Jane Street Group LLC reduced its holdings in Honda Motor Co Ltd (NYSE:HMC) by 64.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,683 shares of the company’s stock after selling 34,140 shares during the period. Jane Street Group LLC’s holdings in Honda Motor were worth $495,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Capital Investment Advisory Services LLC purchased a new stake in Honda Motor during the fourth quarter worth $34,000. Financial Gravity Companies Inc. acquired a new position in Honda Motor during the fourth quarter worth $39,000. We Are One Seven LLC acquired a new position in Honda Motor during the fourth quarter worth $52,000. Bessemer Group Inc. raised its position in Honda Motor by 14.5% during the fourth quarter. Bessemer Group Inc. now owns 3,018 shares of the company’s stock worth $79,000 after acquiring an additional 382 shares during the period. Finally, Parallel Advisors LLC raised its position in Honda Motor by 72.8% during the fourth quarter. Parallel Advisors LLC now owns 3,564 shares of the company’s stock worth $94,000 after acquiring an additional 1,502 shares during the period. 2.07% of the stock is currently owned by institutional investors and hedge funds.

NYSE:HMC opened at $28.11 on Thursday. The company has a quick ratio of 0.95, a current ratio of 1.23 and a debt-to-equity ratio of 0.47. The firm has a market cap of $49.93 billion, a price-to-earnings ratio of 7.77, a P/E/G ratio of 4.50 and a beta of 0.94. Honda Motor Co Ltd has a fifty-two week low of $25.30 and a fifty-two week high of $35.42.

Honda Motor (NYSE:HMC) last posted its quarterly earnings data on Friday, February 1st. The company reported $0.85 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.85. The company had revenue of $3,957.12 billion during the quarter, compared to analysts’ expectations of $3,956.54 billion. Honda Motor had a net margin of 4.73% and a return on equity of 8.49%. The firm’s revenue for the quarter was down .4% on a year-over-year basis. During the same period in the prior year, the business posted $318.50 earnings per share. As a group, equities research analysts predict that Honda Motor Co Ltd will post 3.85 EPS for the current year.

HMC has been the subject of a number of research analyst reports. Nomura upgraded shares of Honda Motor from a “neutral” rating to a “buy” rating in a research report on Tuesday, February 19th. ValuEngine cut shares of Honda Motor from a “sell” rating to a “strong sell” rating in a research report on Wednesday, February 13th. Finally, Zacks Investment Research cut shares of Honda Motor from a “buy” rating to a “hold” rating in a research report on Thursday, March 7th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $36.50.

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Honda Motor Profile

Honda Motor Co, Ltd. develops, manufactures, and distributes motorcycles, automobiles, power products, and other products worldwide. The company operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Power Product and Other Businesses. The Motorcycle Business segment produces sports models, including trial and moto-cross racing vehicles; business and commuter models; all-terrain vehicles; and side-by-side models.

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

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