Honda Motor Co., Ltd. (NYSE:HMC) Shares Sold by Schechter Investment Advisors LLC

Schechter Investment Advisors LLC cut its position in shares of Honda Motor Co., Ltd. (NYSE:HMC) by 7.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 29,193 shares of the company’s stock after selling 2,219 shares during the quarter. Schechter Investment Advisors LLC’s holdings in Honda Motor were worth $902,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC grew its stake in shares of Honda Motor by 1.8% in the third quarter. Sequoia Financial Advisors LLC now owns 18,082 shares of the company’s stock valued at $608,000 after buying an additional 315 shares in the last quarter. Kovitz Investment Group Partners LLC grew its stake in shares of Honda Motor by 1.0% in the third quarter. Kovitz Investment Group Partners LLC now owns 40,601 shares of the company’s stock valued at $1,366,000 after buying an additional 414 shares in the last quarter. Private Trust Co. NA grew its stake in shares of Honda Motor by 77.6% in the third quarter. Private Trust Co. NA now owns 975 shares of the company’s stock valued at $33,000 after buying an additional 426 shares in the last quarter. Glenmede Trust Co. NA grew its stake in shares of Honda Motor by 4.6% in the third quarter. Glenmede Trust Co. NA now owns 9,872 shares of the company’s stock valued at $212,000 after buying an additional 434 shares in the last quarter. Finally, Vestmark Advisory Solutions Inc. grew its stake in shares of Honda Motor by 1.4% in the third quarter. Vestmark Advisory Solutions Inc. now owns 32,499 shares of the company’s stock valued at $1,093,000 after buying an additional 443 shares in the last quarter. 5.32% of the stock is currently owned by institutional investors and hedge funds.

Honda Motor Price Performance

HMC stock opened at $37.33 on Thursday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.13 and a current ratio of 1.45. Honda Motor Co., Ltd. has a 1 year low of $25.75 and a 1 year high of $37.90. The firm has a market cap of $63.85 billion, a P/E ratio of 8.80, a price-to-earnings-growth ratio of 0.43 and a beta of 0.71. The stock has a 50-day simple moving average of $34.80 and a 200-day simple moving average of $33.07.

Honda Motor (NYSE:HMC) last posted its earnings results on Friday, February 9th. The company reported $1.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.21. Honda Motor had a return on equity of 8.04% and a net margin of 5.05%. The business had revenue of $36.50 billion during the quarter, compared to analyst estimates of $37.68 billion. On average, equities analysts predict that Honda Motor Co., Ltd. will post 4.2 earnings per share for the current fiscal 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.