Fmr LLC Buys 53,100 Shares of Honda Motor Company, Ltd. (NYSE:HMC)

FMR LLC lifted its position in shares of Honda Motor Company, Ltd. (NYSE:HMC) by 63.4% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 136,795 shares of the company’s stock after acquiring an additional 53,100 shares during the quarter. FMR LLC’s holdings in Honda Motor were worth $3,747,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. American Century Companies Inc. raised its holdings in shares of Honda Motor by 35.3% in the 2nd quarter. American Century Companies Inc. now owns 5,581,290 shares of the company’s stock valued at $152,872,000 after acquiring an additional 1,455,144 shares in the last quarter. Brandes Investment Partners LP raised its holdings in shares of Honda Motor by 7.5% in the 2nd quarter. Brandes Investment Partners LP now owns 3,915,546 shares of the company’s stock valued at $107,247,000 after acquiring an additional 271,870 shares in the last quarter. Mondrian Investment Partners LTD raised its holdings in shares of Honda Motor by 26.4% in the 2nd quarter. Mondrian Investment Partners LTD now owns 2,154,333 shares of the company’s stock valued at $58,167,000 after acquiring an additional 449,345 shares in the last quarter. Federated Investors Inc. PA raised its holdings in shares of Honda Motor by 132.1% during the 2nd quarter. Federated Investors Inc. PA now owns 1,270,557 shares of the company’s stock valued at $34,800,000 after buying an additional 723,125 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Honda Motor by 4.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 702,203 shares of the company’s stock valued at $21,249,000 after buying an additional 28,704 shares in the last quarter. Institutional investors own 2.60% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “Fmr LLC Buys 53,100 Shares of Honda Motor Company, Ltd. (NYSE:HMC)” was first posted by Week Herald and is the sole property of of Week Herald. If you are viewing this piece on another website, it was illegally copied and reposted in violation of US and international copyright & trademark legislation. The correct version of this piece can be accessed at https://weekherald.com/2017/11/15/honda-motor-company-ltd-hmc-shares-bought-by-fmr-llc.html.

A number of equities analysts recently weighed in on the company. ValuEngine raised Honda Motor from a “hold” rating to a “buy” rating in a report on Thursday, November 9th. Zacks Investment Research cut Honda Motor from a “hold” rating to a “sell” rating in a research note on Friday, November 10th. Jefferies Group LLC reiterated a “buy” rating and issued a $36.36 price objective on shares of Honda Motor in a research report on Friday, October 13th. BidaskClub upgraded Honda Motor from a “strong sell” rating to a “sell” rating in a research report on Thursday, August 3rd. Finally, Instinet upgraded Honda Motor from a “reduce” rating to a “neutral” rating in a research report on Tuesday, August 1st. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $34.18.

Honda Motor Company, Ltd. (HMC) opened at $32.49 on Wednesday. The firm has a market capitalization of $59,432.95, a price-to-earnings ratio of 10.35, a PEG ratio of 3.07 and a beta of 1.05. The company has a quick ratio of 0.96, a current ratio of 1.23 and a debt-to-equity ratio of 0.52. Honda Motor Company, Ltd. has a one year low of $27.05 and a one year high of $33.75.

Honda Motor Profile

Honda Motor Co, Ltd. (Honda) develops, manufactures and markets motorcycles, automobiles and power products across the world. The Company’s segments include Motorcycle Business, Automobile business, Financial services business, and Power product and other businesses. The Company produces a range of motorcycles, with engine displacement ranging from the 50 cubic centimeters class to the 1,800 cubic centimeters class.

Institutional Ownership by Quarter for Honda Motor (NYSE:HMC)

Receive News & Ratings for Honda Motor Company Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Honda Motor Company Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply