Callan Capital LLC Trims Holdings in Honda Motor Co., Ltd. (NYSE:HMC)

Callan Capital LLC cut its holdings in Honda Motor Co., Ltd. (NYSE:HMC) by 39.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,070 shares of the company’s stock after selling 13,606 shares during the quarter. Callan Capital LLC’s holdings in Honda Motor were worth $602,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of HMC. Asset Planning Inc purchased a new stake in shares of Honda Motor in the 4th quarter worth about $25,000. R Squared Ltd purchased a new stake in shares of Honda Motor in the 4th quarter worth about $30,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Honda Motor in the 3rd quarter worth about $36,000. Manchester Capital Management LLC purchased a new stake in shares of Honda Motor in the 4th quarter worth about $40,000. Finally, Addison Advisors LLC grew 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 worth $41,000 after buying an additional 1,021 shares during the period. 5.32% of the stock is owned by hedge funds and other institutional investors.

Honda Motor Stock Performance

Shares of HMC stock opened at $27.16 on Friday. Honda Motor Co., Ltd. has a one year low of $23.41 and a one year high of $37.90. The company’s 50-day moving average is $27.92 and its 200 day moving average is $29.22. The company has a market capitalization of $42.38 billion, a price-to-earnings ratio of 6.32 and a beta of 0.58. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.10 and a current ratio of 1.38.

Honda Motor (NYSE:HMC) last announced its quarterly earnings data on Thursday, February 13th. The company reported $1.31 EPS for the quarter, beating the consensus estimate of $0.94 by $0.37. Honda Motor had a net margin of 4.76% and a return on equity of 7.81%. The company had revenue of $36.31 billion for the quarter, compared to the consensus estimate of $35.31 billion. Sell-side analysts expect that Honda Motor Co., Ltd. will post 3.99 EPS for the current fiscal year.

Analyst Ratings Changes

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

About Honda Motor

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.