O Shaughnessy Asset Management LLC Cuts Stock Position in Honda Motor Co., Ltd. (NYSE:HMC)

O Shaughnessy Asset Management LLC decreased its holdings in shares of Honda Motor Co., Ltd. (NYSE:HMC) by 51.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 150,132 shares of the company’s stock after selling 157,205 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Honda Motor were worth $4,286,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Asset Planning Inc purchased a new stake in shares of Honda Motor during the 4th quarter valued at about $25,000. Murphy & Mullick Capital Management Corp purchased a new stake in Honda Motor during the fourth quarter valued at approximately $26,000. R Squared Ltd purchased a new stake in Honda Motor during the fourth quarter valued at approximately $30,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Honda Motor in the 3rd quarter worth approximately $36,000. Finally, Manchester Capital Management LLC bought a new position in shares of Honda Motor during the 4th quarter valued at approximately $40,000. 5.32% of the stock is owned by hedge funds and other institutional investors.

Honda Motor Price Performance

HMC opened at $27.34 on Thursday. The business has a fifty day moving average of $28.41 and a 200 day moving average of $28.67. The stock has a market cap of $42.67 billion, a P/E ratio of 6.36 and a beta of 0.57. The company has a quick ratio of 1.10, a current ratio of 1.38 and a debt-to-equity ratio of 0.51. Honda Motor Co., Ltd. has a 52-week low of $23.41 and a 52-week high of $37.34.

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

Analyst Ratings Changes

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

Honda Motor Company 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.