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

Bruce G. Allen Investments LLC lifted its stake in shares of Honda Motor Co., Ltd. (NYSE:HMC) by 8.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,683 shares of the company’s stock after purchasing an additional 445 shares during the period. Bruce G. Allen Investments LLC’s holdings in Honda Motor were worth $162,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the stock. Wilmington Savings Fund Society FSB acquired a new position in Honda Motor during the third quarter worth about $36,000. Addison Advisors LLC raised its stake in Honda Motor by 391.2% during the third quarter. Addison Advisors LLC now owns 1,282 shares of the company’s stock worth $41,000 after purchasing an additional 1,021 shares during the period. GAMMA Investing LLC boosted its holdings in Honda Motor by 31.0% in the 3rd quarter. GAMMA Investing LLC now owns 2,382 shares of the company’s stock valued at $76,000 after purchasing an additional 564 shares during the last quarter. BNP Paribas Financial Markets grew its stake in shares of Honda Motor by 84.6% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,510 shares of the company’s stock valued at $80,000 after buying an additional 1,150 shares during the period. Finally, Transamerica Financial Advisors Inc. acquired a new stake in shares of Honda Motor during the 3rd quarter worth approximately $111,000. Institutional investors and hedge funds own 5.32% of the company’s stock.

Honda Motor Trading Down 4.4 %

NYSE HMC traded down $1.32 on Friday, reaching $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 12-month low of $23.41 and a 12-month high of $37.90. The stock has a fifty day moving average price of $26.98 and a two-hundred day moving average price of $30.03. The firm has a market capitalization of $49.03 billion, a price-to-earnings ratio of 7.08, a P/E/G ratio of 2.51 and a beta of 0.59. The company has a quick ratio of 1.12, a current ratio of 1.43 and a debt-to-equity ratio of 0.49.

Honda Motor (NYSE:HMC) last released its earnings results on Wednesday, November 6th. The company reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.86 by ($0.43). Honda Motor had a net margin of 4.53% and a return on equity of 7.53%. The firm had revenue of $36.24 billion during the quarter, compared to analyst estimates of $35.60 billion. As a group, sell-side analysts forecast that Honda Motor Co., Ltd. will post 4.09 EPS for the current fiscal year.

Wall Street Analyst Weigh In

HMC has been the subject of several recent analyst reports. UBS Group raised Honda Motor from a “sell” rating to a “neutral” rating in a research note on Wednesday, December 18th. StockNews.com cut shares of Honda Motor from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 2nd.

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.