United Capital Financial Advisors LLC Has $453,000 Position in Honda Motor Co., Ltd. (NYSE:HMC)

United Capital Financial Advisors LLC trimmed its holdings in Honda Motor Co., Ltd. (NYSE:HMC) by 13.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,850 shares of the company’s stock after selling 2,488 shares during the quarter. United Capital Financial Advisors LLC’s holdings in Honda Motor were worth $453,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Oppenheimer Asset Management Inc. boosted its holdings in shares of Honda Motor by 0.8% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 49,165 shares of the company’s stock worth $1,404,000 after buying an additional 401 shares in the last quarter. Bruce G. Allen Investments LLC increased its stake in Honda Motor by 8.5% in the fourth quarter. Bruce G. Allen Investments LLC now owns 5,683 shares of the company’s stock valued at $162,000 after purchasing an additional 445 shares in the last quarter. Rhumbline Advisers raised its holdings in shares of Honda Motor by 1.1% during the fourth quarter. Rhumbline Advisers now owns 40,775 shares of the company’s stock valued at $1,164,000 after purchasing an additional 457 shares during the period. EverSource Wealth Advisors LLC boosted its position in shares of Honda Motor by 14.1% during the 4th quarter. EverSource Wealth Advisors LLC now owns 4,111 shares of the company’s stock worth $117,000 after purchasing an additional 507 shares in the last quarter. Finally, DGS Capital Management LLC grew its stake in shares of Honda Motor by 0.7% in the 3rd quarter. DGS Capital Management LLC now owns 95,092 shares of the company’s stock valued at $3,017,000 after buying an additional 668 shares during the period. Institutional investors own 5.32% of the company’s stock.

Honda Motor Stock Up 2.2 %

Honda Motor stock opened at $29.09 on Monday. Honda Motor Co., Ltd. has a fifty-two week low of $23.41 and a fifty-two week high of $34.99. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.10 and a current ratio of 1.38. The firm’s 50-day simple moving average is $28.11 and its 200 day simple moving average is $28.16. The stock has a market cap of $45.40 billion, a PE ratio of 6.76 and a beta of 0.57.

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

Wall Street Analysts Forecast Growth

HMC has been the subject of a number of research reports. Sanford C. Bernstein began coverage on Honda Motor in a research note on Monday, April 14th. They issued a “market perform” rating for the company. StockNews.com upgraded shares of Honda Motor from a “hold” rating to a “buy” rating in a report on Wednesday, February 19th.

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.