Marshall Wace LLP Acquires New Holdings in Honda Motor Co., Ltd. (NYSE:HMC)

Marshall Wace LLP acquired a new stake in shares of Honda Motor Co., Ltd. (NYSE:HMC - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 138,312 shares of the company's stock, valued at approximately $3,949,000.

Several other hedge funds have also recently modified their holdings of HMC. Raymond James Financial Inc. purchased a new position in Honda Motor during the 4th quarter valued at approximately $11,909,000. OLD Mission Capital LLC bought a new position in shares of Honda Motor during the 4th quarter valued at approximately $3,964,000. XY Capital Ltd purchased a new position in shares of Honda Motor in the fourth quarter valued at $1,294,000. Landscape Capital Management L.L.C. increased its position in Honda Motor by 347.2% in the fourth quarter. Landscape Capital Management L.L.C. now owns 56,134 shares of the company's stock worth $1,603,000 after purchasing an additional 43,582 shares during the last quarter. Finally, Hedges Asset Management LLC raised its stake in Honda Motor by 91.8% during the fourth quarter. Hedges Asset Management LLC now owns 28,000 shares of the company's stock valued at $799,000 after purchasing an additional 13,400 shares in the last quarter. Hedge funds and other institutional investors own 5.32% of the company's stock.

Analysts Set New Price Targets

HMC has been the topic of a number of research reports. Sanford C. Bernstein assumed coverage on shares of Honda Motor in a report on Monday, April 14th. They issued a "market perform" rating on the stock. StockNews.com raised Honda Motor from a "hold" rating to a "buy" rating in a research note on Wednesday, February 19th.

Honda Motor Trading Down 0.0 %

Shares of HMC traded down $0.01 during midday trading on Thursday, hitting $30.50. The stock had a trading volume of 131,460 shares, compared to its average volume of 1,066,710. The firm has a market cap of $47.60 billion, a PE ratio of 7.10 and a beta of 0.57. The stock's 50 day moving average is $28.48 and its 200 day moving average is $28.11. Honda Motor Co., Ltd. has a 1 year low of $23.41 and a 1 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.

Honda Motor (NYSE:HMC - Get Free Report) last posted 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 company had revenue of $36.31 billion for the quarter, compared to the consensus estimate of $35.31 billion. Honda Motor had a net margin of 4.76% and a return on equity of 7.81%. As a group, analysts forecast that Honda Motor Co., Ltd. will post 3.99 EPS 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.