Intelligence Driven Advisers LLC Acquires New Position in Honda Motor Co., Ltd. (NYSE:HMC)

Intelligence Driven Advisers LLC acquired a new stake in shares of Honda Motor Co., Ltd. (NYSE:HMC) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 6,591 shares of the company’s stock, valued at approximately $221,000.

A number of other large investors also recently modified their holdings of HMC. Value Partners Investments Inc. increased its stake in Honda Motor by 72.8% in the 4th quarter. Value Partners Investments Inc. now owns 235,000 shares of the company’s stock worth $7,264,000 after purchasing an additional 99,000 shares during the period. XY Capital Ltd grew its position in shares of Honda Motor by 81.0% in the 4th quarter. XY Capital Ltd now owns 302,099 shares of the company’s stock worth $9,338,000 after buying an additional 135,224 shares during the last quarter. FMR LLC grew its position in shares of Honda Motor by 5.5% in the 3rd quarter. FMR LLC now owns 783,040 shares of the company’s stock worth $26,341,000 after buying an additional 41,000 shares during the last quarter. Janney Montgomery Scott LLC grew its position in shares of Honda Motor by 38.9% in the 3rd quarter. Janney Montgomery Scott LLC now owns 54,949 shares of the company’s stock worth $1,849,000 after buying an additional 15,384 shares during the last quarter. Finally, American Century Companies Inc. grew its position in shares of Honda Motor by 17.0% in the 3rd quarter. American Century Companies Inc. now owns 302,025 shares of the company’s stock worth $10,160,000 after buying an additional 43,981 shares during the last quarter. 5.32% of the stock is owned by hedge funds and other institutional investors.

Honda Motor Stock Up 1.7 %

Shares of NYSE HMC traded up $0.59 during mid-day trading on Thursday, hitting $34.41. 353,718 shares of the stock traded hands, compared to its average volume of 1,037,155. The company has a current ratio of 1.45, a quick ratio of 1.13 and a debt-to-equity ratio of 0.44. Honda Motor Co., Ltd. has a 52 week low of $26.02 and a 52 week high of $37.90. The stock has a fifty day moving average price of $35.79 and a 200-day moving average price of $33.32.

Honda Motor (NYSE:HMC) last released its quarterly earnings results on Friday, February 9th. The company reported $1.06 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.21. Honda Motor had a return on equity of 8.04% and a net margin of 5.05%. The company had revenue of $36.50 billion for the quarter, compared to analyst estimates of $37.68 billion. As a group, research analysts forecast that Honda Motor Co., Ltd. will post 4.14 EPS for the current 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.