DGS Capital Management LLC cut its holdings in Honda Motor Co., Ltd. (NYSE:HMC – Free Report) by 26.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 69,988 shares of the company’s stock after selling 25,104 shares during the period. DGS Capital Management LLC’s holdings in Honda Motor were worth $1,998,000 at the end of the most recent reporting period.
A number of other large investors also recently made changes to their positions in the business. Wilmington Savings Fund Society FSB purchased a new position in Honda Motor during the third quarter worth about $36,000. Addison Advisors LLC boosted its position in shares of Honda Motor by 391.2% in the third quarter. Addison Advisors LLC now owns 1,282 shares of the company’s stock worth $41,000 after acquiring an additional 1,021 shares during the last quarter. GAMMA Investing LLC grew its holdings in Honda Motor by 31.0% in the third 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 period. BNP Paribas Financial Markets increased its position in Honda Motor by 84.6% during the third quarter. BNP Paribas Financial Markets now owns 2,510 shares of the company’s stock worth $80,000 after purchasing an additional 1,150 shares during the last quarter. Finally, Transamerica Financial Advisors Inc. purchased a new position in Honda Motor during the third quarter worth approximately $111,000. Hedge funds and other institutional investors own 5.32% of the company’s stock.
Analyst Ratings Changes
HMC has been the subject of a number of research analyst reports. StockNews.com downgraded Honda Motor from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 2nd. UBS Group upgraded Honda Motor from a “sell” rating to a “neutral” rating in a research note on Wednesday, December 18th.
Honda Motor Trading Up 0.2 %
Shares of HMC stock opened at $28.65 on Friday. 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 Co., Ltd. has a fifty-two week low of $23.41 and a fifty-two week high of $37.90. The firm’s 50 day moving average price is $27.09 and its two-hundred day moving average price is $29.75. The stock has a market cap of $44.71 billion, a price-to-earnings ratio of 7.07 and a beta of 0.59.
Honda Motor (NYSE:HMC – Get Free Report) last posted 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 business had revenue of $36.24 billion for the quarter, compared to analyst estimates of $35.60 billion. On average, analysts anticipate that Honda Motor Co., Ltd. will post 4.2 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.
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