Nicholas Hoffman & Company LLC. Sells 720 Shares of Honda Motor Co., Ltd. (NYSE:HMC)

Nicholas Hoffman & Company LLC. lessened its stake in Honda Motor Co., Ltd. (NYSE:HMC) by 3.6% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,111 shares of the company’s stock after selling 720 shares during the quarter. Nicholas Hoffman & Company LLC.’s holdings in Honda Motor were worth $712,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of HMC. Fisher Asset Management LLC boosted its holdings in Honda Motor by 2.7% during the fourth quarter. Fisher Asset Management LLC now owns 9,670,076 shares of the company’s stock worth $298,902,000 after purchasing an additional 258,160 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Honda Motor by 9.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,692,108 shares of the company’s stock valued at $52,303,000 after acquiring an additional 141,552 shares in the last quarter. Grantham Mayo Van Otterloo & Co. LLC increased its position in shares of Honda Motor by 16.9% during the third quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 847,609 shares of the company’s stock valued at $28,514,000 after acquiring an additional 122,408 shares during the last quarter. FMR LLC lifted its holdings in Honda Motor by 5.5% during the third quarter. FMR LLC now owns 783,040 shares of the company’s stock worth $26,341,000 after acquiring an additional 41,000 shares during the period. Finally, Northern Trust Corp boosted its position in Honda Motor by 0.5% in the third quarter. Northern Trust Corp now owns 622,975 shares of the company’s stock worth $20,957,000 after purchasing an additional 3,269 shares during the last quarter. Hedge funds and other institutional investors own 5.32% of the company’s stock.

Honda Motor Stock Performance

Shares of Honda Motor stock traded down $0.09 during trading hours on Tuesday, hitting $34.01. 1,152,539 shares of the company’s stock traded hands, compared to its average volume of 1,044,155. The stock has a market capitalization of $57.90 billion, a price-to-earnings ratio of 8.02, a PEG ratio of 0.37 and a beta of 0.71. Honda Motor Co., Ltd. has a 12-month low of $25.92 and a 12-month high of $37.90. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.45 and a quick ratio of 1.13. The company has a fifty day simple moving average of $35.82 and a 200-day simple moving average of $33.31.

Honda Motor (NYSE:HMC) last posted 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. The company had revenue of $36.50 billion during the quarter, compared to analyst estimates of $37.68 billion. Honda Motor had a net margin of 5.05% and a return on equity of 8.04%. Equities research analysts anticipate that Honda Motor Co., Ltd. will post 4.14 EPS for the current fiscal year.

About Honda Motor

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.