Natixis Advisors LLC Lowers Stock Position in Honda Motor Co., Ltd. (NYSE:HMC)

Natixis Advisors LLC reduced its stake in shares of Honda Motor Co., Ltd. (NYSE:HMC) by 27.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 160,751 shares of the company’s stock after selling 59,877 shares during the period. Natixis Advisors LLC’s holdings in Honda Motor were worth $4,589,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Fisher Asset Management LLC raised its stake in 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 purchasing an additional 227,890 shares during the period. FMR LLC raised its stake in Honda Motor by 52.5% during the 3rd quarter. FMR LLC now owns 1,355,835 shares of the company’s stock valued at $43,021,000 after purchasing an additional 466,842 shares during the period. Connor Clark & Lunn Investment Management Ltd. raised its stake in 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 valued at $19,074,000 after purchasing an additional 404,883 shares during the period. Brandes Investment Partners LP raised its stake in Honda Motor by 13.1% during the 4th quarter. Brandes Investment Partners LP now owns 570,169 shares of the company’s stock valued at $16,278,000 after purchasing an additional 66,030 shares during the period. Finally, Raymond James Financial Inc. bought a new stake in Honda Motor during the 4th quarter valued at approximately $11,909,000. Institutional investors own 5.32% of the company’s stock.

Analyst Ratings Changes

HMC has been the topic of several recent analyst reports. UBS Group raised Honda Motor from a “sell” rating to a “neutral” rating in a research note on Wednesday, December 18th. StockNews.com raised Honda Motor from a “hold” rating to a “buy” rating in a research note on Wednesday, February 19th.

Honda Motor Stock Performance

NYSE:HMC opened at $30.06 on Friday. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.38 and a quick ratio of 1.10. Honda Motor Co., Ltd. has a 1 year low of $23.41 and a 1 year high of $37.90. The stock’s 50 day simple moving average is $28.40 and its two-hundred day simple moving average is $28.86. The company has a market cap of $46.91 billion, a price-to-earnings ratio of 6.99 and a beta of 0.61.

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