West Family Investments Inc. Sells 1,355 Shares of Honda Motor Co., Ltd. (NYSE:HMC)

West Family Investments Inc. lowered its holdings in shares of Honda Motor Co., Ltd. (NYSE:HMC) by 12.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 9,198 shares of the company’s stock after selling 1,355 shares during the quarter. West Family Investments Inc.’s holdings in Honda Motor were worth $263,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. Callan Family Office LLC bought a new position in shares of Honda Motor during the fourth quarter valued at about $654,000. Raymond James Financial Inc. purchased a new stake in Honda Motor during the 4th quarter valued at about $11,909,000. Aigen Investment Management LP bought a new position in Honda Motor during the 4th quarter worth approximately $572,000. Steward Partners Investment Advisory LLC increased its stake in Honda Motor by 851.2% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 7,334 shares of the company’s stock worth $209,000 after purchasing an additional 6,563 shares during the period. Finally, Schechter Investment Advisors LLC lifted its position in Honda Motor by 4.2% in the fourth quarter. Schechter Investment Advisors LLC now owns 30,755 shares of the company’s stock valued at $878,000 after purchasing an additional 1,238 shares during the last quarter. Hedge funds and other institutional investors own 5.32% of the company’s stock.

Honda Motor Stock Up 1.3 %

NYSE HMC opened at $29.19 on Friday. Honda Motor Co., Ltd. has a 1 year low of $23.41 and a 1 year high of $37.90. The stock has a market capitalization of $45.55 billion, a PE ratio of 6.79 and a beta of 0.58. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.38 and a quick ratio of 1.10. The business’s 50-day moving average is $28.31 and its 200 day moving average is $29.06.

Honda Motor (NYSE:HMC) last issued its quarterly earnings data on Thursday, February 13th. The company reported $1.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.94 by $0.37. The firm had revenue of $36.31 billion for the quarter, compared to analyst estimates of $35.31 billion. Honda Motor had a return on equity of 7.81% and a net margin of 4.76%. Sell-side analysts forecast that Honda Motor Co., Ltd. will post 3.99 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on HMC shares. UBS Group upgraded shares of Honda Motor from a “sell” rating to a “neutral” rating in a report on Wednesday, December 18th. StockNews.com raised shares of Honda Motor from a “hold” rating to a “buy” rating in a report on Wednesday, February 19th.

About Honda Motor

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.