180 Wealth Advisors LLC Raises Stock Holdings in Honda Motor Co., Ltd. (NYSE:HMC)

180 Wealth Advisors LLC boosted its holdings in Honda Motor Co., Ltd. (NYSE:HMC) by 5.8% during the 2nd quarter, Holdings Channel reports. The firm owned 22,234 shares of the company’s stock after acquiring an additional 1,210 shares during the period. 180 Wealth Advisors LLC’s holdings in Honda Motor were worth $682,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Dodge & Cox increased its holdings in Honda Motor by 2.1% during the first quarter. Dodge & Cox now owns 45,265,991 shares of the company’s stock worth $1,199,096,000 after buying an additional 926,171 shares during the last quarter. Fisher Asset Management LLC grew its holdings in Honda Motor by 1.6% during the first quarter. Fisher Asset Management LLC now owns 8,860,605 shares of the company’s stock valued at $234,717,000 after purchasing an additional 140,951 shares during the period. Arrowstreet Capital Limited Partnership increased its position in Honda Motor by 14.2% in the first quarter. Arrowstreet Capital Limited Partnership now owns 4,620,975 shares of the company’s stock worth $122,410,000 after buying an additional 573,648 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Honda Motor by 625.4% in the first quarter. Envestnet Asset Management Inc. now owns 3,131,777 shares of the company’s stock valued at $9,082,000 after buying an additional 2,700,073 shares during the period. Finally, Millennium Management LLC grew its stake in shares of Honda Motor by 137.1% during the 4th quarter. Millennium Management LLC now owns 2,277,025 shares of the company’s stock worth $52,053,000 after acquiring an additional 1,316,546 shares during the period. Institutional investors own 5.32% of the company’s stock.

Wall Street Analysts Forecast Growth

HMC has been the topic of several recent research reports. Nomura downgraded shares of Honda Motor from a “buy” rating to a “neutral” rating in a report on Tuesday, June 20th. Macquarie upgraded shares of Honda Motor from a “neutral” rating to an “outperform” rating in a research note on Friday, August 11th. StockNews.com began coverage on Honda Motor in a research report on Thursday, August 17th. They set a “strong-buy” rating on the stock. UBS Group cut Honda Motor from a “neutral” rating to a “sell” rating in a research report on Thursday, July 6th. Finally, Morgan Stanley upgraded Honda Motor from an “equal weight” rating to an “overweight” rating in a research note on Thursday, September 7th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Honda Motor Stock Down 0.3 %

Shares of NYSE HMC opened at $35.24 on Tuesday. The stock has a market capitalization of $60.27 billion, a P/E ratio of 8.97, a PEG ratio of 0.56 and a beta of 0.77. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.44 and a quick ratio of 1.11. Honda Motor Co., Ltd. has a one year low of $21.43 and a one year high of $35.67. The firm’s 50 day simple moving average is $31.70 and its two-hundred day simple moving average is $29.18.

Honda Motor (NYSE:HMC) last announced its quarterly earnings data on Wednesday, August 9th. The company reported $1.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.99 by $0.61. Honda Motor had a return on equity of 7.73% and a net margin of 5.11%. The firm had revenue of $33.70 billion for the quarter, compared to analysts’ expectations of $33.57 billion. As a group, analysts expect that Honda Motor Co., Ltd. will post 3.91 EPS for the current fiscal year.

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.