Nilsine Partners LLC Purchases Shares of 8,572 Honda Motor Co., Ltd. (NYSE:HMC)

Nilsine Partners LLC purchased a new stake in shares of Honda Motor Co., Ltd. (NYSE:HMC) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 8,572 shares of the company’s stock, valued at approximately $319,000.

Other hedge funds also recently bought and sold shares of the company. Rise Advisors LLC bought a new stake in Honda Motor during the first quarter valued at about $27,000. Accordant Advisory Group Inc bought a new stake in Honda Motor during the first quarter valued at about $30,000. Ramirez Asset Management Inc. bought a new stake in Honda Motor during the third quarter valued at about $30,000. Pinnacle Bancorp Inc. boosted its holdings in Honda Motor by 324.4% during the fourth quarter. Pinnacle Bancorp Inc. now owns 904 shares of the company’s stock valued at $28,000 after acquiring an additional 691 shares during the period. Finally, Private Trust Co. NA boosted its holdings in Honda Motor by 77.6% during the third quarter. Private Trust Co. NA now owns 975 shares of the company’s stock valued at $33,000 after acquiring an additional 426 shares during the period. 5.32% of the stock is currently owned by institutional investors.

Honda Motor Stock Performance

HMC stock traded down $0.09 during mid-day trading on Tuesday, reaching $34.01. 1,152,539 shares of the stock traded hands, compared to its average volume of 1,044,155. The company has a quick ratio of 1.13, a current ratio of 1.45 and a debt-to-equity ratio of 0.44. Honda Motor Co., Ltd. has a 52 week low of $25.92 and a 52 week high of $37.90. The business has a 50-day moving average of $35.82 and a two-hundred day moving average of $33.31. The firm has a market capitalization of $57.90 billion, a PE ratio of 8.02, a P/E/G ratio of 0.37 and a beta of 0.71.

Honda Motor (NYSE:HMC) last released its earnings results on Friday, February 9th. The company reported $1.06 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.21. Honda Motor had a net margin of 5.05% and a return on equity of 8.04%. The business had revenue of $36.50 billion during the quarter, compared to analysts’ expectations of $37.68 billion. As a group, equities analysts predict that Honda Motor Co., Ltd. will post 4.14 EPS for the current fiscal 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.