LMR Partners LLP acquired a new position in shares of Honda Motor Co Ltd (NYSE:HMC) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 35,000 shares of the company’s stock, valued at approximately $1,037,000.

Other institutional investors also recently bought and sold shares of the company. IFP Advisors Inc increased its position in Honda Motor Co by 13.2% during the 2nd quarter. IFP Advisors Inc now owns 4,884 shares of the company’s stock worth $134,000 after purchasing an additional 571 shares in the last quarter. Pacad Investment Ltd. increased its position in Honda Motor Co by 6.3% during the 2nd quarter. Pacad Investment Ltd. now owns 5,100 shares of the company’s stock worth $140,000 after purchasing an additional 300 shares in the last quarter. SG Americas Securities LLC increased its position in Honda Motor Co by 7.3% during the 2nd quarter. SG Americas Securities LLC now owns 5,552 shares of the company’s stock worth $152,000 after purchasing an additional 377 shares in the last quarter. Smithfield Trust Co. increased its position in Honda Motor Co by 7.9% during the 2nd quarter. Smithfield Trust Co. now owns 6,448 shares of the company’s stock worth $176,000 after purchasing an additional 470 shares in the last quarter. Finally, Raymond James Trust N.A. purchased a new stake in Honda Motor Co during the 3rd quarter worth about $204,000. Hedge funds and other institutional investors own 2.53% of the company’s stock.

Shares of Honda Motor Co Ltd (HMC) opened at $33.13 on Friday. The company has a quick ratio of 0.96, a current ratio of 1.23 and a debt-to-equity ratio of 0.52. The firm has a market capitalization of $60,066.95, a price-to-earnings ratio of 10.46, a PEG ratio of 2.74 and a beta of 1.05. Honda Motor Co Ltd has a twelve month low of $27.05 and a twelve month high of $33.75.

Several analysts have commented on the company. BidaskClub cut Honda Motor Co from a “sell” rating to a “strong sell” rating in a report on Thursday, August 10th. Jefferies Group LLC set a $35.00 price objective on Honda Motor Co and gave the stock a “buy” rating in a research note on Wednesday, August 16th. Instinet raised Honda Motor Co from a “reduce” rating to a “neutral” rating in a research note on Tuesday, August 1st. ValuEngine raised Honda Motor Co from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Finally, Zacks Investment Research raised Honda Motor Co from a “hold” rating to a “strong-buy” rating and set a $32.00 price target for the company in a research note on Thursday, August 17th. Two analysts have rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of $34.18.

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Honda Motor Co Profile

Honda Motor Co, Ltd. (Honda) develops, manufactures and markets motorcycles, automobiles and power products across the world. The Company’s segments include Motorcycle Business, Automobile business, Financial services business, and Power product and other businesses. The Company produces a range of motorcycles, with engine displacement ranging from the 50 cubic centimeters class to the 1,800 cubic centimeters class.

Institutional Ownership by Quarter for Honda Motor Co (NYSE:HMC)

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