Dimensional Fund Advisors LP raised its stake in Honda Motor Company, Ltd. (NYSE:HMC) by 4.3% during the first quarter, Holdings Channel reports. The fund owned 702,203 shares of the company’s stock after buying an additional 28,704 shares during the period. Dimensional Fund Advisors LP’s holdings in Honda Motor were worth $21,249,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the company. Nicholas Hoffman & Company LLC. increased its position in Honda Motor by 13.4% in the first quarter. Nicholas Hoffman & Company LLC. now owns 27,480 shares of the company’s stock valued at $832,000 after buying an additional 3,240 shares during the last quarter. Sei Investments Co. increased its position in Honda Motor by 10.2% in the first quarter. Sei Investments Co. now owns 67,645 shares of the company’s stock valued at $2,047,000 after buying an additional 6,252 shares during the last quarter. Founders Capital Management acquired a new position in Honda Motor during the first quarter valued at $1,413,000. FMR LLC increased its position in Honda Motor by 107.1% in the fourth quarter. FMR LLC now owns 70,195 shares of the company’s stock valued at $2,049,000 after buying an additional 36,300 shares during the last quarter. Finally, Nationwide Fund Advisors increased its position in Honda Motor by 2.2% in the first quarter. Nationwide Fund Advisors now owns 99,488 shares of the company’s stock valued at $3,011,000 after buying an additional 2,116 shares during the last quarter. Hedge funds and other institutional investors own 2.56% of the company’s stock.

Shares of Honda Motor Company, Ltd. (NYSE:HMC) traded down 0.18% during trading on Thursday, reaching $27.82. 51,717 shares of the company traded hands. The company has a market capitalization of $50.14 billion, a P/E ratio of 8.53 and a beta of 1.01. The company’s 50-day moving average price is $27.70 and its 200-day moving average price is $29.14. Honda Motor Company, Ltd. has a 52 week low of $27.05 and a 52 week high of $32.17.

Honda Motor (NYSE:HMC) last released its earnings results on Tuesday, August 1st. The company reported $1.04 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.83 by $0.21. The company had revenue of $3,713 billion during the quarter, compared to analyst estimates of $3,525.55 billion. Honda Motor had a net margin of 4.58% and a return on equity of 8.57%. The firm’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $96.93 EPS. Equities research analysts forecast that Honda Motor Company, Ltd. will post $2.76 EPS for the current fiscal year.

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Several equities analysts have recently weighed in on HMC shares. Zacks Investment Research downgraded shares of Honda Motor from a “hold” rating to a “sell” rating in a research note on Tuesday, June 27th. TheStreet raised shares of Honda Motor from a “c+” rating to a “b-” rating in a research note on Friday, April 28th. BidaskClub cut shares of Honda Motor from a “sell” rating to a “strong sell” rating in a research note on Thursday, June 22nd. Instinet raised shares of Honda Motor from a “reduce” rating to a “neutral” rating in a research note on Tuesday, August 1st. Finally, Nomura raised shares of Honda Motor from a “reduce” rating to a “neutral” rating in a research note on Tuesday, August 1st. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $33.59.

Honda Motor Company 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.

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

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