Signaturefd LLC Sells 12,323 Shares of Honda Motor Co., Ltd. (NYSE:HMC)

Signaturefd LLC trimmed its position in Honda Motor Co., Ltd. (NYSE:HMC) by 27.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,615 shares of the company’s stock after selling 12,323 shares during the quarter. Signaturefd LLC’s holdings in Honda Motor were worth $931,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brandes Investment Partners LP raised its stake in shares of Honda Motor by 13.1% in the 4th quarter. Brandes Investment Partners LP now owns 570,169 shares of the company’s stock valued at $16,278,000 after buying an additional 66,030 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in Honda Motor by 33.3% in the fourth quarter. Commonwealth Equity Services LLC now owns 32,270 shares of the company’s stock valued at $921,000 after acquiring an additional 8,070 shares during the period. Connor Clark & Lunn Investment Management Ltd. raised its position in Honda Motor by 153.8% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 668,092 shares of the company’s stock worth $19,074,000 after purchasing an additional 404,883 shares in the last quarter. Farther Finance Advisors LLC lifted its stake in Honda Motor by 70.1% during the fourth quarter. Farther Finance Advisors LLC now owns 1,868 shares of the company’s stock worth $53,000 after purchasing an additional 770 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its holdings in Honda Motor by 14.1% during the fourth quarter. EverSource Wealth Advisors LLC now owns 4,111 shares of the company’s stock valued at $117,000 after purchasing an additional 507 shares in the last quarter. 5.32% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. StockNews.com upgraded Honda Motor from a “hold” rating to a “buy” rating in a research report on Wednesday, February 19th. UBS Group upgraded Honda Motor from a “sell” rating to a “neutral” rating in a research note on Wednesday, December 18th.

Honda Motor Trading Down 0.4 %

Shares of HMC stock opened at $30.29 on Thursday. The company has a quick ratio of 1.10, a current ratio of 1.38 and a debt-to-equity ratio of 0.51. The company has a market capitalization of $47.28 billion, a P/E ratio of 7.04 and a beta of 0.61. Honda Motor Co., Ltd. has a 12-month low of $23.41 and a 12-month high of $37.90. The firm has a 50-day moving average price of $28.37 and a 200 day moving average price of $28.87.

Honda Motor (NYSE:HMC) last announced its earnings results on Thursday, February 13th. The company reported $1.31 EPS for the quarter, topping the consensus estimate of $0.94 by $0.37. Honda Motor had a return on equity of 7.81% and a net margin of 4.76%. The business had revenue of $36.31 billion for the quarter, compared to the consensus estimate of $35.31 billion. Research analysts forecast that Honda Motor Co., Ltd. will post 3.99 earnings per share for the current fiscal year.

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.