Atomi Financial Group Inc. Reduces Holdings in Honda Motor Co., Ltd. (NYSE:HMC)

Atomi Financial Group Inc. trimmed its position in shares of Honda Motor Co., Ltd. (NYSE:HMC) by 51.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,634 shares of the company’s stock after selling 9,050 shares during the quarter. Atomi Financial Group Inc.’s holdings in Honda Motor were worth $246,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Apollon Wealth Management LLC lifted its position in shares of Honda Motor by 1.5% during the third quarter. Apollon Wealth Management LLC now owns 26,138 shares of the company’s stock worth $829,000 after purchasing an additional 389 shares during the last quarter. Bruce G. Allen Investments LLC lifted its position in shares of Honda Motor by 8.5% during the fourth quarter. Bruce G. Allen Investments LLC now owns 5,683 shares of the company’s stock worth $162,000 after purchasing an additional 445 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in shares of Honda Motor by 0.6% during the third quarter. Janney Montgomery Scott LLC now owns 82,821 shares of the company’s stock worth $2,628,000 after purchasing an additional 495 shares during the last quarter. GAMMA Investing LLC lifted its position in shares of Honda Motor by 31.0% during the third quarter. GAMMA Investing LLC now owns 2,382 shares of the company’s stock worth $76,000 after purchasing an additional 564 shares during the last quarter. Finally, Forum Financial Management LP lifted its position in shares of Honda Motor by 1.3% during the third quarter. Forum Financial Management LP now owns 44,457 shares of the company’s stock worth $1,411,000 after purchasing an additional 587 shares during the last quarter. 5.32% of the stock is owned by hedge funds and other institutional investors.

Honda Motor Stock Performance

HMC stock opened at $28.65 on Monday. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.43 and a quick ratio of 1.12. The business has a 50-day moving average price of $27.14 and a 200 day moving average price of $29.72. The company has a market capitalization of $44.71 billion, a P/E ratio of 7.07 and a beta of 0.59. Honda Motor Co., Ltd. has a 1-year low of $23.41 and a 1-year high of $37.90.

Honda Motor (NYSE:HMC) last released its quarterly earnings data on Wednesday, November 6th. The company reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.86 by ($0.43). The firm had revenue of $36.24 billion during the quarter, compared to the consensus estimate of $35.60 billion. Honda Motor had a net margin of 4.53% and a return on equity of 7.53%. As a group, equities research analysts forecast that Honda Motor Co., Ltd. will post 4.2 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

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.