Aquatic Capital Management LLC Has $600,000 Stake in Honda Motor Co., Ltd. (NYSE:HMC)

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

Several other hedge funds also recently made changes to their positions in HMC. Arrowstreet Capital Limited Partnership bought a new position in Honda Motor during the 4th quarter worth $23,272,000. Raymond James Financial Inc. acquired a new stake in Honda Motor during the fourth quarter worth about $11,909,000. Connor Clark & Lunn Investment Management Ltd. boosted its position in shares of 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 worth $19,074,000 after acquiring an additional 404,883 shares in the last quarter. Gilman Hill Asset Management LLC bought a new position in Honda Motor in the fourth quarter valued at approximately $4,772,000. Finally, First Trust Advisors LP raised its position in Honda Motor by 11.0% during the fourth quarter. First Trust Advisors LP now owns 1,594,299 shares of the company's stock valued at $45,517,000 after purchasing an additional 158,072 shares in the last quarter. 5.32% of the stock is owned by institutional investors.

Analyst Ratings Changes

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

Honda Motor Price Performance

Shares of NYSE:HMC opened at $30.38 on Friday. The firm has a 50 day simple moving average of $28.55 and a 200 day simple moving average of $28.10. The company has a market cap of $47.42 billion, a price-to-earnings ratio of 7.07 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.

Honda Motor (NYSE:HMC - Get Free Report) last released its quarterly earnings data 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. Honda Motor had a return on equity of 7.81% and a net margin of 4.76%. The company had revenue of $36.31 billion for the quarter, compared to the consensus estimate of $35.31 billion. Research analysts predict that Honda Motor Co., Ltd. will post 3.99 earnings per share for the current fiscal year.

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.

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