Schechter Investment Advisors LLC Sells 2,219 Shares of Honda Motor Co., Ltd. (NYSE:HMC)

Schechter Investment Advisors LLC reduced its stake in shares of Honda Motor Co., Ltd. (NYSE:HMC) by 7.1% during 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 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Arrowstreet Capital Limited Partnership increased its stake in Honda Motor by 14.2% during the first quarter. Arrowstreet Capital Limited Partnership now owns 4,620,975 shares of the company’s stock worth $122,410,000 after acquiring an additional 573,648 shares during the last quarter. Morgan Stanley grew its stake in Honda Motor by 4.8% in the third quarter. Morgan Stanley now owns 3,076,951 shares of the company’s stock worth $103,509,000 after purchasing an additional 141,727 shares in the last quarter. Millennium Management LLC grew its stake in Honda Motor by 137.1% in the fourth quarter. Millennium Management LLC now owns 2,277,025 shares of the company’s stock worth $52,053,000 after purchasing an additional 1,316,546 shares in the last quarter. Macquarie Group Ltd. grew its stake in Honda Motor by 9.2% in the first quarter. Macquarie Group Ltd. now owns 2,179,185 shares of the company’s stock worth $57,727,000 after purchasing an additional 184,310 shares in the last quarter. Finally, Renaissance Technologies LLC grew its stake in Honda Motor by 21.5% in the second quarter. Renaissance Technologies LLC now owns 1,705,298 shares of the company’s stock worth $51,688,000 after purchasing an additional 301,900 shares in the last quarter. 5.32% of the stock is owned by institutional investors.

Honda Motor Stock Up 0.1 %

Shares of NYSE:HMC opened at $37.33 on Thursday. Honda Motor Co., Ltd. has a 52-week low of $25.75 and a 52-week high of $37.90. The stock 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 business’s 50 day moving average is $34.80 and its 200 day moving average is $33.07. The company has a quick ratio of 1.13, a current ratio of 1.45 and a debt-to-equity ratio of 0.44.

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

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.