honda Motor were worth $2,511,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Asset Planning Inc bought a new stake in shares of Honda Motor during the 4th quarter valued at $25,000. R Squared Ltd bought a new stake in shares of Honda Motor during the 4th quarter valued at $30,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Honda Motor in the 3rd quarter valued at $36,000. Manchester Capital Management LLC bought a new stake in shares of Honda Motor in the 4th quarter valued at $40,000. Finally, Addison Advisors LLC increased its position in shares of Honda Motor by 391.2% in the 3rd quarter. Addison Advisors LLC now owns 1,282 shares of the company’s stock valued at $41,000 after buying an additional 1,021 shares in the last quarter. Institutional investors own 5.32% of the company’s stock.

Wall Street Analysts Forecast Growth

HMC has been the subject of a number of recent analyst reports. StockNews.com upgraded shares of Honda Motor from a “hold” rating to a “buy” rating in a research report on Wednesday, February 19th. UBS Group upgraded shares of Honda Motor from a “sell” rating to a “neutral” rating in a research report on Wednesday, December 18th.

Honda Motor Price Performance

Shares of NYSE HMC opened at $28.79 on Friday. The firm has a market cap of $44.93 billion, a PE ratio of 6.69 and a beta of 0.58. The company has a current ratio of 1.38, a quick ratio of 1.10 and a debt-to-equity ratio of 0.51. Honda Motor Co., Ltd. has a 1-year low of $23.41 and a 1-year high of $37.90. The company has a fifty day moving average price of $28.30 and a 200 day moving average price of $29.08.

Honda Motor (NYSE:HMC) last announced its earnings results on Thursday, February 13th. The company reported $1.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.94 by $0.37. The firm had revenue of $36.31 billion during the quarter, compared to analyst estimates of $35.31 billion. Honda Motor had a net margin of 4.76% and a return on equity of 7.81%. Research analysts predict that Honda Motor Co., Ltd. will post 3.99 earnings per share for the current fiscal year.

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.