Honda Motor Company, Ltd. (HMC) Shares Bought by Advisor Group Inc.

Advisor Group Inc. increased its stake in Honda Motor Company, Ltd. (NYSE:HMC) by 5.7% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 11,687 shares of the company’s stock after acquiring an additional 628 shares during the period. Advisor Group Inc.’s holdings in Honda Motor were worth $314,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in HMC. American Century Companies Inc. boosted its position in shares of Honda Motor by 35.3% in the second quarter. American Century Companies Inc. now owns 5,581,290 shares of the company’s stock worth $152,872,000 after acquiring an additional 1,455,144 shares during the last quarter. Federated Investors Inc. PA boosted its position in shares of Honda Motor by 132.1% in the second quarter. Federated Investors Inc. PA now owns 1,270,557 shares of the company’s stock worth $34,800,000 after acquiring an additional 723,125 shares during the last quarter. Macquarie Group Ltd. lifted its position in Honda Motor by 20.6% during the first quarter. Macquarie Group Ltd. now owns 3,312,903 shares of the company’s stock valued at $100,248,000 after buying an additional 566,685 shares in the last quarter. Mondrian Investment Partners LTD lifted its position in Honda Motor by 26.4% during the second quarter. Mondrian Investment Partners LTD now owns 2,154,333 shares of the company’s stock valued at $58,167,000 after buying an additional 449,345 shares in the last quarter. Finally, Brandes Investment Partners LP lifted its position in Honda Motor by 7.5% during the second quarter. Brandes Investment Partners LP now owns 3,915,546 shares of the company’s stock valued at $107,247,000 after buying an additional 271,870 shares in the last quarter. 2.58% of the stock is currently owned by institutional investors and hedge funds.

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Honda Motor Company, Ltd. (HMC) opened at 30.18 on Friday. The stock’s 50 day moving average is $29.21 and its 200-day moving average is $28.45. The firm has a market capitalization of $54.39 billion, a PE ratio of 9.07 and a beta of 1.03. Honda Motor Company, Ltd. has a 52-week low of $27.05 and a 52-week high of $32.17.

Honda Motor (NYSE:HMC) last announced its earnings results on Tuesday, August 1st. The company reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.83 by $0.21. The firm had revenue of $3,713 billion during the quarter, compared to analysts’ expectations of $3,525.55 billion. Honda Motor had a return on equity of 8.57% and a net margin of 4.58%. The company’s revenue was up 7.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $96.93 earnings per share. Equities analysts expect that Honda Motor Company, Ltd. will post $2.76 earnings per share for the current year.

A number of research analysts have weighed in on HMC shares. ValuEngine cut shares of Honda Motor from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Jefferies Group LLC reaffirmed a “buy” rating and set a $33.18 price target on shares of Honda Motor in a research report on Friday, July 14th. J P Morgan Chase & Co cut shares of Honda Motor from an “overweight” rating to a “neutral” rating in a research report on Wednesday, July 5th. Morgan Stanley cut shares of Honda Motor from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, September 5th. Finally, BidaskClub cut shares of Honda Motor from a “sell” rating to a “strong sell” rating in a research report on Thursday, June 22nd. One research analyst has rated the stock with a sell rating, five have issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $33.50.

Honda Motor Profile

Honda Motor Co, Ltd. (Honda) develops, manufactures and markets motorcycles, automobiles and power products across the world. The Company’s segments include Motorcycle Business, Automobile business, Financial services business, and Power product and other businesses. The Company produces a range of motorcycles, with engine displacement ranging from the 50 cubic centimeters class to the 1,800 cubic centimeters class.

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Institutional Ownership by Quarter for Honda Motor (NYSE:HMC)

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