United Capital Financial Advisors LLC Sells 2,488 Shares of Honda Motor Co., Ltd. (NYSE:HMC)

United Capital Financial Advisors LLC decreased its holdings in shares of Honda Motor Co., Ltd. (NYSE:HMC) by 13.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 15,850 shares of the company’s stock after selling 2,488 shares during the period. United Capital Financial Advisors LLC’s holdings in Honda Motor were worth $453,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Asset Planning Inc purchased a new stake in Honda Motor in the fourth quarter valued at approximately $25,000. Murphy & Mullick Capital Management Corp purchased a new position in Honda Motor in the fourth quarter worth $26,000. R Squared Ltd purchased a new stake in Honda Motor during the fourth quarter valued at about $30,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Honda Motor in the 3rd quarter worth about $36,000. Finally, Manchester Capital Management LLC bought a new position in shares of Honda Motor during the 4th quarter valued at about $40,000. 5.32% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on HMC shares. StockNews.com upgraded Honda Motor from a “hold” rating to a “buy” rating in a research report on Wednesday, February 19th. Sanford C. Bernstein assumed coverage on shares of Honda Motor in a research note on Monday, April 14th. They issued a “market perform” rating for the company.

Honda Motor Price Performance

Shares of Honda Motor stock opened at $29.09 on Monday. The stock has a market capitalization of $45.40 billion, a P/E ratio of 6.76 and a beta of 0.57. Honda Motor Co., Ltd. has a one year low of $23.41 and a one year high of $34.99. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.38 and a quick ratio of 1.10. The business’s 50 day simple moving average is $28.11 and its two-hundred day simple moving average is $28.16.

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

Honda Motor 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.