Heritage Investors Management Corp Reduces Holdings in Honda Motor Co., Ltd. (NYSE:HMC)

Heritage Investors Management Corp lowered its position in Honda Motor Co., Ltd. (NYSE:HMC) by 3.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,095 shares of the company’s stock after selling 822 shares during the quarter. Heritage Investors Management Corp’s holdings in Honda Motor were worth $714,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in HMC. Fisher Asset Management LLC grew its position in Honda Motor by 2.7% in the 4th quarter. Fisher Asset Management LLC now owns 9,670,076 shares of the company’s stock valued at $298,902,000 after acquiring an additional 258,160 shares during the last quarter. Value Partners Investments Inc. boosted its stake in shares of Honda Motor by 72.8% during the fourth quarter. Value Partners Investments Inc. now owns 235,000 shares of the company’s stock valued at $7,264,000 after purchasing an additional 99,000 shares during the period. XY Capital Ltd grew its holdings in shares of Honda Motor by 81.0% in the fourth quarter. XY Capital Ltd now owns 302,099 shares of the company’s stock worth $9,338,000 after purchasing an additional 135,224 shares during the last quarter. FMR LLC increased its stake in Honda Motor by 5.5% in the 3rd quarter. FMR LLC now owns 783,040 shares of the company’s stock worth $26,341,000 after buying an additional 41,000 shares during the period. Finally, Janney Montgomery Scott LLC lifted its holdings in Honda Motor by 38.9% during the 3rd quarter. Janney Montgomery Scott LLC now owns 54,949 shares of the company’s stock valued at $1,849,000 after buying an additional 15,384 shares in the last quarter. Institutional investors own 5.32% of the company’s stock.

Honda Motor Trading Up 0.2 %

HMC stock traded up $0.06 during mid-day trading on Thursday, reaching $33.95. The company had a trading volume of 824,005 shares, compared to its average volume of 1,021,703. The company has a market capitalization of $58.07 billion, a PE ratio of 8.00, a price-to-earnings-growth ratio of 0.38 and a beta of 0.73. The firm has a 50 day moving average of $35.68 and a 200 day moving average of $33.36. Honda Motor Co., Ltd. has a 12 month low of $26.83 and a 12 month high of $37.90. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.45 and a quick ratio of 1.13.

Honda Motor (NYSE:HMC) last announced its quarterly earnings data on Friday, February 9th. The company reported $1.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.21. The company had revenue of $36.50 billion for the quarter, compared to analysts’ expectations of $37.68 billion. Honda Motor had a return on equity of 8.04% and a net margin of 5.05%. On average, equities analysts predict that Honda Motor Co., Ltd. will post 4.14 earnings per share for the current fiscal year.

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.