Honda Motor Co., Ltd. (NYSE:HMC) Position Lifted by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC raised its stake in shares of Honda Motor Co., Ltd. (NYSE:HMC) by 10.4% during the third quarter, HoldingsChannel reports. The fund owned 14,683 shares of the company’s stock after acquiring an additional 1,388 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in Honda Motor were worth $466,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Rothschild Investment LLC bought a new position in Honda Motor during the 2nd quarter valued at $28,000. LRI Investments LLC boosted its stake in Honda Motor by 1,263.6% during the 2nd 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 last quarter. Family Firm Inc. bought a new position in Honda Motor during the 2nd quarter valued at $35,000. Addison Advisors LLC boosted its stake in Honda Motor by 391.2% during 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. Finally, Ridgewood Investments LLC bought a new position in Honda Motor during the 2nd quarter valued at $67,000. 5.32% of the stock is currently owned by institutional investors.

Honda Motor Trading Up 0.9 %

Honda Motor stock opened at $25.26 on Wednesday. The firm’s 50-day moving average is $28.03 and its 200-day moving average is $30.52. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.12 and a current ratio of 1.43. 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 cap of $43.20 billion, a P/E ratio of 6.24, a PEG ratio of 2.57 and a beta of 0.62.

Honda Motor (NYSE:HMC) last posted 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). Honda Motor had a return on equity of 7.53% and a net margin of 4.53%. The business had revenue of $36.24 billion during the quarter, compared to the consensus estimate of $35.60 billion. On average, equities analysts expect that Honda Motor Co., Ltd. will post 4.09 earnings per share for the current year.

Analyst Upgrades and Downgrades

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 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.