Baker Ellis Asset Management LLC Sells 1,000 Shares of Honda Motor Co., Ltd. (NYSE:HMC)

Baker Ellis Asset Management LLC cut its stake in Honda Motor Co., Ltd. (NYSE:HMC) by 3.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,350 shares of the company’s stock after selling 1,000 shares during the quarter. Baker Ellis Asset Management LLC’s holdings in Honda Motor were worth $981,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of HMC. GAMMA Investing LLC increased its position in Honda Motor by 23.0% during the first quarter. GAMMA Investing LLC now owns 1,673 shares of the company’s stock worth $62,000 after acquiring an additional 313 shares during the period. Atria Wealth Solutions Inc. increased its position in Honda Motor by 1.6% during the fourth quarter. Atria Wealth Solutions Inc. now owns 20,162 shares of the company’s stock worth $623,000 after acquiring an additional 326 shares during the period. Lodestone Wealth Management LLC increased its position in Honda Motor by 5.9% during the fourth quarter. Lodestone Wealth Management LLC now owns 6,778 shares of the company’s stock worth $210,000 after acquiring an additional 375 shares during the period. Lester Murray Antman dba SimplyRich increased its position in Honda Motor by 1.4% during the fourth quarter. Lester Murray Antman dba SimplyRich now owns 32,433 shares of the company’s stock worth $1,003,000 after acquiring an additional 452 shares during the period. Finally, Pinnacle Bancorp Inc. increased its position in Honda Motor by 324.4% during the fourth quarter. Pinnacle Bancorp Inc. now owns 904 shares of the company’s stock worth $28,000 after acquiring an additional 691 shares during the period. 5.32% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Honda Motor from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 22nd.

Honda Motor Trading Up 0.4 %

NYSE HMC traded up $0.12 on Friday, hitting $32.24. The company’s stock had a trading volume of 442,224 shares, compared to its average volume of 654,234. The company has a current ratio of 1.43, a quick ratio of 1.13 and a debt-to-equity ratio of 0.47. Honda Motor Co., Ltd. has a 1-year low of $29.05 and a 1-year high of $37.90. The company’s 50-day moving average is $33.13 and its 200 day moving average is $33.73.

Honda Motor (NYSE:HMC) last posted its quarterly earnings data on Friday, May 10th. The company reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.55. Honda Motor had a net margin of 5.46% and a return on equity of 8.79%. The company had revenue of $36.56 billion during the quarter, compared to analysts’ expectations of $37.96 billion. As a group, equities analysts predict that Honda Motor Co., Ltd. will post 4.5 earnings per share 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.