Canada Pension Plan Investment Board Raises Stake in Honda Motor Co., Ltd. (NYSE:HMC)

Canada Pension Plan Investment Board grew its position in shares of Honda Motor Co., Ltd. (NYSE:HMCFree Report) by 193.0% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 441,200 shares of the company’s stock after acquiring an additional 290,600 shares during the period. Canada Pension Plan Investment Board’s holdings in Honda Motor were worth $14,842,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Sequoia Financial Advisors LLC raised its holdings in Honda Motor by 1.8% in the third quarter. Sequoia Financial Advisors LLC now owns 18,082 shares of the company’s stock valued at $608,000 after buying an additional 315 shares during the period. Lincoln National Corp lifted its holdings in shares of Honda Motor by 4.1% during the 2nd quarter. Lincoln National Corp now owns 9,159 shares of the company’s stock valued at $278,000 after acquiring an additional 360 shares in the last quarter. Spire Wealth Management boosted its position in Honda Motor by 52.2% during the 2nd quarter. Spire Wealth Management now owns 1,233 shares of the company’s stock worth $37,000 after purchasing an additional 423 shares during the period. Private Trust Co. NA increased its holdings in Honda Motor by 77.6% in the 3rd quarter. Private Trust Co. NA now owns 975 shares of the company’s stock valued at $33,000 after purchasing an additional 426 shares in the last quarter. Finally, Glenmede Trust Co. NA raised its position in 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. 5.32% of the stock is currently owned by hedge funds and other institutional investors.

Honda Motor Price Performance

Shares of NYSE HMC opened at $34.36 on Monday. The company has a market capitalization of $58.78 billion, a price-to-earnings ratio of 8.10, a PEG ratio of 0.43 and a beta of 0.69. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.45 and a quick ratio of 1.13. Honda Motor Co., Ltd. has a 1-year low of $24.41 and a 1-year high of $36.82. The business has a 50-day moving average of $31.74 and a 200-day moving average of $32.16.

Honda Motor (NYSE:HMCGet Free Report) last issued its quarterly earnings data on Friday, February 9th. The company reported $1.06 earnings per share (EPS) 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 company had revenue of $36.50 billion during the quarter, compared to the consensus estimate of $37.68 billion. On average, equities analysts anticipate that Honda Motor Co., Ltd. will post 4.26 EPS for the current fiscal year.

Honda Motor Profile

(Free Report)

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.

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

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