Murphy & Mullick Capital Management Corp Acquires New Stake in Honda Motor Co., Ltd. (NYSE:HMC)

Murphy & Mullick Capital Management Corp bought a new position in shares of Honda Motor Co., Ltd. (NYSE:HMC) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 895 shares of the company’s stock, valued at approximately $26,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of HMC. LPL Financial LLC raised its holdings in shares of Honda Motor by 39.5% in the fourth quarter. LPL Financial LLC now owns 78,703 shares of the company’s stock valued at $2,247,000 after purchasing an additional 22,274 shares during the last quarter. Sei Investments Co. increased its stake in Honda Motor by 1.1% in the 4th quarter. Sei Investments Co. now owns 159,938 shares of the company’s stock valued at $4,566,000 after buying an additional 1,815 shares during the last quarter. American Century Companies Inc. lifted its position in Honda Motor by 6.7% during the 4th quarter. American Century Companies Inc. now owns 500,097 shares of the company’s stock worth $14,278,000 after buying an additional 31,267 shares in the last quarter. Quantbot Technologies LP acquired a new position in shares of Honda Motor during the 4th quarter worth about $982,000. Finally, Summit Global Investments grew its holdings in shares of Honda Motor by 26.5% in the 4th quarter. Summit Global Investments now owns 109,587 shares of the company’s stock valued at $3,129,000 after acquiring an additional 22,966 shares in the last quarter. Institutional investors and hedge funds own 5.32% of the company’s stock.

Honda Motor Stock Performance

Shares of HMC stock opened at $27.29 on Friday. The stock has a market cap of $42.59 billion, a P/E ratio of 6.35 and a beta of 0.61. The company has a fifty day moving average price of $28.49 and a two-hundred day moving average price of $28.77. Honda Motor Co., Ltd. has a one year low of $23.41 and a one year high of $37.34. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.38 and a quick ratio of 1.10.

Honda Motor (NYSE:HMC) last posted its quarterly earnings results on Thursday, February 13th. The company reported $1.31 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.37. The business had revenue of $36.31 billion during the quarter, compared to analysts’ expectations of $35.31 billion. Honda Motor had a return on equity of 7.81% and a net margin of 4.76%. As a group, equities analysts predict that Honda Motor Co., Ltd. will post 3.99 EPS for the current year.

Analyst Ratings Changes

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

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.