Honda Motor Co., Ltd. (NYSE:HMC) Shares Purchased by EverSource Wealth Advisors LLC

EverSource Wealth Advisors LLC boosted its position in shares of Honda Motor Co., Ltd. (NYSE:HMC) by 14.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,111 shares of the company’s stock after acquiring an additional 507 shares during the period. EverSource Wealth Advisors LLC’s holdings in Honda Motor were worth $117,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of HMC. XY Capital Ltd acquired a new position in shares of Honda Motor during the fourth quarter worth $1,294,000. Hedges Asset Management LLC lifted its holdings in Honda Motor by 91.8% during the 4th quarter. Hedges Asset Management LLC now owns 28,000 shares of the company’s stock worth $799,000 after buying an additional 13,400 shares during the last quarter. Equity Investment Corp boosted its position in shares of Honda Motor by 1.8% during the 3rd quarter. Equity Investment Corp now owns 2,097,616 shares of the company’s stock worth $66,557,000 after acquiring an additional 36,221 shares in the last quarter. Persium Advisors LLC purchased a new position in shares of Honda Motor in the 4th quarter valued at about $628,000. Finally, Aigen Investment Management LP acquired a new stake in shares of Honda Motor during the 4th quarter worth about $572,000. 5.32% of the stock is owned by hedge funds and other institutional investors.

Honda Motor Stock Up 2.0 %

Shares of NYSE HMC opened at $30.01 on Tuesday. The stock has a market cap of $46.83 billion, a PE ratio of 6.98 and a beta of 0.61. Honda Motor Co., Ltd. has a 52-week low of $23.41 and a 52-week high of $37.90. The business has a 50-day moving average price of $28.36 and a 200 day moving average price of $28.88. The company has a quick ratio of 1.10, a current ratio of 1.38 and a debt-to-equity ratio of 0.51.

Honda Motor (NYSE:HMC) last announced its earnings results on Thursday, February 13th. The company reported $1.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.94 by $0.37. The business had revenue of $36.31 billion for the quarter, compared to analyst estimates of $35.31 billion. Honda Motor had a net margin of 4.76% and a return on equity of 7.81%. Equities research analysts forecast that Honda Motor Co., Ltd. will post 3.99 earnings per share for the current year.

Wall Street Analysts Forecast Growth

HMC has been the topic of several recent analyst reports. StockNews.com upgraded shares of Honda Motor from a “hold” rating to a “buy” rating in a research note on Wednesday, February 19th. UBS Group upgraded shares of Honda Motor from a “sell” rating to a “neutral” rating in a research note on Wednesday, December 18th.

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.