Schechter Investment Advisors LLC Sells 2,219 Shares of Honda Motor Co., Ltd. (NYSE:HMC)

Schechter Investment Advisors LLC decreased its holdings in Honda Motor Co., Ltd. (NYSE:HMC) by 7.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 29,193 shares of the company’s stock after selling 2,219 shares during the quarter. Schechter Investment Advisors LLC’s holdings in Honda Motor were worth $902,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Harrington Investments INC boosted its position in Honda Motor by 2.3% during the fourth quarter. Harrington Investments INC now owns 39,890 shares of the company’s stock valued at $1,233,000 after acquiring an additional 907 shares during the last quarter. Abundance Wealth Counselors boosted its position in Honda Motor by 9.1% during the fourth quarter. Abundance Wealth Counselors now owns 32,294 shares of the company’s stock valued at $998,000 after acquiring an additional 2,707 shares during the last quarter. Aprio Wealth Management LLC bought a new stake in Honda Motor during the fourth quarter valued at $245,000. Raymond James Financial Services Advisors Inc. boosted its position in Honda Motor by 8.0% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 24,267 shares of the company’s stock valued at $750,000 after acquiring an additional 1,806 shares during the last quarter. Finally, Raymond James & Associates boosted its position in Honda Motor by 6.9% during the fourth quarter. Raymond James & Associates now owns 323,011 shares of the company’s stock valued at $9,984,000 after acquiring an additional 20,787 shares during the last quarter. Institutional investors own 5.32% of the company’s stock.

Honda Motor Stock Performance

Shares of HMC opened at $37.33 on Thursday. The company has a current ratio of 1.45, a quick ratio of 1.13 and a debt-to-equity ratio of 0.44. The stock has a market capitalization of $63.85 billion, a P/E ratio of 8.80, a price-to-earnings-growth ratio of 0.43 and a beta of 0.71. The firm’s fifty day simple moving average is $34.80 and its two-hundred day simple moving average is $33.07. Honda Motor Co., Ltd. has a 12 month low of $25.75 and a 12 month high of $37.90.

Honda Motor (NYSE:HMC) last issued its quarterly earnings results on Friday, February 9th. The company reported $1.06 EPS for the quarter, beating analysts’ consensus estimates of $0.85 by $0.21. Honda Motor had a net margin of 5.05% and a return on equity of 8.04%. The business had revenue of $36.50 billion for the quarter, compared to analysts’ expectations of $37.68 billion. As a group, analysts predict that Honda Motor Co., Ltd. will post 4.2 EPS for the current 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.