Honda Motor Co., Ltd. (NYSE:HMC) Shares Bought by Stifel Financial Corp

Stifel Financial Corp raised its position in Honda Motor Co., Ltd. (NYSE:HMC) by 12.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 95,005 shares of the company’s stock after purchasing an additional 10,778 shares during the period. Stifel Financial Corp’s holdings in Honda Motor were worth $3,015,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. FMR LLC raised its stake in Honda Motor by 52.5% in the third quarter. FMR LLC now owns 1,355,835 shares of the company’s stock valued at $43,021,000 after buying an additional 466,842 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of Honda Motor during the 2nd quarter worth about $8,635,000. Fisher Asset Management LLC lifted its stake in Honda Motor by 2.3% during the third quarter. Fisher Asset Management LLC now owns 10,345,816 shares of the company’s stock worth $328,273,000 after purchasing an additional 227,890 shares during the last quarter. International Assets Investment Management LLC boosted its holdings in Honda Motor by 1,906.3% in the third 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. Finally, HITE Hedge Asset Management LLC increased its stake in Honda Motor by 1,392.9% in the third quarter. HITE Hedge Asset Management LLC now owns 138,539 shares of the company’s stock valued at $4,396,000 after purchasing an additional 129,259 shares during the last quarter. 5.32% of the stock is owned by hedge funds and other institutional investors.

Honda Motor Stock Performance

NYSE HMC opened at $25.26 on Wednesday. The company has a fifty day moving average of $28.03 and a two-hundred day moving average of $30.52. 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 1 year low of $24.93 and a 1 year high of $37.90. The company has a market capitalization of $43.20 billion, a PE ratio of 6.24, a P/E/G ratio of 2.57 and a beta of 0.62.

Honda Motor (NYSE:HMC) last released its quarterly 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). The firm had revenue of $36.24 billion for 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%. As a group, analysts expect that Honda Motor Co., Ltd. will post 4.09 earnings per share for the current year.

Analysts Set New Price Targets

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

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.