Honda Motor Co., Ltd. (NYSE:HMC) Shares Acquired by Integrated Wealth Concepts LLC

Integrated Wealth Concepts LLC raised its stake in shares of Honda Motor Co., Ltd. (NYSE:HMC) by 16.5% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 11,065 shares of the company’s stock after buying an additional 1,564 shares during the period. Integrated Wealth Concepts LLC’s holdings in Honda Motor were worth $351,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in HMC. FMR LLC boosted its stake in Honda Motor by 52.5% during the third quarter. FMR LLC now owns 1,355,835 shares of the company’s stock valued at $43,021,000 after buying an additional 466,842 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in Honda Motor in the 2nd quarter valued at about $8,635,000. Fisher Asset Management LLC boosted its position in shares of Honda Motor by 2.3% during the 3rd quarter. Fisher Asset Management LLC now owns 10,345,816 shares of the company’s stock valued at $328,273,000 after purchasing an additional 227,890 shares in the last quarter. International Assets Investment Management LLC grew its stake in shares of Honda Motor by 1,906.3% in the 3rd 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 during the last quarter. Finally, HITE Hedge Asset Management LLC raised its holdings in shares of Honda Motor by 1,392.9% in the 3rd quarter. HITE Hedge Asset Management LLC now owns 138,539 shares of the company’s stock worth $4,396,000 after purchasing an additional 129,259 shares in the last quarter. 5.32% of the stock is currently owned by institutional investors.

Honda Motor Price Performance

Shares of Honda Motor stock opened at $26.05 on Thursday. Honda Motor Co., Ltd. has a 12-month low of $25.56 and a 12-month high of $37.90. The company has a quick ratio of 1.12, a current ratio of 1.43 and a debt-to-equity ratio of 0.49. The stock’s fifty day moving average is $28.70 and its 200-day moving average is $30.80.

Honda Motor (NYSE:HMC) last posted its quarterly earnings data on Wednesday, November 6th. The company reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.86 by ($0.43). Honda Motor had a return on equity of 7.53% and a net margin of 4.53%. The company had revenue of $36.24 billion for the quarter, compared to analyst estimates of $35.60 billion. Equities research analysts predict that Honda Motor Co., Ltd. will post 4.09 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

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

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.