EverSource Wealth Advisors LLC Raises Holdings in Honda Motor Co., Ltd. (NYSE:HMC)

EverSource Wealth Advisors LLC raised its holdings in Honda Motor Co., Ltd. (NYSE:HMC) by 14.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,111 shares of the company’s stock after purchasing an additional 507 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Honda Motor were worth $117,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of HMC. Asset Planning Inc acquired a new stake in shares of Honda Motor during the 4th quarter worth about $25,000. R Squared Ltd purchased a new position in Honda Motor during the fourth quarter worth about $30,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Honda Motor during the third quarter valued at about $36,000. Manchester Capital Management LLC purchased a new stake in shares of Honda Motor in the 4th quarter valued at approximately $40,000. Finally, BNP Paribas Financial Markets lifted its holdings in shares of Honda Motor by 84.6% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,510 shares of the company’s stock worth $80,000 after acquiring an additional 1,150 shares during the last quarter. Institutional investors and hedge funds own 5.32% of the company’s stock.

Analyst Upgrades and Downgrades

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

Honda Motor Stock Up 2.0 %

Shares of NYSE:HMC opened at $30.01 on Tuesday. The firm has a market capitalization of $46.83 billion, a PE ratio of 6.98 and a beta of 0.61. Honda Motor Co., Ltd. has a 1 year low of $23.41 and a 1 year high of $37.90. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.38 and a quick ratio of 1.10. The firm’s 50-day moving average is $28.36 and its two-hundred day moving average is $28.88.

Honda Motor (NYSE:HMC) last announced 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 firm had revenue of $36.31 billion for the quarter, compared to the consensus estimate of $35.31 billion. Honda Motor had a net margin of 4.76% and a return on equity of 7.81%. Analysts predict that Honda Motor Co., Ltd. will post 3.99 EPS for the current 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.