Honda Motor Co Ltd (NYSE:HMC) Holdings Lifted by Jane Street Group LLC

Jane Street Group LLC increased its holdings in Honda Motor Co Ltd (NYSE:HMC) by 332.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 71,918 shares of the company’s stock after acquiring an additional 55,273 shares during the period. Jane Street Group LLC’s holdings in Honda Motor were worth $1,838,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in HMC. SG Americas Securities LLC lifted its position in shares of Honda Motor by 10.5% in the first quarter. SG Americas Securities LLC now owns 4,772 shares of the company’s stock worth $107,000 after purchasing an additional 452 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in shares of Honda Motor by 11.2% during the 1st quarter. Russell Investments Group Ltd. now owns 85,217 shares of the company’s stock valued at $1,913,000 after buying an additional 8,605 shares during the period. Private Capital Group LLC boosted its stake in shares of Honda Motor by 53.9% during the 1st quarter. Private Capital Group LLC now owns 3,518 shares of the company’s stock valued at $79,000 after buying an additional 1,232 shares during the period. Truvestments Capital LLC purchased a new position in shares of Honda Motor during the 1st quarter valued at $25,000. Finally, PNC Financial Services Group Inc. increased its stake in shares of Honda Motor by 8.8% in the first quarter. PNC Financial Services Group Inc. now owns 296,192 shares of the company’s stock worth $6,651,000 after acquiring an additional 23,900 shares during the last quarter. 2.29% of the stock is owned by hedge funds and other institutional investors.

Shares of NYSE:HMC traded down $0.56 during trading on Wednesday, reaching $24.98. The stock had a trading volume of 2,301 shares, compared to its average volume of 852,836. The stock has a fifty day simple moving average of $25.35 and a two-hundred day simple moving average of $24.56. The company has a quick ratio of 0.98, a current ratio of 1.27 and a debt-to-equity ratio of 0.53. Honda Motor Co Ltd has a 52 week low of $19.38 and a 52 week high of $29.44. The firm has a market capitalization of $44.10 billion, a price-to-earnings ratio of 24.32, a P/E/G ratio of 1.29 and a beta of 0.87.

Honda Motor (NYSE:HMC) last posted its earnings results on Wednesday, August 5th. The company reported ($0.44) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.70) by $0.26. The business had revenue of $19.75 billion for the quarter, compared to analyst estimates of $20.11 billion. Honda Motor had a net margin of 1.56% and a return on equity of 2.41%. On average, analysts forecast that Honda Motor Co Ltd will post 1.07 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Monday, September 14th. Stockholders of record on Monday, June 29th were given a $0.083 dividend. This represents a $0.33 annualized dividend and a dividend yield of 1.33%. The ex-dividend date was Friday, June 26th. Honda Motor’s dividend payout ratio is currently 13.81%.

A number of brokerages have commented on HMC. Smith Barney Citigroup upgraded Honda Motor from a “neutral” rating to an “outperform” rating in a research note on Tuesday, July 7th. CLSA raised Honda Motor from an “underperform” rating to a “buy” rating in a research note on Tuesday, July 14th. ValuEngine upgraded Honda Motor from a “sell” rating to a “hold” rating in a report on Thursday, July 2nd. Macquarie started coverage on shares of Honda Motor in a research note on Tuesday, July 28th. They set an “outperform” rating on the stock. Finally, DZ Bank lowered shares of Honda Motor from a “hold” rating to a “sell” rating in a research note on Thursday, August 6th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $23.00.

Honda Motor Company Profile

Honda Motor Co, Ltd. develops, manufactures, and distributes motorcycles, automobiles, power products, and other products worldwide. The company operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Power Product and Other Businesses. The Motorcycle Business segment produces sports models, including trial and moto-cross racing vehicles; business and commuter models; all-terrain vehicles; and side-by-side models.

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Institutional Ownership by Quarter for Honda Motor (NYSE:HMC)

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