Landscape Capital Management L.L.C. Takes Position in Honda Motor Co., Ltd. (NYSE:HMC)

Landscape Capital Management L.L.C. bought a new stake in Honda Motor Co., Ltd. (NYSE:HMC) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 12,552 shares of the company’s stock, valued at approximately $398,000.

Several other hedge funds and other institutional investors have also made changes to their positions in HMC. Russell Investments Group Ltd. grew its position in shares of Honda Motor by 35.3% during the first quarter. Russell Investments Group Ltd. now owns 5,866 shares of the company’s stock worth $218,000 after acquiring an additional 1,531 shares during the last quarter. Acadian Asset Management LLC purchased a new position in Honda Motor in the 1st quarter valued at approximately $157,000. LRI Investments LLC purchased a new position in shares of Honda Motor in the first quarter valued at $34,000. Tidal Investments LLC acquired a new position in shares of Honda Motor during the 1st quarter worth $373,000. Finally, Cetera Advisors LLC purchased a new stake in shares of Honda Motor in the 1st quarter worth about $491,000. Institutional investors and hedge funds own 5.32% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of Honda Motor from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 2nd.

Honda Motor Stock Up 1.6 %

Shares of Honda Motor stock opened at $26.66 on Monday. The business has a 50 day moving average price of $30.22 and a 200 day moving average price of $31.43. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.12 and a current ratio of 1.43. Honda Motor Co., Ltd. has a 1 year low of $25.57 and a 1 year high of $37.90.

Honda Motor (NYSE:HMC) last issued its quarterly earnings data on Wednesday, November 6th. The company reported $0.43 earnings per share (EPS) 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 analysts’ expectations 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 3.99 earnings per share for the current 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.