Honda Motor Co., Ltd. (NYSE:HMC) Shares Bought by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC lifted its holdings in Honda Motor Co., Ltd. (NYSE:HMC) by 10.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,683 shares of the company’s stock after acquiring an additional 1,388 shares during the period. Orion Portfolio Solutions LLC’s holdings in Honda Motor were worth $466,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Ballentine Partners LLC increased its position in shares of Honda Motor by 3.4% in the second quarter. Ballentine Partners LLC now owns 10,957 shares of the company’s stock worth $353,000 after acquiring an additional 359 shares in the last quarter. Apollon Wealth Management LLC increased its position in shares of Honda Motor by 1.5% in the third quarter. Apollon Wealth Management LLC now owns 26,138 shares of the company’s stock worth $829,000 after acquiring an additional 389 shares in the last quarter. Harrington Investments INC increased its position in shares of Honda Motor by 1.0% in the second quarter. Harrington Investments INC now owns 39,824 shares of the company’s stock worth $1,284,000 after acquiring an additional 410 shares in the last quarter. Janney Montgomery Scott LLC increased its position in shares of Honda Motor by 0.6% in the third quarter. Janney Montgomery Scott LLC now owns 82,821 shares of the company’s stock worth $2,628,000 after acquiring an additional 495 shares in the last quarter. Finally, Atomi Financial Group Inc. increased its position in shares of Honda Motor by 3.2% in the second quarter. Atomi Financial Group Inc. now owns 16,472 shares of the company’s stock worth $531,000 after acquiring an additional 509 shares in the last quarter. Institutional investors and hedge funds own 5.32% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of Honda Motor from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 2nd.

Honda Motor Price Performance

Shares of HMC stock opened at $25.26 on Wednesday. The company has a market capitalization of $43.20 billion, a PE ratio of 6.24, a price-to-earnings-growth ratio of 2.57 and a beta of 0.62. The firm has a fifty day simple moving average of $28.03 and a 200-day simple moving average of $30.52. 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 twelve month low of $24.93 and a twelve month high of $37.90.

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