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

Smartleaf Asset Management LLC increased its position in Honda Motor Co., Ltd. (NYSE:HMC) by 39.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,739 shares of the company’s stock after buying an additional 2,488 shares during the quarter. Smartleaf Asset Management LLC’s holdings in Honda Motor were worth $249,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Apollon Wealth Management LLC lifted its holdings in Honda Motor by 1.5% in the 3rd quarter. Apollon Wealth Management LLC now owns 26,138 shares of the company’s stock valued at $829,000 after acquiring an additional 389 shares during the last quarter. Oppenheimer Asset Management Inc. raised its holdings in shares of Honda Motor by 0.8% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 49,165 shares of the company’s stock worth $1,404,000 after purchasing an additional 401 shares in the last quarter. Bruce G. Allen Investments LLC lifted its stake in Honda Motor by 8.5% during 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 during the last quarter. Rhumbline Advisers boosted its holdings in Honda Motor by 1.1% during the fourth quarter. Rhumbline Advisers now owns 40,775 shares of the company’s stock worth $1,164,000 after buying an additional 457 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its position in Honda Motor by 0.6% in the third quarter. Janney Montgomery Scott LLC now owns 82,821 shares of the company’s stock worth $2,628,000 after buying an additional 495 shares during the last quarter. Institutional investors own 5.32% of the company’s stock.

Wall Street Analysts Forecast Growth

HMC has been the subject of a number of recent research reports. UBS Group upgraded Honda Motor from a “sell” rating to a “neutral” rating in a research report on Wednesday, December 18th. StockNews.com upgraded Honda Motor from a “hold” rating to a “buy” rating in a research report on Wednesday, February 19th.

Honda Motor Stock Performance

Shares of HMC opened at $28.82 on Thursday. Honda Motor Co., Ltd. has a one year low of $23.41 and a one year high of $37.90. The company has a 50-day moving average of $28.29 and a two-hundred day moving average of $29.09. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.38 and a quick ratio of 1.10. The stock has a market cap of $44.98 billion, a price-to-earnings ratio of 6.70 and a beta of 0.58.

Honda Motor (NYSE:HMC) last released its earnings results 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 company had revenue of $36.31 billion during the quarter, compared to analyst estimates of $35.31 billion. Honda Motor had a return on equity of 7.81% and a net margin of 4.76%. On average, equities research analysts expect that Honda Motor Co., Ltd. will post 3.99 earnings per share for the current year.

About Honda Motor

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.