Atria Investments Inc Buys 662 Shares of Honda Motor Co., Ltd. (NYSE:HMC)

Atria Investments Inc raised its stake in shares of Honda Motor Co., Ltd. (NYSE:HMC) by 7.9% in the third quarter, Holdings Channel.com reports. The institutional investor owned 9,075 shares of the company’s stock after buying an additional 662 shares during the quarter. Atria Investments Inc’s holdings in Honda Motor were worth $288,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Rothschild Investment LLC bought a new position in shares of Honda Motor in the 2nd quarter worth approximately $28,000. LRI Investments LLC grew its position in shares of Honda Motor by 1,263.6% during the 2nd quarter. LRI Investments LLC now owns 900 shares of the company’s stock valued at $29,000 after acquiring an additional 834 shares during the period. Family Firm Inc. purchased a new stake in shares of Honda Motor in the 2nd quarter worth $35,000. Mather Group LLC. raised its holdings in Honda Motor by 15,153.8% in the 2nd quarter. Mather Group LLC. now owns 1,983 shares of the company’s stock worth $64,000 after purchasing an additional 1,970 shares during the period. Finally, Ridgewood Investments LLC purchased a new position in Honda Motor during the second quarter valued at $67,000. Hedge funds and other institutional investors own 5.32% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com cut Honda Motor from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 2nd.

Honda Motor Trading Up 1.7 %

Shares of NYSE:HMC opened at $26.67 on Friday. Honda Motor Co., Ltd. has a 12-month low of $25.57 and a 12-month high of $37.90. The company has a market cap of $45.61 billion, a PE ratio of 6.58, a price-to-earnings-growth ratio of 2.70 and a beta of 0.67. The stock has a 50 day moving average of $30.22 and a 200 day moving average of $31.46. 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 (NYSE:HMC) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $0.43 EPS for the quarter, missing the consensus estimate of $0.86 by ($0.43). Honda Motor had a net margin of 4.53% and a return on equity of 7.53%. The firm had revenue of $36.24 billion for the quarter, compared to the consensus estimate of $35.60 billion. As a group, equities research analysts expect that Honda Motor Co., Ltd. will post 3.99 EPS for the current year.

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.