Orion Portfolio Solutions LLC Cuts Position in Honda Motor Co., Ltd. (NYSE:HMC)

Orion Portfolio Solutions LLC decreased its position in Honda Motor Co., Ltd. (NYSE:HMCFree Report) by 5.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,577 shares of the company’s stock after selling 858 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in Honda Motor were worth $435,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HMC. Jump Financial LLC purchased a new stake in Honda Motor in the third quarter valued at approximately $218,000. New York State Common Retirement Fund purchased a new stake in shares of Honda Motor during the third quarter worth $104,000. Janney Montgomery Scott LLC increased its position in shares of Honda Motor by 38.9% during the third quarter. Janney Montgomery Scott LLC now owns 54,949 shares of the company’s stock worth $1,849,000 after acquiring an additional 15,384 shares during the period. Sequoia Financial Advisors LLC increased its position in shares of Honda Motor by 1.8% during the third quarter. Sequoia Financial Advisors LLC now owns 18,082 shares of the company’s stock worth $608,000 after acquiring an additional 315 shares during the period. Finally, HighTower Advisors LLC increased its position in shares of Honda Motor by 21.0% during the third quarter. HighTower Advisors LLC now owns 56,789 shares of the company’s stock worth $1,906,000 after acquiring an additional 9,871 shares during the period. Hedge funds and other institutional investors own 5.32% of the company’s stock.

Honda Motor Stock Down 0.1 %

Honda Motor stock opened at $32.36 on Friday. Honda Motor Co., Ltd. has a twelve month low of $29.05 and a twelve month high of $37.90. The stock’s fifty day simple moving average is $34.43 and its 200-day simple moving average is $33.58. The company has a current ratio of 1.43, a quick ratio of 1.13 and a debt-to-equity ratio of 0.47. The firm has a market capitalization of $55.35 billion, a P/E ratio of 6.85, a P/E/G ratio of 6.76 and a beta of 0.69.

Honda Motor (NYSE:HMCGet Free Report) last posted its quarterly earnings data on Friday, May 10th. The company reported $0.99 earnings per share for the quarter, topping analysts’ consensus estimates of $0.44 by $0.55. Honda Motor had a return on equity of 8.79% and a net margin of 5.46%. The business had revenue of $36.56 billion for the quarter, compared to analyst estimates of $37.96 billion. As a group, equities analysts expect that Honda Motor Co., Ltd. will post 4.36 earnings per share for the current fiscal year.

About Honda Motor

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Honda Motor (NYSE:HMC)

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