Werba Rubin Papier Wealth Management Has $228,000 Holdings in Honda Motor Co., Ltd. (NYSE:HMC)

Werba Rubin Papier Wealth Management increased its holdings in shares of Honda Motor Co., Ltd. (NYSE:HMC) by 21.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,071 shares of the company’s stock after purchasing an additional 1,259 shares during the quarter. Werba Rubin Papier Wealth Management’s holdings in Honda Motor were worth $228,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. RFP Financial Group LLC boosted its stake in shares of Honda Motor by 91.3% during the 1st quarter. RFP Financial Group LLC now owns 662 shares of the company’s stock worth $25,000 after buying an additional 316 shares during the last quarter. Rise Advisors LLC bought a new stake in Honda Motor during the first quarter worth about $27,000. Rothschild Investment LLC acquired a new position in Honda Motor during the second quarter valued at approximately $28,000. LRI Investments LLC grew its stake in Honda Motor by 1,263.6% in the second quarter. LRI Investments LLC now owns 900 shares of the company’s stock valued at $29,000 after purchasing an additional 834 shares in the last quarter. Finally, Family Firm Inc. acquired a new position in shares of Honda Motor during the 2nd quarter worth approximately $35,000. Institutional investors own 5.32% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Honda Motor from a “buy” rating to a “strong-buy” rating in a research note on Thursday, July 11th.

Honda Motor Stock Performance

Shares of NYSE HMC traded down $1.06 during midday trading on Friday, hitting $31.31. 544,937 shares of the company’s stock were exchanged, compared to its average volume of 933,102. The company has a quick ratio of 1.07, a current ratio of 1.37 and a debt-to-equity ratio of 0.45. The firm has a market capitalization of $53.56 billion, a PE ratio of 6.63, a price-to-earnings-growth ratio of 3.01 and a beta of 0.67. Honda Motor Co., Ltd. has a 12 month low of $27.69 and a 12 month high of $37.90. The company’s 50 day moving average price is $31.67 and its 200 day moving average price is $33.51.

Honda Motor (NYSE:HMC) last issued its quarterly earnings data on Wednesday, August 7th. The company reported $1.57 earnings per share for the quarter, beating the consensus estimate of $1.19 by $0.38. The company had revenue of $34.67 billion for the quarter, compared to analyst estimates of $33.75 billion. Honda Motor had a net margin of 5.34% and a return on equity of 8.72%. As a group, analysts predict that Honda Motor Co., Ltd. will post 4.53 earnings per share for the current fiscal year.

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.