Quantbot Technologies LP Invests $982,000 in Honda Motor Co., Ltd. (NYSE:HMC)

Quantbot Technologies LP purchased a new stake in Honda Motor Co., Ltd. (NYSE:HMC) in the fourth quarter, according to its most recent filing with the SEC. The fund purchased 34,391 shares of the company’s stock, valued at approximately $982,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Asset Planning Inc bought a new position in Honda Motor in the 4th quarter worth about $25,000. R Squared Ltd acquired a new position in shares of Honda Motor during the fourth quarter valued at approximately $30,000. Wilmington Savings Fund Society FSB bought a new stake in Honda Motor during the third quarter worth approximately $36,000. Manchester Capital Management LLC bought a new stake in shares of Honda Motor in the 4th quarter worth $40,000. Finally, Farther Finance Advisors LLC boosted its position in shares of Honda Motor by 70.1% during the 4th quarter. Farther Finance Advisors LLC now owns 1,868 shares of the company’s stock valued at $53,000 after purchasing an additional 770 shares in the last quarter. 5.32% of the stock is owned by institutional investors and hedge funds.

Honda Motor Trading Up 0.3 %

NYSE:HMC opened at $30.13 on Wednesday. The company has a market capitalization of $47.03 billion, a P/E ratio of 7.01 and a beta of 0.61. The stock’s 50 day moving average price is $28.47 and its 200 day moving average price is $28.79. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.10 and a current ratio of 1.38. Honda Motor Co., Ltd. has a 52 week low of $23.41 and a 52 week high of $37.37.

Honda Motor (NYSE:HMC) last issued its quarterly earnings results on Thursday, February 13th. The company reported $1.31 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.37. The company 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%. On average, research analysts forecast that Honda Motor Co., Ltd. will post 3.99 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on HMC shares. StockNews.com raised Honda Motor from a “hold” rating to a “buy” rating in a research note on Wednesday, February 19th. UBS Group upgraded Honda Motor from a “sell” rating to a “neutral” rating in a report on Wednesday, December 18th.

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.