Honda Motor Co., Ltd. (NYSE:HMC) Shares Bought by Legacy Capital Group California Inc.

Legacy Capital Group California Inc. increased its position in Honda Motor Co., Ltd. (NYSE:HMC) by 3.5% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 18,519 shares of the company’s stock after acquiring an additional 620 shares during the period. Legacy Capital Group California Inc.’s holdings in Honda Motor were worth $597,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. RFP Financial Group LLC grew its stake in shares of Honda Motor by 91.3% in the first quarter. RFP Financial Group LLC now owns 662 shares of the company’s stock worth $25,000 after purchasing an additional 316 shares in the last quarter. Rise Advisors LLC acquired a new position in Honda Motor during the 1st quarter valued at about $27,000. Accordant Advisory Group Inc bought a new stake in shares of Honda Motor during the 1st quarter worth about $30,000. LRI Investments LLC acquired a new stake in shares of Honda Motor in the 1st quarter worth approximately $34,000. Finally, Principal Securities Inc. bought a new position in shares of Honda Motor in the fourth quarter valued at approximately $41,000. 5.32% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com raised Honda Motor from a “buy” rating to a “strong-buy” rating in a research note on Thursday, July 11th.

Honda Motor Price Performance

Shares of NYSE HMC traded down $0.64 during midday trading on Tuesday, reaching $31.83. The company’s stock had a trading volume of 682,040 shares, compared to its average volume of 957,186. Honda Motor Co., Ltd. has a one year low of $27.69 and a one year high of $37.90. The company has a market cap of $54.45 billion, a price-to-earnings ratio of 6.74, a price-to-earnings-growth ratio of 2.81 and a beta of 0.68. The company has a 50 day moving average price of $31.57 and a 200 day moving average price of $33.70. The company has a current ratio of 1.43, a quick ratio of 1.13 and a debt-to-equity ratio of 0.47.

Honda Motor (NYSE:HMC) last announced its quarterly earnings data on Wednesday, August 7th. The company reported $1.57 EPS for the quarter, beating analysts’ consensus estimates of $1.19 by $0.38. The company had revenue of $34.67 billion during the quarter, compared to the consensus estimate of $33.75 billion. Honda Motor had a return on equity of 8.79% and a net margin of 5.46%. On average, equities research analysts expect that Honda Motor Co., Ltd. will post 4.55 EPS 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.