Addison Advisors LLC Has $41,000 Stock Holdings in Honda Motor Co., Ltd. (NYSE:HMC)

Addison Advisors LLC grew its stake in shares of Honda Motor Co., Ltd. (NYSE:HMC) by 391.2% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,282 shares of the company’s stock after acquiring an additional 1,021 shares during the period. Addison Advisors LLC’s holdings in Honda Motor were worth $41,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of HMC. RFP Financial Group LLC increased its holdings in Honda Motor by 91.3% in the first quarter. RFP Financial Group LLC now owns 662 shares of the company’s stock worth $25,000 after buying an additional 316 shares during the last quarter. Ballentine Partners LLC raised its holdings in shares of Honda Motor by 3.4% during the 2nd quarter. Ballentine Partners LLC now owns 10,957 shares of the company’s stock valued at $353,000 after purchasing an additional 359 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in shares of Honda Motor by 2.1% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 18,861 shares of the company’s stock valued at $702,000 after purchasing an additional 395 shares during the last quarter. Harrington Investments INC boosted its holdings in Honda Motor by 1.0% in the second quarter. Harrington Investments INC now owns 39,824 shares of the company’s stock worth $1,284,000 after purchasing an additional 410 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in Honda Motor by 8.3% during the first quarter. EverSource Wealth Advisors LLC now owns 6,066 shares of the company’s stock worth $206,000 after buying an additional 463 shares during the last quarter. 5.32% of the stock is owned by institutional investors and hedge funds.

Honda Motor Stock Up 0.7 %

HMC stock opened at $26.98 on Tuesday. The company has a 50-day moving average of $31.30 and a two-hundred day moving average of $31.98. Honda Motor Co., Ltd. has a 52-week low of $26.70 and a 52-week high of $37.90. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.07 and a current ratio of 1.43.

Analysts Set New Price Targets

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 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.