True North Advisors LLC Invests $274,000 in Honda Motor Co., Ltd. (NYSE:HMC)

True North Advisors LLC acquired a new stake in Honda Motor Co., Ltd. (NYSE:HMC) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 9,595 shares of the company’s stock, valued at approximately $274,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB acquired a new position in Honda Motor during the 3rd quarter valued at about $36,000. Addison Advisors LLC grew its holdings in shares of Honda Motor by 391.2% in the 3rd quarter. Addison Advisors LLC now owns 1,282 shares of the company’s stock worth $41,000 after acquiring an additional 1,021 shares during the last quarter. GAMMA Investing LLC lifted its stake in Honda Motor by 31.0% during the third quarter. GAMMA Investing LLC now owns 2,382 shares of the company’s stock valued at $76,000 after buying an additional 564 shares in the last quarter. BNP Paribas Financial Markets raised its stake in Honda Motor by 84.6% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,510 shares of the company’s stock valued at $80,000 after purchasing an additional 1,150 shares during the period. Finally, Transamerica Financial Advisors Inc. purchased a new stake in shares of Honda Motor in the third quarter valued at $111,000. 5.32% of the stock is owned by institutional investors and hedge funds.

Honda Motor Stock Down 0.8 %

HMC opened at $28.47 on Thursday. The business has a 50 day moving average of $26.98 and a 200-day moving average of $29.77. The stock has a market capitalization of $44.43 billion, a price-to-earnings ratio of 7.03 and a beta of 0.59. The company has a current ratio of 1.43, a quick ratio of 1.12 and a debt-to-equity ratio of 0.49. 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 announced its quarterly earnings data on Wednesday, November 6th. The company reported $0.43 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.43). The business had revenue of $36.24 billion during the quarter, compared to analyst estimates of $35.60 billion. Honda Motor had a net margin of 4.53% and a return on equity of 7.53%. As a group, sell-side analysts anticipate that Honda Motor Co., Ltd. will post 4.2 earnings per share for the current year.

Analyst Ratings Changes

Several research firms recently commented on HMC. StockNews.com cut shares of Honda Motor from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 2nd. UBS Group raised Honda Motor from a “sell” rating to a “neutral” rating in a research note on Wednesday, December 18th.

Honda Motor Company 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.