14,442 Shares in Honda Motor Co., Ltd. (NYSE:HMC) Acquired by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC bought a new stake in Honda Motor Co., Ltd. (NYSE:HMC) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 14,442 shares of the company’s stock, valued at approximately $412,000.

Several other institutional investors have also modified their holdings of the stock. FMR LLC increased its position in Honda Motor by 52.5% during the third quarter. FMR LLC now owns 1,355,835 shares of the company’s stock worth $43,021,000 after purchasing an additional 466,842 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Honda Motor in the 4th quarter valued at approximately $11,909,000. Connor Clark & Lunn Investment Management Ltd. increased its holdings in shares of Honda Motor by 153.8% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 668,092 shares of the company’s stock worth $19,074,000 after buying an additional 404,883 shares during the last quarter. Fisher Asset Management LLC raised its position in shares of Honda Motor by 2.3% during the 3rd quarter. Fisher Asset Management LLC now owns 10,345,816 shares of the company’s stock valued at $328,273,000 after buying an additional 227,890 shares during the period. Finally, Gilman Hill Asset Management LLC acquired a new position in Honda Motor in the fourth quarter valued at approximately $4,772,000. Hedge funds and other institutional investors own 5.32% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on HMC shares. UBS Group upgraded Honda Motor from a “sell” rating to a “neutral” rating in a research report on Wednesday, December 18th. StockNews.com upgraded shares of Honda Motor from a “hold” rating to a “buy” rating in a report on Wednesday, February 19th.

Honda Motor Stock Performance

NYSE:HMC opened at $30.06 on Friday. Honda Motor Co., Ltd. has a fifty-two week low of $23.41 and a fifty-two week high of $37.90. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.10 and a current ratio of 1.38. The company has a 50 day moving average price of $28.40 and a 200 day moving average price of $28.86. The stock has a market capitalization of $46.91 billion, a P/E ratio of 6.99 and a beta of 0.61.

Honda Motor (NYSE:HMC) last released its quarterly earnings results on Thursday, February 13th. The company reported $1.31 EPS for the quarter, topping the consensus estimate of $0.94 by $0.37. The business had revenue of $36.31 billion during the quarter, compared to analyst estimates of $35.31 billion. Honda Motor had a return on equity of 7.81% and a net margin of 4.76%. Equities research analysts forecast that Honda Motor Co., Ltd. will post 3.99 EPS for the current 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.