Aquatic Capital Management LLC Lowers Stock Holdings in Honda Motor Co., Ltd. (NYSE:HMC)

Aquatic Capital Management LLC trimmed its holdings in Honda Motor Co., Ltd. (NYSE:HMC - Free Report) by 44.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 21,024 shares of the company's stock after selling 16,576 shares during the quarter. Aquatic Capital Management LLC's holdings in Honda Motor were worth $600,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. First Trust Advisors LP increased its position in shares of Honda Motor by 11.0% in the fourth quarter. First Trust Advisors LP now owns 1,594,299 shares of the company's stock valued at $45,517,000 after acquiring an additional 158,072 shares during the period. Arrowstreet Capital Limited Partnership purchased a new position in Honda Motor during the 4th quarter valued at about $23,272,000. Connor Clark & Lunn Investment Management Ltd. raised its position 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 last quarter. Brandes Investment Partners LP lifted its holdings in Honda Motor by 13.1% in the 4th quarter. Brandes Investment Partners LP now owns 570,169 shares of the company's stock worth $16,278,000 after buying an additional 66,030 shares during the period. Finally, American Century Companies Inc. grew its position in shares of Honda Motor by 6.7% in the 4th quarter. American Century Companies Inc. now owns 500,097 shares of the company's stock worth $14,278,000 after buying an additional 31,267 shares during the last quarter. Hedge funds and other institutional investors own 5.32% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on HMC shares. Sanford C. Bernstein initiated coverage on Honda Motor in a research report on Monday, April 14th. They issued a "market perform" rating for the company. StockNews.com raised shares of Honda Motor from a "hold" rating to a "buy" rating in a research report on Wednesday, February 19th.

Honda Motor Stock Down 1.3 %

Shares of Honda Motor stock traded down $0.39 during midday trading on Wednesday, hitting $30.40. The company had a trading volume of 152,884 shares, compared to its average volume of 1,064,761. Honda Motor Co., Ltd. has a 52-week low of $23.41 and a 52-week high of $34.70. 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 stock has a market capitalization of $47.44 billion, a P/E ratio of 7.07 and a beta of 0.55. The company has a 50 day moving average of $28.73 and a 200 day moving average of $28.08.

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, beating analysts' consensus estimates of $0.94 by $0.37. The firm had revenue of $36.31 billion for 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%. On average, equities analysts predict 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.