Crossmark Global Holdings Inc. Has $5.18 Million Stake in Honda Motor Co., Ltd. (NYSE:HMC)

Crossmark Global Holdings Inc. grew its holdings in Honda Motor Co., Ltd. (NYSE:HMC) by 19.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 181,431 shares of the company’s stock after purchasing an additional 29,108 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Honda Motor were worth $5,180,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the business. Fisher Asset Management LLC lifted its position in Honda Motor by 2.3% during the 3rd quarter. Fisher Asset Management LLC now owns 10,345,816 shares of the company’s stock worth $328,273,000 after buying an additional 227,890 shares in the last quarter. Equity Investment Corp raised its stake in shares of Honda Motor by 1.8% in the third quarter. Equity Investment Corp now owns 2,097,616 shares of the company’s stock worth $66,557,000 after acquiring an additional 36,221 shares during the last quarter. FMR LLC lifted its position in shares of Honda Motor by 52.5% during the third quarter. FMR LLC now owns 1,355,835 shares of the company’s stock worth $43,021,000 after purchasing an additional 466,842 shares in the last quarter. Raymond James & Associates grew its stake in shares of Honda Motor by 5.5% during the third quarter. Raymond James & Associates now owns 348,112 shares of the company’s stock valued at $11,046,000 after purchasing an additional 18,134 shares during the last quarter. Finally, Assetmark Inc. increased its holdings in shares of Honda Motor by 3.7% in the third quarter. Assetmark Inc. now owns 281,241 shares of the company’s stock valued at $8,924,000 after purchasing an additional 9,978 shares in the last quarter. Institutional investors own 5.32% of the company’s stock.

Honda Motor Trading Up 1.6 %

NYSE:HMC opened at $28.70 on Wednesday. The company has a current ratio of 1.43, a quick ratio of 1.12 and a debt-to-equity ratio of 0.49. Honda Motor Co., Ltd. has a 1-year low of $23.41 and a 1-year high of $37.90. The firm has a market capitalization of $44.79 billion, a price-to-earnings ratio of 7.09 and a beta of 0.59. The business’s 50-day moving average price is $26.94 and its two-hundred day moving average price is $29.80.

Honda Motor (NYSE:HMC) last announced its quarterly earnings results on Wednesday, November 6th. The company reported $0.43 earnings per share for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.43). The firm had revenue of $36.24 billion during the quarter, compared to analyst estimates of $35.60 billion. Honda Motor had a net margin of 4.53% and a return on equity of 7.53%. On average, equities analysts expect that Honda Motor Co., Ltd. will post 4.2 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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

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.