180 Wealth Advisors LLC Lowers Stock Holdings in Honda Motor Co., Ltd. (NYSE:HMC)

180 Wealth Advisors LLC lessened its holdings in shares of Honda Motor Co., Ltd. (NYSE:HMC) by 4.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 17,417 shares of the company’s stock after selling 809 shares during the quarter. 180 Wealth Advisors LLC’s holdings in Honda Motor were worth $497,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Wilmington Savings Fund Society FSB purchased a new position in Honda Motor during the third quarter worth about $36,000. Addison Advisors LLC increased its stake in shares of Honda Motor by 391.2% during the 3rd quarter. Addison Advisors LLC now owns 1,282 shares of the company’s stock valued at $41,000 after acquiring an additional 1,021 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of Honda Motor by 31.0% during the 3rd quarter. GAMMA Investing LLC now owns 2,382 shares of the company’s stock worth $76,000 after acquiring an additional 564 shares during the period. BNP Paribas Financial Markets boosted its position in shares of Honda Motor by 84.6% in the third quarter. BNP Paribas Financial Markets now owns 2,510 shares of the company’s stock worth $80,000 after acquiring an additional 1,150 shares during the last quarter. Finally, Transamerica Financial Advisors Inc. purchased a new stake in Honda Motor in the third quarter valued at approximately $111,000. Institutional investors and hedge funds own 5.32% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on HMC shares. UBS Group raised shares of Honda Motor from a “sell” rating to a “neutral” rating in a research note on Wednesday, December 18th. StockNews.com downgraded Honda Motor from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 2nd.

Honda Motor Stock Performance

Honda Motor stock opened at $28.33 on Wednesday. The company has a market cap of $48.46 billion, a price-to-earnings ratio of 7.00, a price-to-earnings-growth ratio of 2.51 and a beta of 0.59. Honda Motor Co., Ltd. has a 12 month low of $23.41 and a 12 month high of $37.90. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.43 and a quick ratio of 1.12. The stock’s 50-day moving average is $26.87 and its 200-day moving average is $29.92.

Honda Motor (NYSE:HMC) last posted its quarterly earnings results on Wednesday, November 6th. The company reported $0.43 EPS for the quarter, missing the consensus estimate of $0.86 by ($0.43). Honda Motor had a net margin of 4.53% and a return on equity of 7.53%. The business had revenue of $36.24 billion during the quarter, compared to analysts’ expectations of $35.60 billion. Equities analysts anticipate that Honda Motor Co., Ltd. will post 4.09 earnings per share 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.