Stephens Inc. AR cut its holdings in shares of Honda Motor Company, Ltd. (NYSE:HMC) by 6.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 67,868 shares of the company’s stock after selling 4,946 shares during the quarter. Stephens Inc. AR’s holdings in Honda Motor were worth $2,006,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. American Century Companies Inc. increased its holdings in shares of Honda Motor by 35.3% during the 2nd quarter. American Century Companies Inc. now owns 5,581,290 shares of the company’s stock worth $152,872,000 after acquiring an additional 1,455,144 shares during the last quarter. Brandes Investment Partners LP grew its holdings in Honda Motor by 7.5% in the 2nd quarter. Brandes Investment Partners LP now owns 3,915,546 shares of the company’s stock valued at $107,247,000 after buying an additional 271,870 shares in the last quarter. Macquarie Group Ltd. grew its holdings in Honda Motor by 15.0% in the 2nd quarter. Macquarie Group Ltd. now owns 3,809,248 shares of the company’s stock valued at $104,335,000 after buying an additional 496,345 shares in the last quarter. Renaissance Technologies LLC grew its holdings in Honda Motor by 11.8% in the 2nd quarter. Renaissance Technologies LLC now owns 2,876,703 shares of the company’s stock valued at $78,793,000 after buying an additional 302,703 shares in the last quarter. Finally, Mondrian Investment Partners LTD grew its holdings in Honda Motor by 26.4% in the 2nd quarter. Mondrian Investment Partners LTD now owns 2,154,333 shares of the company’s stock valued at $58,167,000 after buying an additional 449,345 shares in the last quarter. 2.53% of the stock is currently owned by institutional investors and hedge funds.

HMC has been the topic of a number of research reports. Nomura raised Honda Motor from a “reduce” rating to a “neutral” rating in a report on Tuesday, August 1st. Instinet raised Honda Motor from a “reduce” rating to a “neutral” rating in a report on Tuesday, August 1st. BidaskClub raised Honda Motor from a “strong sell” rating to a “sell” rating in a report on Thursday, August 3rd. Jefferies Group LLC set a $35.00 price objective on Honda Motor and gave the company a “buy” rating in a report on Wednesday, August 16th. Finally, Zacks Investment Research raised Honda Motor from a “hold” rating to a “strong-buy” rating and set a $32.00 price objective on the stock in a report on Thursday, August 17th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the stock. Honda Motor presently has an average rating of “Hold” and a consensus price target of $34.18.

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Shares of Honda Motor Company, Ltd. (NYSE HMC) traded up $0.20 during mid-day trading on Wednesday, hitting $33.12. The company had a trading volume of 389,000 shares, compared to its average volume of 673,775. The company has a current ratio of 1.23, a quick ratio of 0.96 and a debt-to-equity ratio of 0.52. Honda Motor Company, Ltd. has a twelve month low of $27.05 and a twelve month high of $33.75. The company has a market cap of $59,632.21, a P/E ratio of 10.39, a P/E/G ratio of 2.72 and a beta of 1.05.

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.

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

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