Rhumbline Advisers Has $1.16 Million Holdings in Honda Motor Co., Ltd. (NYSE:HMC)

Rhumbline Advisers raised its holdings in Honda Motor Co., Ltd. (NYSE:HMC) by 1.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 40,775 shares of the company’s stock after acquiring an additional 457 shares during the period. Rhumbline Advisers’ holdings in Honda Motor were worth $1,164,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the business. Asset Planning Inc acquired a new position in shares of Honda Motor in the 4th quarter valued at approximately $25,000. Essex Financial Services Inc. bought a new position in Honda Motor in the fourth quarter valued at approximately $205,000. XY Capital Ltd bought a new position in Honda Motor in the fourth quarter valued at approximately $1,294,000. Savant Capital LLC boosted its holdings in shares of Honda Motor by 37.1% in the fourth quarter. Savant Capital LLC now owns 8,835 shares of the company’s stock valued at $252,000 after buying an additional 2,390 shares during the period. Finally, Optas LLC increased its position in shares of Honda Motor by 82.1% during the fourth quarter. Optas LLC now owns 11,646 shares of the company’s stock worth $332,000 after acquiring an additional 5,251 shares in the last quarter. 5.32% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms recently commented on HMC. 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 upgraded Honda Motor from a “hold” rating to a “buy” rating in a report on Wednesday, February 19th.

Honda Motor Trading Up 5.4 %

NYSE:HMC opened at $28.82 on Thursday. The company has a market cap of $44.98 billion, a P/E ratio of 6.70 and a beta of 0.58. Honda Motor Co., Ltd. has a twelve month low of $23.41 and a twelve month high of $37.90. The business has a 50 day moving average price of $28.29 and a two-hundred day moving average price of $29.09. The company has a quick ratio of 1.10, a current ratio of 1.38 and a debt-to-equity ratio of 0.51.

Honda Motor (NYSE:HMC) last announced its quarterly earnings data on Thursday, February 13th. The company reported $1.31 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.37. The business had revenue of $36.31 billion for the quarter, compared to analyst estimates of $35.31 billion. Honda Motor had a net margin of 4.76% and a return on equity of 7.81%. As a group, analysts expect that Honda Motor Co., Ltd. will post 3.99 EPS 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.