Callan Capital LLC Buys Shares of 6,903 Honda Motor Co., Ltd. (NYSE:HMC)

Callan Capital LLC bought a new stake in Honda Motor Co., Ltd. (NYSE:HMC) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 6,903 shares of the company’s stock, valued at approximately $213,000.

Other institutional investors also recently bought and sold shares of the company. Ramirez Asset Management Inc. acquired a new stake in shares of Honda Motor during the third quarter worth $30,000. Pinnacle Bancorp Inc. lifted its stake in shares of Honda Motor by 324.4% during the fourth quarter. Pinnacle Bancorp Inc. now owns 904 shares of the company’s stock worth $28,000 after buying an additional 691 shares during the period. Private Trust Co. NA lifted its stake in shares of Honda Motor by 77.6% during the third quarter. Private Trust Co. NA now owns 975 shares of the company’s stock worth $33,000 after buying an additional 426 shares during the period. Anchor Investment Management LLC purchased a new position in shares of Honda Motor during the fourth quarter worth $31,000. Finally, Allworth Financial LP raised its holdings in shares of Honda Motor by 186.1% during the third quarter. Allworth Financial LP now owns 1,153 shares of the company’s stock worth $39,000 after purchasing an additional 750 shares during the last quarter. 5.32% of the stock is currently owned by institutional investors and hedge funds.

Honda Motor Stock Performance

Shares of Honda Motor stock traded up $0.20 during trading on Friday, hitting $33.85. 1,287,540 shares of the company’s stock were exchanged, compared to its average volume of 860,579. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.13 and a current ratio of 1.45. The business has a 50-day simple moving average of $35.84 and a 200-day simple moving average of $33.31. Honda Motor Co., Ltd. has a 52-week low of $25.92 and a 52-week high of $37.90. The stock has a market capitalization of $57.56 billion, a price-to-earnings ratio of 7.98, a PEG ratio of 0.37 and a beta of 0.71.

Honda Motor (NYSE:HMC) last issued its earnings results on Friday, February 9th. The company reported $1.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.21. Honda Motor had a net margin of 5.05% and a return on equity of 8.04%. The firm had revenue of $36.50 billion during the quarter, compared to analysts’ expectations of $37.68 billion. On average, research analysts forecast that Honda Motor Co., Ltd. will post 4.14 EPS for the current 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.