Transamerica Financial Advisors Inc. Acquires New Shares in Honda Motor Co., Ltd. (NYSE:HMC)

Transamerica Financial Advisors Inc. acquired a new stake in Honda Motor Co., Ltd. (NYSE:HMC) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 3,469 shares of the company’s stock, valued at approximately $111,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Rothschild Investment LLC bought a new position in shares of Honda Motor during the 2nd quarter valued at $28,000. LRI Investments LLC lifted its holdings in Honda Motor by 1,263.6% in the second quarter. LRI Investments LLC now owns 900 shares of the company’s stock valued at $29,000 after acquiring an additional 834 shares during the period. Family Firm Inc. bought a new position in Honda Motor in the second quarter valued at about $35,000. Addison Advisors LLC boosted its position in Honda Motor by 391.2% in the third quarter. Addison Advisors LLC now owns 1,282 shares of the company’s stock worth $41,000 after purchasing an additional 1,021 shares during the last quarter. Finally, Mather Group LLC. grew its stake in shares of Honda Motor by 15,153.8% during the 2nd quarter. Mather Group LLC. now owns 1,983 shares of the company’s stock valued at $64,000 after purchasing an additional 1,970 shares during the period. 5.32% of the stock is owned by institutional investors.

Analyst Ratings Changes

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

Honda Motor Stock Performance

Shares of Honda Motor stock opened at $25.63 on Thursday. Honda Motor Co., Ltd. has a 1-year low of $25.56 and a 1-year high of $37.90. The company’s fifty day simple moving average is $29.89 and its 200-day simple moving average is $31.28. 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 released its earnings results on Wednesday, November 6th. The company reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.86 by ($0.43). Honda Motor had a net margin of 4.53% and a return on equity of 7.53%. The company had revenue of $36.24 billion for the quarter, compared to analysts’ expectations of $35.60 billion. On average, equities analysts anticipate that Honda Motor Co., Ltd. will post 3.99 earnings per share 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.