Mitsubishi UFJ Asset Management Co. Ltd. Has $573,000 Holdings in Honda Motor Co., Ltd. (NYSE:HMC)

Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in Honda Motor Co., Ltd. (NYSE:HMC) by 4.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 19,989 shares of the company’s stock after buying an additional 846 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Honda Motor were worth $573,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of HMC. Asset Planning Inc bought a new stake in shares of Honda Motor in the 4th quarter valued at about $25,000. Murphy & Mullick Capital Management Corp bought a new stake in Honda Motor in the fourth quarter valued at approximately $26,000. R Squared Ltd acquired a new stake in Honda Motor during the 4th quarter valued at approximately $30,000. Wilmington Savings Fund Society FSB bought a new position in Honda Motor during the 3rd quarter worth approximately $36,000. Finally, Manchester Capital Management LLC acquired a new position in shares of Honda Motor in the 4th quarter worth approximately $40,000. 5.32% of the stock is owned by institutional investors.

Honda Motor Price Performance

Shares of HMC opened at $27.34 on Thursday. The firm has a market cap of $42.67 billion, a PE ratio of 6.36 and a beta of 0.57. Honda Motor Co., Ltd. has a 52-week low of $23.41 and a 52-week high of $37.34. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.10 and a current ratio of 1.38. The business’s 50 day moving average price is $28.41 and its two-hundred day moving average price is $28.67.

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, topping 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 business had revenue of $36.31 billion for the quarter, compared to analyst estimates of $35.31 billion. On average, equities analysts anticipate that Honda Motor Co., Ltd. will post 3.99 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. StockNews.com raised shares of Honda Motor from a “hold” rating to a “buy” rating in a research note on Wednesday, February 19th. UBS Group upgraded Honda Motor from a “sell” rating to a “neutral” rating in a report on Wednesday, December 18th.

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.