Honda Motor Co., Ltd. (NYSE:HMC) Short Interest Update

Honda Motor Co., Ltd. (NYSE:HMC) was the recipient of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 1,720,000 shares, an increase of 16.2% from the March 31st total of 1,480,000 shares. Based on an average daily volume of 1,040,000 shares, the days-to-cover ratio is currently 1.7 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Value Partners Investments Inc. grew its position in Honda Motor by 72.8% in the fourth quarter. Value Partners Investments Inc. now owns 235,000 shares of the company’s stock worth $7,264,000 after acquiring an additional 99,000 shares during the period. XY Capital Ltd boosted its position in shares of Honda Motor by 81.0% during the fourth quarter. XY Capital Ltd now owns 302,099 shares of the company’s stock worth $9,338,000 after buying an additional 135,224 shares during the period. FMR LLC boosted its position in shares of Honda Motor by 5.5% during the third quarter. FMR LLC now owns 783,040 shares of the company’s stock worth $26,341,000 after buying an additional 41,000 shares during the period. Janney Montgomery Scott LLC boosted its position in shares of Honda Motor by 38.9% during the third quarter. Janney Montgomery Scott LLC now owns 54,949 shares of the company’s stock worth $1,849,000 after buying an additional 15,384 shares during the period. Finally, American Century Companies Inc. boosted its position in shares of Honda Motor by 17.0% during the third quarter. American Century Companies Inc. now owns 302,025 shares of the company’s stock worth $10,160,000 after buying an additional 43,981 shares during the period. 5.32% of the stock is currently owned by hedge funds and other institutional investors.

Honda Motor Price Performance

NYSE:HMC opened at $34.01 on Wednesday. Honda Motor has a one year low of $25.92 and a one year high of $37.90. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.13 and a current ratio of 1.45. The stock has a market cap of $57.90 billion, a PE ratio of 8.02, a P/E/G ratio of 0.37 and a beta of 0.71. The stock has a 50 day moving average price of $35.82 and a 200 day moving average price of $33.31.

Honda Motor (NYSE:HMC) last posted its quarterly earnings results on Friday, February 9th. The company reported $1.06 EPS for the quarter, beating the consensus estimate of $0.85 by $0.21. Honda Motor had a return on equity of 8.04% and a net margin of 5.05%. The firm had revenue of $36.50 billion during the quarter, compared to analysts’ expectations of $37.68 billion. Equities research analysts expect that Honda Motor will post 4.14 EPS for the current fiscal 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.