Bank of Montreal Can Has $1.53 Million Position in Honda Motor Co Ltd (HMC)

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Bank of Montreal Can boosted its position in shares of Honda Motor Co Ltd (NYSE:HMC) by 3.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 57,630 shares of the company’s stock after acquiring an additional 1,717 shares during the period. Bank of Montreal Can’s holdings in Honda Motor were worth $1,525,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the stock. Moody National Bank Trust Division lifted its position in Honda Motor by 1.0% during the fourth quarter. Moody National Bank Trust Division now owns 47,558 shares of the company’s stock valued at $1,258,000 after acquiring an additional 458 shares during the last quarter. Cardinal Capital Management raised its holdings in shares of Honda Motor by 1.6% in the fourth quarter. Cardinal Capital Management now owns 58,629 shares of the company’s stock worth $1,550,000 after buying an additional 895 shares during the last quarter. HPM Partners LLC raised its holdings in shares of Honda Motor by 7.0% in the third quarter. HPM Partners LLC now owns 30,387 shares of the company’s stock worth $914,000 after buying an additional 1,976 shares during the last quarter. Brown Advisory Inc. raised its holdings in shares of Honda Motor by 23.1% in the third quarter. Brown Advisory Inc. now owns 10,862 shares of the company’s stock worth $327,000 after buying an additional 2,036 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its holdings in shares of Honda Motor by 20.8% in the third quarter. Janney Montgomery Scott LLC now owns 19,703 shares of the company’s stock worth $593,000 after buying an additional 3,390 shares during the last quarter. 2.15% of the stock is owned by institutional investors.

A number of research analysts have issued reports on HMC shares. ValuEngine cut shares of Honda Motor from a “sell” rating to a “strong sell” rating in a report on Friday, November 2nd. Zacks Investment Research cut shares of Honda Motor from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 25th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company’s stock. Honda Motor has a consensus rating of “Buy” and an average target price of $36.50.

NYSE HMC opened at $27.02 on Thursday. The firm has a market capitalization of $47.39 billion, a price-to-earnings ratio of 7.46, a P/E/G ratio of 2.38 and a beta of 0.95. Honda Motor Co Ltd has a 12-month low of $25.30 and a 12-month high of $37.05. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.23 and a quick ratio of 0.95.

Honda Motor (NYSE:HMC) last posted its quarterly earnings results on Friday, February 1st. The company reported $0.85 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.85. The business had revenue of $3,957.12 billion during the quarter, compared to analysts’ expectations of $3,956.54 billion. Honda Motor had a net margin of 4.73% and a return on equity of 8.49%. The business’s quarterly revenue was down .4% on a year-over-year basis. During the same quarter last year, the company posted $318.50 earnings per share. As a group, equities analysts anticipate that Honda Motor Co Ltd will post 3.88 earnings per share for the current year.

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Honda Motor Company Profile

Honda Motor Co, Ltd. develops, manufactures, and distributes motorcycles, automobiles, power products, and other products worldwide. The company operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Power Product and Other Businesses. The Motorcycle Business segment produces sports models, including trial and moto-cross racing vehicles; business and commuter models; all-terrain vehicles; and side-by-side models.

Further Reading: What kind of dividend yield to CEF’s pay?

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Institutional Ownership by Quarter for Honda Motor (NYSE:HMC)

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