Signaturefd LLC Buys 5,376 Shares of Honda Motor Co., Ltd. (NYSE:HMC)

Signaturefd LLC boosted its stake in Honda Motor Co., Ltd. (NYSE:HMC) by 13.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 44,938 shares of the company’s stock after buying an additional 5,376 shares during the quarter. Signaturefd LLC’s holdings in Honda Motor were worth $1,426,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. RFP Financial Group LLC grew its holdings in shares of Honda Motor by 91.3% in the first quarter. RFP Financial Group LLC now owns 662 shares of the company’s stock valued at $25,000 after acquiring an additional 316 shares in the last quarter. Gallacher Capital Management LLC boosted its position in Honda Motor by 2.6% in the first quarter. Gallacher Capital Management LLC now owns 13,370 shares of the company’s stock worth $498,000 after purchasing an additional 336 shares during the last quarter. Ballentine Partners LLC grew its stake in Honda Motor by 3.4% in the 2nd quarter. Ballentine Partners LLC now owns 10,957 shares of the company’s stock valued at $353,000 after purchasing an additional 359 shares during the period. Envestnet Portfolio Solutions Inc. increased its position in shares of Honda Motor by 2.1% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 18,861 shares of the company’s stock valued at $702,000 after purchasing an additional 395 shares during the last quarter. Finally, Harrington Investments INC raised its stake in shares of Honda Motor by 1.0% during the 2nd quarter. Harrington Investments INC now owns 39,824 shares of the company’s stock worth $1,284,000 after purchasing an additional 410 shares during the period. 5.32% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of Honda Motor from a “strong-buy” rating to a “buy” rating in a research report on Wednesday.

Honda Motor Stock Down 0.1 %

Honda Motor stock opened at $30.41 on Thursday. 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 company has a market capitalization of $52.01 billion, a P/E ratio of 6.44, a P/E/G ratio of 2.76 and a beta of 0.67. The firm has a 50 day moving average price of $31.91 and a 200-day moving average price of $32.48. Honda Motor Co., Ltd. has a twelve month low of $27.69 and a twelve month high of $37.90.

Honda Motor (NYSE:HMC) last announced 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 business had revenue of $34.67 billion during the quarter, compared to analyst estimates of $33.75 billion. Honda Motor had a return on equity of 8.72% and a net margin of 5.34%. As a group, equities analysts predict that Honda Motor Co., Ltd. will post 4.6 EPS for the current year.

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.