Fisher Asset Management LLC Has $328.27 Million Stock Holdings in Honda Motor Co., Ltd. (NYSE:HMC)

Fisher Asset Management LLC increased its position in Honda Motor Co., Ltd. (NYSE:HMC) by 2.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,345,816 shares of the company’s stock after buying an additional 227,890 shares during the quarter. Fisher Asset Management LLC’s holdings in Honda Motor were worth $328,273,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in HMC. Rothschild Investment LLC bought a new position in shares of Honda Motor during the second quarter valued at $28,000. LRI Investments LLC acquired a new stake in Honda Motor in the first quarter valued at $34,000. Family Firm Inc. bought a new position in Honda Motor during the 2nd quarter worth $35,000. Addison Advisors LLC lifted its holdings in Honda Motor by 391.2% during the 3rd quarter. Addison Advisors LLC now owns 1,282 shares of the company’s stock worth $41,000 after buying an additional 1,021 shares during the period. Finally, Mather Group LLC. grew its position in shares of Honda Motor by 15,153.8% in the 2nd quarter. Mather Group LLC. now owns 1,983 shares of the company’s stock valued at $64,000 after buying an additional 1,970 shares during the last quarter. Institutional investors own 5.32% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com downgraded Honda Motor from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 2nd.

Honda Motor Stock Performance

Shares of NYSE HMC opened at $26.66 on Monday. Honda Motor Co., Ltd. has a 52-week low of $25.57 and a 52-week high of $37.90. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.12 and a current ratio of 1.43. The company’s 50 day moving average price is $30.22 and its 200-day moving average price is $31.43.

Honda Motor (NYSE:HMC) last issued its quarterly earnings results on Wednesday, November 6th. The company reported $0.43 EPS for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.43). Honda Motor had a net margin of 4.53% and a return on equity of 7.53%. The firm had revenue of $36.24 billion for the quarter, compared to the consensus estimate of $35.60 billion. Research analysts forecast that Honda Motor Co., Ltd. will post 3.99 EPS for the current year.

Honda Motor Company 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.