Heritage Investors Management Corp Lowers Position in Honda Motor Co., Ltd. (NYSE:HMC)

Heritage Investors Management Corp decreased its holdings in shares of Honda Motor Co., Ltd. (NYSE:HMC) by 3.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,095 shares of the company’s stock after selling 822 shares during the quarter. Heritage Investors Management Corp’s holdings in Honda Motor were worth $714,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Fisher Asset Management LLC increased its holdings in shares of Honda Motor by 2.7% in the 4th quarter. Fisher Asset Management LLC now owns 9,670,076 shares of the company’s stock worth $298,902,000 after buying an additional 258,160 shares during the last quarter. Grantham Mayo Van Otterloo & Co. LLC increased its stake in Honda Motor by 16.9% in the third quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 847,609 shares of the company’s stock valued at $28,514,000 after acquiring an additional 122,408 shares during the last quarter. FMR LLC lifted its stake in Honda Motor by 5.5% during the third quarter. FMR LLC now owns 783,040 shares of the company’s stock worth $26,341,000 after purchasing an additional 41,000 shares during the last quarter. Northern Trust Corp lifted its stake in Honda Motor by 0.5% during the third quarter. Northern Trust Corp now owns 622,975 shares of the company’s stock worth $20,957,000 after purchasing an additional 3,269 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of Honda Motor by 6.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 528,582 shares of the company’s stock worth $17,782,000 after purchasing an additional 33,470 shares in the last quarter. 5.32% of the stock is currently owned by institutional investors.

Honda Motor Price Performance

Shares of NYSE HMC traded up $0.06 during trading hours on Thursday, reaching $33.95. 824,005 shares of the stock traded hands, compared to its average volume of 1,021,703. The company’s 50-day simple moving average is $35.68 and its two-hundred day simple moving average is $33.36. The company has a market capitalization of $58.07 billion, a P/E ratio of 8.00, a price-to-earnings-growth ratio of 0.38 and a beta of 0.73. Honda Motor Co., Ltd. has a 52-week low of $26.83 and a 52-week high of $37.90. 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 (NYSE:HMC) last posted its quarterly earnings results on Friday, February 9th. The company reported $1.06 EPS for the quarter, topping 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 firm had revenue of $36.50 billion for the quarter, compared to the consensus estimate of $37.68 billion. Equities research analysts forecast that Honda Motor Co., Ltd. will post 4.14 EPS for the current year.

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.