Boston Partners Increases Position in Honda Motor Co., Ltd. (NYSE:HMC)

Boston Partners increased its stake in Honda Motor Co., Ltd. (NYSE:HMC) by 10.9% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 43,322 shares of the company’s stock after acquiring an additional 4,252 shares during the period. Boston Partners’ holdings in Honda Motor were worth $1,237,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in HMC. Asset Planning Inc purchased a new position in Honda Motor in the fourth quarter worth $25,000. R Squared Ltd bought a new stake in Honda Motor in the fourth quarter worth $30,000. Wilmington Savings Fund Society FSB bought a new stake in Honda Motor in the third quarter worth $36,000. Manchester Capital Management LLC bought a new stake in Honda Motor in the fourth quarter worth $40,000. Finally, Farther Finance Advisors LLC lifted its stake in Honda Motor by 70.1% in the fourth quarter. Farther Finance Advisors LLC now owns 1,868 shares of the company’s stock worth $53,000 after purchasing an additional 770 shares during the last quarter. 5.32% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

Honda Motor Stock Performance

Shares of NYSE:HMC opened at $30.06 on Friday. The company has a market cap of $46.91 billion, a price-to-earnings ratio of 6.99 and a beta of 0.61. The company has a 50-day moving average price of $28.40 and a 200-day moving average price of $28.84. The company has a current ratio of 1.38, a quick ratio of 1.10 and a debt-to-equity ratio of 0.51. Honda Motor Co., Ltd. has a 12 month low of $23.41 and a 12 month high of $37.44.

Honda Motor (NYSE:HMC) last issued its quarterly earnings data on Thursday, February 13th. The company reported $1.31 EPS for the quarter, beating the consensus estimate of $0.94 by $0.37. The firm had revenue of $36.31 billion during the quarter, compared to the consensus estimate of $35.31 billion. Honda Motor had a net margin of 4.76% and a return on equity of 7.81%. As a group, equities analysts anticipate that Honda Motor Co., Ltd. will post 3.99 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.