Raymond James & Associates reduced its stake in shares of Honda Motor Co., Ltd. (NYSE:HMC – Get Rating) by 4.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 229,699 shares of the company’s stock after selling 10,636 shares during the quarter. Raymond James & Associates’ holdings in Honda Motor were worth $5,251,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Forum Financial Management LP grew its stake in shares of Honda Motor by 1.2% during the fourth quarter. Forum Financial Management LP now owns 41,461 shares of the company’s stock valued at $948,000 after buying an additional 500 shares during the last quarter. Hedges Asset Management LLC grew its stake in shares of Honda Motor by 9.5% in the fourth quarter. Hedges Asset Management LLC now owns 15,000 shares of the company’s stock worth $343,000 after purchasing an additional 1,300 shares during the last quarter. Schechter Investment Advisors LLC grew its stake in shares of Honda Motor by 23.5% in the third quarter. Schechter Investment Advisors LLC now owns 32,562 shares of the company’s stock worth $703,000 after purchasing an additional 6,187 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its stake in shares of Honda Motor by 76.0% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,199,876 shares of the company’s stock worth $25,905,000 after purchasing an additional 518,255 shares during the last quarter. Finally, AXA S.A. bought a new stake in shares of Honda Motor in the third quarter worth about $30,000. 5.48% of the stock is owned by institutional investors.
Honda Motor Stock Up 1.3 %
Shares of NYSE:HMC opened at $28.56 on Tuesday. Honda Motor Co., Ltd. has a 52-week low of $21.43 and a 52-week high of $28.71. The firm has a market capitalization of $48.85 billion, a P/E ratio of 9.52, a P/E/G ratio of 0.46 and a beta of 0.76. The stock has a 50 day moving average price of $26.43 and a 200-day moving average price of $25.07. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.13 and a current ratio of 1.45.
Analyst Ratings Changes
About Honda Motor
Honda Motor Co, Ltd. engages in the manufacture and sale of automobiles, motorcycles, and power products. It operates through the following segments: Automobile, Motorcycle, Financial Services, and Power Product and Other Businesses. The Automobile segment manufactures and sells automobiles and related accessories.
- Get a free copy of the StockNews.com research report on Honda Motor (HMC)
- monday.com Surges on Price and Volume after Blowout Results
- Can Ryanair Stock Fly Above Resistance Levels, What Earnings Show
- All Aboard! The Sell-Side Has Railroads In Reversal
- Is There Value Left in Lyft Stock?
- Everything About ZIM Integrated Screams Undervaluation
Want to see what other hedge funds are holding HMC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Honda Motor Co., Ltd. (NYSE:HMC – Get Rating).
Receive News & Ratings for Honda Motor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Honda Motor and related companies with MarketBeat.com's FREE daily email newsletter.