Sequoia Financial Advisors LLC Raises Stake in Honda Motor Co., Ltd. (NYSE:HMC)

Sequoia Financial Advisors LLC boosted its holdings in shares of Honda Motor Co., Ltd. (NYSE:HMC) by 12.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 20,314 shares of the company’s stock after purchasing an additional 2,232 shares during the period. Sequoia Financial Advisors LLC’s holdings in Honda Motor were worth $628,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Lodestone Wealth Management LLC lifted its stake in shares of Honda Motor by 5.9% in the fourth quarter. Lodestone Wealth Management LLC now owns 6,778 shares of the company’s stock valued at $210,000 after purchasing an additional 375 shares during the period. Kovitz Investment Group Partners LLC lifted its stake in shares of Honda Motor by 1.0% in the third quarter. Kovitz Investment Group Partners LLC now owns 40,601 shares of the company’s stock valued at $1,366,000 after purchasing an additional 414 shares during the period. Private Trust Co. NA lifted its stake in shares of Honda Motor by 77.6% in the third quarter. Private Trust Co. NA now owns 975 shares of the company’s stock valued at $33,000 after purchasing an additional 426 shares during the period. Glenmede Trust Co. NA lifted its stake in shares of Honda Motor by 4.6% in the third quarter. Glenmede Trust Co. NA now owns 9,872 shares of the company’s stock valued at $212,000 after purchasing an additional 434 shares during the period. Finally, Vestmark Advisory Solutions Inc. lifted its stake in shares of Honda Motor by 1.4% in the third quarter. Vestmark Advisory Solutions Inc. now owns 32,499 shares of the company’s stock valued at $1,093,000 after purchasing an additional 443 shares during the period. 5.32% of the stock is owned by hedge funds and other institutional investors.

Honda Motor Stock Down 2.0 %

Shares of NYSE HMC opened at $35.14 on Wednesday. The company has a quick ratio of 1.13, a current ratio of 1.45 and a debt-to-equity ratio of 0.44. Honda Motor Co., Ltd. has a 52 week low of $25.75 and a 52 week high of $37.90. The firm has a 50-day moving average price of $35.88 and a 200 day moving average price of $33.23. The stock has a market capitalization of $61.75 billion, a price-to-earnings ratio of 8.29, a price-to-earnings-growth ratio of 0.38 and a beta of 0.71.

Honda Motor (NYSE:HMC) last posted its earnings results on Friday, February 9th. The company reported $1.06 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.21. Honda Motor had a net margin of 5.05% and a return on equity of 8.04%. The firm had revenue of $36.50 billion during the quarter, compared to the consensus estimate of $37.68 billion. Equities research analysts anticipate that Honda Motor Co., Ltd. will post 4.2 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.