Schechter Investment Advisors LLC Sells 2,219 Shares of Honda Motor Co., Ltd. (NYSE:HMC)

Schechter Investment Advisors LLC cut its holdings in shares of Honda Motor Co., Ltd. (NYSE:HMC) by 7.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 29,193 shares of the company’s stock after selling 2,219 shares during the quarter. Schechter Investment Advisors LLC’s holdings in Honda Motor were worth $902,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Arrowstreet Capital Limited Partnership increased its holdings in shares of 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 purchasing an additional 573,648 shares during the last quarter. Morgan Stanley increased its holdings in shares of Honda Motor by 4.8% in the third quarter. Morgan Stanley now owns 3,076,951 shares of the company’s stock worth $103,509,000 after purchasing an additional 141,727 shares during the last quarter. Millennium Management LLC increased its holdings in shares of Honda Motor by 137.1% in the fourth quarter. Millennium Management LLC now owns 2,277,025 shares of the company’s stock worth $52,053,000 after purchasing an additional 1,316,546 shares during the last quarter. Macquarie Group Ltd. increased its holdings in shares of Honda Motor by 9.2% in the first quarter. Macquarie Group Ltd. now owns 2,179,185 shares of the company’s stock worth $57,727,000 after purchasing an additional 184,310 shares during the last quarter. Finally, Renaissance Technologies LLC increased its holdings in shares of Honda Motor by 21.5% in the second quarter. Renaissance Technologies LLC now owns 1,705,298 shares of the company’s stock worth $51,688,000 after purchasing an additional 301,900 shares during the last quarter. 5.32% of the stock is owned by institutional investors.

Honda Motor Trading Up 0.1 %

Shares of HMC stock opened at $37.33 on Thursday. Honda Motor Co., Ltd. has a 12-month low of $25.75 and a 12-month high of $37.90. The company has a current ratio of 1.45, a quick ratio of 1.13 and a debt-to-equity ratio of 0.44. The stock’s 50-day moving average price is $34.80 and its 200-day moving average price is $33.07. The stock has a market capitalization of $63.85 billion, a price-to-earnings ratio of 8.80, a price-to-earnings-growth ratio of 0.43 and a beta of 0.71.

Honda Motor (NYSE:HMC) last released its quarterly earnings results on Friday, February 9th. The company reported $1.06 EPS for the quarter, topping the consensus estimate of $0.85 by $0.21. The company had revenue of $36.50 billion during the quarter, compared to analyst estimates of $37.68 billion. Honda Motor had a return on equity of 8.04% and a net margin of 5.05%. Equities research analysts predict that Honda Motor Co., Ltd. will post 4.2 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.