DGS Capital Management LLC Reduces Stock Position in Honda Motor Co., Ltd. (NYSE:HMC)

DGS Capital Management LLC lowered its stake in shares of Honda Motor Co., Ltd. (NYSE:HMC) by 26.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 69,988 shares of the company’s stock after selling 25,104 shares during the quarter. DGS Capital Management LLC’s holdings in Honda Motor were worth $1,998,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Equity Investment Corp increased its holdings in Honda Motor by 1.8% in the third quarter. Equity Investment Corp now owns 2,097,616 shares of the company’s stock valued at $66,557,000 after buying an additional 36,221 shares during the last quarter. Cubist Systematic Strategies LLC acquired a new stake in shares of Honda Motor during the 2nd quarter valued at approximately $3,595,000. Persium Advisors LLC acquired a new position in Honda Motor in the fourth quarter worth $628,000. International Assets Investment Management LLC increased its stake in Honda Motor by 1,906.3% during the third quarter. International Assets Investment Management LLC now owns 193,712 shares of the company’s stock valued at $6,105,000 after purchasing an additional 184,057 shares during the last quarter. Finally, Park Avenue Securities LLC raised its holdings in shares of Honda Motor by 76.4% during the third quarter. Park Avenue Securities LLC now owns 41,358 shares of the company’s stock worth $1,312,000 after purchasing an additional 17,908 shares during the period. 5.32% of the stock is owned by institutional investors and hedge funds.

Honda Motor Trading Up 0.2 %

NYSE:HMC opened at $28.65 on Friday. Honda Motor Co., Ltd. has a 1 year low of $23.41 and a 1 year high of $37.90. The business has a fifty day moving average of $27.09 and a 200-day moving average of $29.75. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.12 and a current ratio of 1.43. The stock has a market cap of $44.71 billion, a price-to-earnings ratio of 7.07 and a beta of 0.59.

Honda Motor (NYSE:HMC) last announced its earnings results on Wednesday, November 6th. The company reported $0.43 EPS for the quarter, missing the consensus estimate of $0.86 by ($0.43). Honda Motor had a return on equity of 7.53% and a net margin of 4.53%. The firm had revenue of $36.24 billion for the quarter, compared to the consensus estimate of $35.60 billion. Equities analysts predict that Honda Motor Co., Ltd. will post 4.2 earnings per share for the current year.

Analyst Ratings Changes

HMC has been the subject of a number of recent research reports. StockNews.com downgraded shares of Honda Motor from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 2nd. UBS Group raised Honda Motor from a “sell” rating to a “neutral” rating in a report on Wednesday, December 18th.

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.