US Bancorp DE Has $2.51 Million Stock Position in Honda Motor Co., Ltd. (NYSE:HMC)

US Bancorp DE reduced its holdings in Honda Motor Co., Ltd. (NYSE:HMC) by 16.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 87,946 shares of the company’s stock after selling 16,834 shares during the quarter. 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 have also modified their holdings of the company. Asset Planning Inc acquired a new position in shares of Honda Motor in the 4th quarter worth approximately $25,000. R Squared Ltd acquired a new position in shares of Honda Motor in the 4th quarter worth approximately $30,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Honda Motor in the 3rd quarter worth approximately $36,000. Addison Advisors LLC boosted its holdings 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 worth $41,000 after acquiring an additional 1,021 shares in the last quarter. Finally, Manchester Capital Management LLC acquired a new position in shares of Honda Motor in the 4th quarter worth approximately $40,000. 5.32% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently commented on HMC shares. UBS Group raised Honda Motor from a “sell” rating to a “neutral” rating in a report on Wednesday, December 18th. StockNews.com raised Honda Motor from a “hold” rating to a “buy” rating in a report on Wednesday, February 19th.

Honda Motor Stock Down 0.1 %

NYSE:HMC opened at $28.79 on Friday. The stock’s fifty day moving average price is $28.30 and its two-hundred day moving average price is $29.08. Honda Motor Co., Ltd. has a 52-week low of $23.41 and a 52-week high of $37.90. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.10 and a current ratio of 1.38. The company has a market cap of $44.93 billion, a price-to-earnings ratio of 6.69 and a beta of 0.58.

Honda Motor (NYSE:HMC) last posted its quarterly earnings data on Thursday, February 13th. The company reported $1.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.94 by $0.37. Honda Motor had a return on equity of 7.81% and a net margin of 4.76%. The firm had revenue of $36.31 billion for the quarter, compared to the consensus estimate of $35.31 billion. On average, analysts anticipate that Honda Motor Co., Ltd. will post 3.99 EPS for the current 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.