Persium Advisors LLC Buys New Position in Honda Motor Co., Ltd. (NYSE:HMC)

Persium Advisors LLC bought a new stake in shares of Honda Motor Co., Ltd. (NYSE:HMC) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 22,001 shares of the company’s stock, valued at approximately $628,000. Honda Motor makes up 0.6% of Persium Advisors LLC’s holdings, making the stock its 25th biggest position.

Other large investors have also bought and sold shares of the company. Bruce G. Allen Investments LLC boosted its position in shares of Honda Motor by 8.5% in the 4th 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 period. Wealth Enhancement Advisory Services LLC boosted its position in shares of Honda Motor by 10.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 12,811 shares of the company’s stock valued at $366,000 after purchasing an additional 1,200 shares during the period. GAMMA Investing LLC boosted its position in shares of Honda Motor by 44.8% in the 4th quarter. GAMMA Investing LLC now owns 3,448 shares of the company’s stock valued at $98,000 after purchasing an additional 1,066 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Honda Motor by 22.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 57,739 shares of the company’s stock valued at $1,832,000 after purchasing an additional 10,720 shares during the period. Finally, DGS Capital Management LLC boosted its position in shares of Honda Motor by 0.7% in the 3rd quarter. DGS Capital Management LLC now owns 95,092 shares of the company’s stock valued at $3,017,000 after purchasing an additional 668 shares during the period. Institutional investors own 5.32% of the company’s stock.

Honda Motor Stock Down 0.1 %

Honda Motor stock traded down $0.04 during mid-day trading on Monday, hitting $28.61. The company’s stock had a trading volume of 847,336 shares, compared to its average volume of 1,762,295. The firm’s 50 day moving average is $26.95 and its 200 day moving average is $29.97. The company has a market cap of $48.94 billion, a PE ratio of 7.06, a price-to-earnings-growth ratio of 2.51 and a beta of 0.59. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.43 and a quick ratio of 1.12. Honda Motor Co., Ltd. has a 52-week low of $23.41 and a 52-week high of $37.90.

Honda Motor (NYSE:HMC) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.86 by ($0.43). The business had revenue of $36.24 billion during the quarter, compared to analysts’ expectations of $35.60 billion. Honda Motor had a return on equity of 7.53% and a net margin of 4.53%. On average, analysts anticipate that Honda Motor Co., Ltd. will post 4.09 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on HMC shares. UBS Group upgraded Honda Motor from a “sell” rating to a “neutral” rating in a research report on Wednesday, December 18th. StockNews.com downgraded Honda Motor from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 2nd.

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.