Natixis Advisors LLC Increases Stock Holdings in Honda Motor Co., Ltd. (NYSE:HMC)

Natixis Advisors LLC increased its holdings in shares of Honda Motor Co., Ltd. (NYSE:HMC) by 6.1% during the third quarter, HoldingsChannel reports. The institutional investor owned 220,628 shares of the company’s stock after acquiring an additional 12,720 shares during the period. Natixis Advisors LLC’s holdings in Honda Motor were worth $7,001,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in HMC. Sanctuary Advisors LLC purchased a new position in shares of Honda Motor during the 2nd quarter valued at approximately $8,635,000. International Assets Investment Management LLC lifted its holdings in Honda Motor by 1,906.3% in the 3rd quarter. International Assets Investment Management LLC now owns 193,712 shares of the company’s stock valued at $6,105,000 after purchasing an additional 184,057 shares in the last quarter. Manning & Napier Advisors LLC purchased a new position in Honda Motor in the 2nd quarter valued at $5,396,000. Cubist Systematic Strategies LLC purchased a new position in Honda Motor in the 2nd quarter valued at $3,595,000. Finally, Healthcare of Ontario Pension Plan Trust Fund purchased a new position in Honda Motor in the 2nd quarter valued at $2,015,000. Hedge funds and other institutional investors own 5.32% of the company’s stock.

Analyst Upgrades and Downgrades

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

Honda Motor Stock Up 0.2 %

Shares of HMC opened at $26.23 on Friday. Honda Motor Co., Ltd. has a 52-week low of $25.57 and a 52-week high of $37.90. The company has a market capitalization of $44.87 billion, a PE ratio of 6.48, a price-to-earnings-growth ratio of 2.70 and a beta of 0.67. The stock has a fifty day simple moving average of $30.32 and a two-hundred day simple moving average of $31.52. The company has a quick ratio of 1.12, a current ratio of 1.43 and a debt-to-equity ratio of 0.49.

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