Baker Ellis Asset Management LLC Sells 10,700 Shares of Honda Motor Co., Ltd. (NYSE:HMC)

Baker Ellis Asset Management LLC decreased its holdings in shares of Honda Motor Co., Ltd. (NYSE:HMC) by 43.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,050 shares of the company’s stock after selling 10,700 shares during the quarter. Baker Ellis Asset Management LLC’s holdings in Honda Motor were worth $401,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Wilmington Savings Fund Society FSB acquired a new position in Honda Motor during the third quarter valued at approximately $36,000. Addison Advisors LLC grew its holdings in Honda Motor by 391.2% during the third quarter. Addison Advisors LLC now owns 1,282 shares of the company’s stock valued at $41,000 after purchasing an additional 1,021 shares during the period. GAMMA Investing LLC grew its holdings in Honda Motor by 31.0% during the third quarter. GAMMA Investing LLC now owns 2,382 shares of the company’s stock valued at $76,000 after purchasing an additional 564 shares during the period. BNP Paribas Financial Markets grew its holdings in Honda Motor by 84.6% during the third quarter. BNP Paribas Financial Markets now owns 2,510 shares of the company’s stock valued at $80,000 after purchasing an additional 1,150 shares during the period. Finally, Transamerica Financial Advisors Inc. acquired a new position in Honda Motor during the third quarter valued at approximately $111,000. Institutional investors and hedge funds own 5.32% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on HMC. StockNews.com cut shares of Honda Motor from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 2nd. UBS Group upgraded shares of Honda Motor from a “sell” rating to a “neutral” rating in a report on Wednesday, December 18th.

Honda Motor Stock Up 0.5 %

Honda Motor stock opened at $28.59 on Friday. The stock has a market capitalization of $44.63 billion, a PE ratio of 7.06 and a beta of 0.59. Honda Motor Co., Ltd. has a twelve month low of $23.41 and a twelve month high of $37.90. The company has a quick ratio of 1.12, a current ratio of 1.43 and a debt-to-equity ratio of 0.49. The company has a 50 day moving average of $27.03 and a 200-day moving average of $29.76.

Honda Motor (NYSE:HMC) last released its quarterly earnings results on Wednesday, November 6th. The company reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.86 by ($0.43). The company had revenue of $36.24 billion during the quarter, compared to analyst estimates of $35.60 billion. Honda Motor had a net margin of 4.53% and a return on equity of 7.53%. On average, equities research analysts anticipate that Honda Motor Co., Ltd. will post 4.2 EPS for the current fiscal year.

About Honda Motor

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.