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 13F filing with the Securities and Exchange Commission. The institutional investor purchased 138,842 shares of the company’s stock, valued at approximately $3,964,000.

Other hedge funds have also added to or reduced their stakes in the company. Oppenheimer Asset Management Inc. raised its position in shares of Honda Motor by 0.8% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 49,165 shares of the company’s stock valued at $1,404,000 after purchasing an additional 401 shares during the period. Bruce G. Allen Investments LLC raised its holdings in Honda Motor by 8.5% in the 4th quarter. Bruce G. Allen Investments LLC now owns 5,683 shares of the company’s stock valued at $162,000 after acquiring an additional 445 shares during the period. Rhumbline Advisers lifted its position in Honda Motor by 1.1% during the fourth quarter. Rhumbline Advisers now owns 40,775 shares of the company’s stock worth $1,164,000 after acquiring an additional 457 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of Honda Motor by 14.1% during the fourth quarter. EverSource Wealth Advisors LLC now owns 4,111 shares of the company’s stock worth $117,000 after acquiring an additional 507 shares during the period. Finally, M&T Bank Corp grew its position in shares of Honda Motor by 8.2% in the third quarter. M&T Bank Corp now owns 7,879 shares of the company’s stock valued at $250,000 after purchasing an additional 595 shares during the last quarter. Institutional investors and hedge funds own 5.32% of the company’s stock.

Honda Motor Stock Performance

Shares of NYSE:HMC opened at $26.82 on Wednesday. Honda Motor Co., Ltd. has a 12-month low of $23.41 and a 12-month high of $37.34. The company’s 50 day moving average price is $28.43 and its two-hundred day moving average price is $28.68. The firm has a market cap of $41.85 billion, a PE ratio of 6.24 and a beta of 0.61. The company has a quick ratio of 1.10, a current ratio of 1.38 and a debt-to-equity ratio of 0.51.

Honda Motor (NYSE:HMC) last posted its quarterly earnings data on Thursday, February 13th. The company reported $1.31 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.37. The firm had revenue of $36.31 billion for the quarter, compared to analyst estimates of $35.31 billion. Honda Motor had a return on equity of 7.81% and a net margin of 4.76%. Equities research analysts predict that Honda Motor Co., Ltd. will post 3.99 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts recently weighed in on HMC shares. UBS Group raised Honda Motor from a “sell” rating to a “neutral” rating in a report on Wednesday, December 18th. StockNews.com raised Honda Motor from a “hold” rating to a “buy” rating in a report on Wednesday, February 19th.

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.