138,842 Shares in Honda Motor Co., Ltd. (NYSE:HMC) Acquired by OLD Mission Capital LLC

OLD Mission Capital LLC purchased a new stake in Honda Motor Co., Ltd. (NYSE:HMC) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 138,842 shares of the company’s stock, valued at approximately $3,964,000.

Several other large investors also recently made changes to their positions in the stock. Asset Planning Inc acquired a new position in Honda Motor in the 4th quarter worth $25,000. Murphy & Mullick Capital Management Corp acquired a new position in shares of Honda Motor during the fourth quarter worth about $26,000. R Squared Ltd bought a new position in shares of Honda Motor during the fourth quarter worth about $30,000. Wilmington Savings Fund Society FSB acquired a new stake in Honda Motor in the 3rd quarter valued at approximately $36,000. Finally, Manchester Capital Management LLC bought a new stake in Honda Motor in the 4th quarter valued at approximately $40,000. Institutional investors own 5.32% of the company’s stock.

Analysts Set New Price Targets

HMC has been the subject of several 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 upgraded 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 $26.82 on Wednesday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.10 and a current ratio of 1.38. The stock has a 50 day moving average price of $28.43 and a 200 day moving average price of $28.68. The stock has a market capitalization of $41.85 billion, a PE ratio of 6.24 and a beta of 0.61. Honda Motor Co., Ltd. has a 52 week low of $23.41 and a 52 week high of $37.34.

Honda Motor (NYSE:HMC) last released 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. Honda Motor had a return on equity of 7.81% and a net margin of 4.76%. The company had revenue of $36.31 billion during the quarter, compared to the consensus estimate of $35.31 billion. Analysts predict that Honda Motor Co., Ltd. will post 3.99 earnings per share for the current fiscal 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.