Harel Insurance Investments & Financial Services Ltd. Sells 898 Shares of Honda Motor Co., Ltd. (NYSE:HMC)

Harel Insurance Investments & Financial Services Ltd. lessened its holdings in Honda Motor Co., Ltd. (NYSE:HMC) by 38.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,435 shares of the company’s stock after selling 898 shares during the period. Harel Insurance Investments & Financial Services Ltd.’s holdings in Honda Motor were worth $44,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Raymond James Financial Services Advisors Inc. grew its holdings in shares of Honda Motor by 131.6% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 29,333 shares of the company’s stock worth $829,000 after purchasing an additional 16,669 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Honda Motor by 2.4% during the first quarter. Bank of New York Mellon Corp now owns 54,857 shares of the company’s stock worth $1,550,000 after purchasing an additional 1,300 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its holdings in shares of Honda Motor by 17.3% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 12,650 shares of the company’s stock worth $357,000 after purchasing an additional 1,867 shares during the last quarter. BlackRock Inc. boosted its holdings in Honda Motor by 6.9% in the first quarter. BlackRock Inc. now owns 1,141,480 shares of the company’s stock valued at $32,258,000 after acquiring an additional 73,308 shares during the last quarter. Finally, Cibc World Market Inc. boosted its holdings in Honda Motor by 15.2% in the first quarter. Cibc World Market Inc. now owns 138,058 shares of the company’s stock valued at $3,902,000 after acquiring an additional 18,210 shares during the last quarter. Institutional investors own 5.32% of the company’s stock.

Honda Motor Stock Performance

Shares of HMC stock opened at $35.14 on Wednesday. The business’s 50 day simple moving average is $35.88 and its 200 day simple moving average is $33.23. Honda Motor Co., Ltd. has a one year low of $25.75 and a one year high of $37.90. The stock has a market capitalization of $61.34 billion, a PE ratio of 8.29, a PEG ratio of 0.38 and a beta of 0.71. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.45 and a quick ratio of 1.13.

Honda Motor (NYSE:HMC) last announced its earnings results on Friday, February 9th. The company reported $1.06 EPS for the quarter, beating the consensus estimate of $0.85 by $0.21. Honda Motor had a return on equity of 8.04% and a net margin of 5.05%. The business had revenue of $36.50 billion for the quarter, compared to analysts’ expectations of $37.68 billion. As a group, research analysts forecast that Honda Motor Co., Ltd. will post 4.2 earnings per share for the current 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.