Total Clarity Wealth Management Inc. Purchases 812 Shares of Honda Motor Co., Ltd. (NYSE:HMC)

Total Clarity Wealth Management Inc. raised its position in Honda Motor Co., Ltd. (NYSE:HMC) by 11.8% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 7,720 shares of the company’s stock after acquiring an additional 812 shares during the period. Total Clarity Wealth Management Inc.’s holdings in Honda Motor were worth $220,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of HMC. Fisher Asset Management LLC lifted its position in shares of Honda Motor by 2.3% in the third quarter. Fisher Asset Management LLC now owns 10,345,816 shares of the company’s stock worth $328,273,000 after purchasing an additional 227,890 shares in the last quarter. Equity Investment Corp boosted its stake in shares of Honda Motor by 1.8% during the 3rd quarter. Equity Investment Corp now owns 2,097,616 shares of the company’s stock worth $66,557,000 after buying an additional 36,221 shares during the last quarter. FMR LLC grew its holdings in shares of Honda Motor by 52.5% in the 3rd quarter. FMR LLC now owns 1,355,835 shares of the company’s stock valued at $43,021,000 after acquiring an additional 466,842 shares in the last quarter. Raymond James & Associates increased its position in shares of Honda Motor by 5.5% in the third quarter. Raymond James & Associates now owns 348,112 shares of the company’s stock valued at $11,046,000 after acquiring an additional 18,134 shares during the last quarter. Finally, Assetmark Inc. boosted its position in Honda Motor by 3.7% during the third quarter. Assetmark Inc. now owns 281,241 shares of the company’s stock valued at $8,924,000 after purchasing an additional 9,978 shares during the last quarter. Institutional investors and hedge funds own 5.32% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on HMC shares. UBS Group raised Honda Motor from a “sell” rating to a “neutral” rating in a research report on Wednesday, December 18th. StockNews.com lowered shares of Honda Motor from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 2nd.

Honda Motor Trading Down 1.3 %

Honda Motor stock opened at $28.29 on Friday. The stock has a 50-day simple moving average of $27.35 and a 200 day simple moving average of $29.60. The stock has a market capitalization of $44.15 billion, a P/E ratio of 6.98 and a beta of 0.59. 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 52 week low of $23.41 and a 52 week high of $37.90.

Honda Motor (NYSE:HMC) last posted its quarterly earnings results 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). Honda Motor had a net margin of 4.53% and a return on equity of 7.53%. The business had revenue of $36.24 billion during the quarter, compared to the consensus estimate of $35.60 billion. Analysts expect that Honda Motor Co., Ltd. will post 4.02 earnings per share for the current year.

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.