Commonwealth Equity Services LLC Grows Stake in Honda Motor Co., Ltd. (NYSE:HMC)

Commonwealth Equity Services LLC lifted its stake in Honda Motor Co., Ltd. (NYSE:HMC) by 33.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 32,270 shares of the company’s stock after buying an additional 8,070 shares during the period. Commonwealth Equity Services LLC’s holdings in Honda Motor were worth $921,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Charles Schwab Investment Management Inc. boosted its holdings in Honda Motor by 27.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 98,786 shares of the company’s stock worth $3,134,000 after acquiring an additional 21,390 shares during the period. Cerity Partners LLC boosted its stake in shares of Honda Motor by 25.1% in the third quarter. Cerity Partners LLC now owns 53,512 shares of the company’s stock valued at $1,698,000 after purchasing an additional 10,737 shares during the period. FMR LLC grew its holdings in Honda Motor by 52.5% during the 3rd quarter. FMR LLC now owns 1,355,835 shares of the company’s stock valued at $43,021,000 after purchasing an additional 466,842 shares in the last quarter. BNP Paribas Financial Markets increased its stake in Honda Motor by 84.6% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,510 shares of the company’s stock worth $80,000 after buying an additional 1,150 shares during the period. Finally, Townsquare Capital LLC lifted its holdings in Honda Motor by 52.0% in the 3rd quarter. Townsquare Capital LLC now owns 16,455 shares of the company’s stock worth $522,000 after buying an additional 5,630 shares in the last quarter. Institutional investors and hedge funds own 5.32% of the company’s stock.

Honda Motor Stock Down 1.2 %

Shares of NYSE:HMC opened at $26.82 on Wednesday. Honda Motor Co., Ltd. has a 12-month low of $23.41 and a 12-month high of $37.34. The company has a current ratio of 1.38, a quick ratio of 1.10 and a debt-to-equity ratio of 0.51. The firm has a market cap of $41.85 billion, a PE ratio of 6.24 and a beta of 0.61. The company has a fifty day simple moving average of $28.43 and a 200 day simple moving average of $28.68.

Honda Motor (NYSE:HMC) last issued its earnings results on Thursday, February 13th. The company reported $1.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.94 by $0.37. Honda Motor had a net margin of 4.76% and a return on equity of 7.81%. The business had revenue of $36.31 billion for the quarter, compared to analyst estimates of $35.31 billion. On average, equities research analysts anticipate that Honda Motor Co., Ltd. will post 3.99 EPS for the current fiscal year.

Wall Street Analyst Weigh In

HMC has been the topic of a number of analyst reports. StockNews.com raised Honda Motor from a “hold” rating to a “buy” rating in a research report on Wednesday, February 19th. UBS Group upgraded Honda Motor from a “sell” rating to a “neutral” rating in a research note on Wednesday, December 18th.

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.