Honda Motor Co., Ltd. (NYSE:HMC) Shares Bought by DGS Capital Management LLC

DGS Capital Management LLC increased its position in Honda Motor Co., Ltd. (NYSE:HMC) by 0.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 95,092 shares of the company’s stock after buying an additional 668 shares during the quarter. Honda Motor comprises approximately 0.8% of DGS Capital Management LLC’s holdings, making the stock its 18th largest position. DGS Capital Management LLC’s holdings in Honda Motor were worth $3,017,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of HMC. Rothschild Investment LLC acquired a new stake in Honda Motor in the 2nd quarter valued at about $28,000. LRI Investments LLC raised its holdings in shares of Honda Motor by 1,263.6% in the 2nd quarter. LRI Investments LLC now owns 900 shares of the company’s stock worth $29,000 after purchasing an additional 834 shares in the last quarter. Family Firm Inc. acquired a new stake in Honda Motor during the second quarter valued at approximately $35,000. Wilmington Savings Fund Society FSB bought a new stake in Honda Motor during the third quarter worth approximately $36,000. Finally, Addison Advisors LLC grew its position in Honda Motor by 391.2% in the third quarter. Addison Advisors LLC now owns 1,282 shares of the company’s stock worth $41,000 after buying an additional 1,021 shares during the last quarter. Institutional investors own 5.32% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Honda Motor from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 2nd.

Honda Motor Price Performance

HMC traded down $0.17 during trading on Friday, reaching $25.39. The company had a trading volume of 181,611 shares, compared to its average volume of 924,193. The firm’s 50-day simple moving average is $28.45 and its 200 day simple moving average is $30.73. 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 12-month low of $25.33 and a 12-month high of $37.90.

Honda Motor (NYSE:HMC) last released its earnings results on Wednesday, November 6th. The company reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.86 by ($0.43). The firm had revenue of $36.24 billion during the quarter, compared to analysts’ expectations of $35.60 billion. Honda Motor had a return on equity of 7.53% and a net margin of 4.53%. As a group, equities analysts forecast that Honda Motor Co., Ltd. will post 4.09 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.