Headlands Technologies LLC Takes Position in Honda Motor Co., Ltd. (NYSE:HMC)

Headlands Technologies LLC bought a new position in shares of Honda Motor Co., Ltd. (NYSE:HMC) during the 4th quarter, HoldingsChannel.com reports. The fund bought 3,611 shares of the company’s stock, valued at approximately $112,000.

A number of other hedge funds also recently added to or reduced their stakes in the business. Callan Capital LLC acquired a new position in shares of Honda Motor in the fourth quarter worth $213,000. Atria Wealth Solutions Inc. increased its holdings in Honda Motor by 1.6% during the 4th quarter. Atria Wealth Solutions Inc. now owns 20,162 shares of the company’s stock worth $623,000 after purchasing an additional 326 shares during the period. GAMMA Investing LLC acquired a new stake in Honda Motor in the 4th quarter valued at about $46,000. Foster & Motley Inc. boosted its stake in shares of Honda Motor by 17.4% in the 4th quarter. Foster & Motley Inc. now owns 96,964 shares of the company’s stock valued at $2,997,000 after buying an additional 14,342 shares during the period. Finally, RWA Wealth Partners LLC purchased a new position in shares of Honda Motor in the 4th quarter valued at about $3,089,000. 5.32% of the stock is currently owned by institutional investors and hedge funds.

Honda Motor Stock Up 0.7 %

HMC stock opened at $34.10 on Tuesday. The company’s 50 day moving average price is $35.83 and its 200 day moving average price is $33.31. The firm has a market capitalization of $57.90 billion, a price-to-earnings ratio of 8.04, a PEG ratio of 0.37 and a beta of 0.71. Honda Motor Co., Ltd. has a fifty-two week low of $25.92 and a fifty-two week high of $37.90. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.13 and a current ratio of 1.45.

Honda Motor (NYSE:HMC) last announced its quarterly earnings data on Friday, February 9th. The company reported $1.06 EPS for the quarter, beating analysts’ consensus estimates of $0.85 by $0.21. The company had revenue of $36.50 billion for the quarter, compared to the consensus estimate of $37.68 billion. Honda Motor had a net margin of 5.05% and a return on equity of 8.04%. On average, equities research analysts anticipate that Honda Motor Co., Ltd. will post 4.14 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.