Harel Insurance Investments & Financial Services Ltd. Reduces Stake in Honda Motor Co., Ltd. (NYSE:HMC)

Harel Insurance Investments & Financial Services Ltd. decreased its stake in shares of Honda Motor Co., Ltd. (NYSE:HMC) by 38.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,435 shares of the company’s stock after selling 898 shares during the period. Harel Insurance Investments & Financial Services Ltd.’s holdings in Honda Motor were worth $44,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Value Partners Investments Inc. raised its holdings in shares of Honda Motor by 72.8% in the 4th quarter. Value Partners Investments Inc. now owns 235,000 shares of the company’s stock valued at $7,264,000 after acquiring an additional 99,000 shares in the last quarter. XY Capital Ltd raised its holdings in shares of Honda Motor by 81.0% during the 4th quarter. XY Capital Ltd now owns 302,099 shares of the company’s stock valued at $9,338,000 after buying an additional 135,224 shares in the last quarter. FMR LLC raised its holdings in shares of Honda Motor by 5.5% during the 3rd quarter. FMR LLC now owns 783,040 shares of the company’s stock valued at $26,341,000 after buying an additional 41,000 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of Honda Motor by 38.9% during the 3rd quarter. Janney Montgomery Scott LLC now owns 54,949 shares of the company’s stock valued at $1,849,000 after buying an additional 15,384 shares in the last quarter. Finally, American Century Companies Inc. raised its holdings in shares of Honda Motor by 17.0% during the 3rd quarter. American Century Companies Inc. now owns 302,025 shares of the company’s stock valued at $10,160,000 after buying an additional 43,981 shares in the last quarter. Hedge funds and other institutional investors own 5.32% of the company’s stock.

Honda Motor Stock Performance

Shares of NYSE HMC opened at $35.14 on Wednesday. The stock has a market cap of $61.34 billion, a price-to-earnings ratio of 8.29, a P/E/G ratio of 0.38 and a beta of 0.71. The company has a current ratio of 1.45, a quick ratio of 1.13 and a debt-to-equity ratio of 0.44. Honda Motor Co., Ltd. has a 1-year low of $25.75 and a 1-year high of $37.90. The stock’s 50-day moving average is $35.88 and its 200 day moving average is $33.23.

Honda Motor (NYSE:HMC) last announced its quarterly earnings data on Friday, February 9th. The company reported $1.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.85 by $0.21. The company had revenue of $36.50 billion for the quarter, compared to analysts’ expectations of $37.68 billion. Honda Motor had a return on equity of 8.04% and a net margin of 5.05%. On average, sell-side analysts anticipate that Honda Motor Co., Ltd. will post 4.2 EPS 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.