Honda Motor Co., Ltd. (NYSE:HMC) Shares Bought by BTC Capital Management Inc.

BTC Capital Management Inc. increased its stake in Honda Motor Co., Ltd. (NYSE:HMC) by 3.1% during the 4th quarter, Holdings Channel.com reports. The fund owned 45,539 shares of the company’s stock after buying an additional 1,378 shares during the period. BTC Capital Management Inc.’s holdings in Honda Motor were worth $1,300,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. FMR LLC grew its position in shares of Honda Motor by 52.5% during the third quarter. FMR LLC now owns 1,355,835 shares of the company’s stock worth $43,021,000 after buying an additional 466,842 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of Honda Motor in the 2nd quarter valued at about $8,635,000. Fisher Asset Management LLC lifted its position in shares of Honda Motor by 2.3% during the third quarter. Fisher Asset Management LLC now owns 10,345,816 shares of the company’s stock worth $328,273,000 after purchasing an additional 227,890 shares during the last quarter. International Assets Investment Management LLC grew its stake in Honda Motor by 1,906.3% in the third quarter. International Assets Investment Management LLC now owns 193,712 shares of the company’s stock worth $6,105,000 after purchasing an additional 184,057 shares in the last quarter. Finally, Gilman Hill Asset Management LLC bought a new stake in Honda Motor in the fourth quarter valued at about $4,772,000. Institutional investors and hedge funds own 5.32% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on HMC shares. UBS Group upgraded Honda Motor from a “sell” rating to a “neutral” rating in a report on Wednesday, December 18th. StockNews.com cut shares of Honda Motor from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 2nd.

Honda Motor Price Performance

NYSE HMC opened at $28.65 on Friday. The stock has a market cap of $44.71 billion, a price-to-earnings ratio of 7.07 and a beta of 0.59. The company has a current ratio of 1.43, a quick ratio of 1.12 and a debt-to-equity ratio of 0.49. Honda Motor Co., Ltd. has a 52 week low of $23.41 and a 52 week high of $37.90. The company has a 50-day moving average price of $27.32 and a two-hundred day moving average price of $29.63.

Honda Motor (NYSE:HMC) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $0.43 EPS for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.43). Honda Motor had a net margin of 4.53% and a return on equity of 7.53%. The company had revenue of $36.24 billion for the quarter, compared to analyst estimates of $35.60 billion. Analysts forecast that Honda Motor Co., Ltd. will post 4.02 EPS for the current year.

Honda Motor 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.