Honda Motor Co., Ltd. (NYSE:HMC) Shares Acquired by BSW Wealth Partners

BSW Wealth Partners increased its position in shares of Honda Motor Co., Ltd. (NYSE:HMC) by 11.7% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 22,443 shares of the company’s stock after purchasing an additional 2,343 shares during the quarter. BSW Wealth Partners’ holdings in Honda Motor were worth $712,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the company. Mondrian Investment Partners LTD raised its stake in shares of Honda Motor by 20.9% during the 1st quarter. Mondrian Investment Partners LTD now owns 5,176,690 shares of the company’s stock worth $191,538,000 after buying an additional 896,048 shares during the last quarter. Equity Investment Corp raised its position in Honda Motor by 1.6% during the second quarter. Equity Investment Corp now owns 2,061,395 shares of the company’s stock worth $66,459,000 after acquiring an additional 33,067 shares during the last quarter. LSV Asset Management lifted its holdings in shares of Honda Motor by 2.5% in the first quarter. LSV Asset Management now owns 502,342 shares of the company’s stock valued at $18,702,000 after purchasing an additional 12,200 shares in the last quarter. American Century Companies Inc. grew its position in shares of Honda Motor by 10.3% in the second quarter. American Century Companies Inc. now owns 442,458 shares of the company’s stock valued at $14,265,000 after purchasing an additional 41,216 shares during the last quarter. Finally, Raymond James & Associates increased its stake in shares of Honda Motor by 5.5% during the 3rd quarter. Raymond James & Associates now owns 348,112 shares of the company’s stock worth $11,046,000 after purchasing an additional 18,134 shares in the last quarter. 5.32% of the stock is currently owned by hedge funds and other institutional investors.

Honda Motor Stock Performance

Shares of NYSE:HMC traded down $0.02 on Friday, hitting $30.29. The company had a trading volume of 514,481 shares, compared to its average volume of 597,007. The business has a 50 day moving average of $31.70 and a 200 day moving average of $32.20. Honda Motor Co., Ltd. has a 52-week low of $27.69 and a 52-week high of $37.90. The company has a quick ratio of 1.07, a current ratio of 1.37 and a debt-to-equity ratio of 0.45.

Honda Motor (NYSE:HMC) last released its quarterly earnings results on Wednesday, August 7th. The company reported $1.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.19 by $0.38. The company had revenue of $34.67 billion for the quarter, compared to analysts’ expectations of $33.75 billion. Honda Motor had a net margin of 5.34% and a return on equity of 8.72%. As a group, sell-side analysts expect that Honda Motor Co., Ltd. will post 4.6 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Honda Motor from a “strong-buy” rating to a “buy” rating in a research note on Saturday.

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.