GAMMA Investing LLC Buys 1,066 Shares of Honda Motor Co., Ltd. (NYSE:HMC)

GAMMA Investing LLC increased its stake in shares of Honda Motor Co., Ltd. (NYSE:HMC) by 44.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 3,448 shares of the company’s stock after purchasing an additional 1,066 shares during the quarter. GAMMA Investing LLC’s holdings in Honda Motor were worth $98,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Wilmington Savings Fund Society FSB bought a new position in Honda Motor in the 3rd quarter valued at $36,000. Addison Advisors LLC grew its position in Honda Motor by 391.2% in the 3rd quarter. Addison Advisors LLC now owns 1,282 shares of the company’s stock valued at $41,000 after acquiring an additional 1,021 shares during the last quarter. BNP Paribas Financial Markets grew its position in Honda Motor by 84.6% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,510 shares of the company’s stock valued at $80,000 after acquiring an additional 1,150 shares during the last quarter. Transamerica Financial Advisors Inc. bought a new position in Honda Motor in the 3rd quarter valued at $111,000. Finally, CWM LLC grew its position in Honda Motor by 15.1% in the 3rd quarter. CWM LLC now owns 4,839 shares of the company’s stock valued at $154,000 after acquiring an additional 634 shares during the last quarter. Institutional investors own 5.32% of the company’s stock.

Honda Motor Price Performance

Shares of HMC stock opened at $28.66 on Friday. Honda Motor Co., Ltd. has a twelve month low of $23.41 and a twelve month high of $37.90. The stock has a market capitalization of $49.03 billion, a price-to-earnings ratio of 7.08, a P/E/G ratio of 2.51 and a beta of 0.59. The stock has a fifty day simple moving average of $26.95 and a two-hundred day simple moving average of $30.00. The company has a current ratio of 1.43, a quick ratio of 1.12 and a debt-to-equity ratio of 0.49.

Honda Motor (NYSE:HMC) last issued its quarterly earnings data on Wednesday, November 6th. The company reported $0.43 earnings per share for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.43). The company 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%. On average, analysts predict that Honda Motor Co., Ltd. will post 4.09 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on HMC shares. UBS Group upgraded Honda Motor from a “sell” rating to a “neutral” rating in a report on Wednesday, December 18th. StockNews.com cut Honda Motor from a “strong-buy” rating to a “buy” rating in a 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.