9,042 Shares in Honda Motor Co., Ltd. $HMC Purchased by Sivia Capital Partners LLC

Key Points

• Sivia Capital Partners LLC made a significant investment in Honda Motor Co., Ltd. by purchasing 9,042 shares valued at approximately $261,000 during the second quarter.
• Honda Motor's stock has received mixed ratings from analysts, with Wall Street Zen upgrading it from "sell" to "hold," while others, like Zacks, downgraded it to "strong sell."
• The company's recent earnings report showed $0.97 earnings per share, exceeding the consensus estimate of $0.51, demonstrating a positive financial performance.

Sivia Capital Partners LLC purchased a new position in Honda Motor Co., Ltd. (NYSE:HMC - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 9,042 shares of the company's stock, valued at approximately $261,000.

A number of other institutional investors have also recently bought and sold shares of the stock. Equity Investment Corp increased its stake in Honda Motor by 4.6% in the 1st quarter. Equity Investment Corp now owns 2,198,541 shares of the company's stock worth $59,646,000 after purchasing an additional 96,230 shares in the last quarter. Northern Trust Corp grew its stake in Honda Motor by 1.0% during the 1st quarter. Northern Trust Corp now owns 1,110,812 shares of the company's stock valued at $30,136,000 after acquiring an additional 11,114 shares in the last quarter. American Century Companies Inc. grew its stake in Honda Motor by 5.8% during the 1st quarter. American Century Companies Inc. now owns 529,249 shares of the company's stock valued at $14,359,000 after acquiring an additional 29,152 shares in the last quarter. Raymond James Financial Inc. grew its stake in Honda Motor by 4.5% during the 1st quarter. Raymond James Financial Inc. now owns 435,783 shares of the company's stock valued at $11,823,000 after acquiring an additional 18,667 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in Honda Motor by 1.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 417,053 shares of the company's stock valued at $11,315,000 after acquiring an additional 7,305 shares in the last quarter. Hedge funds and other institutional investors own 5.32% of the company's stock.

Analyst Ratings Changes

HMC has been the topic of several research analyst reports. Wall Street Zen raised Honda Motor from a "sell" rating to a "hold" rating in a research note on Saturday, August 9th. Macquarie cut Honda Motor from an "outperform" rating to a "neutral" rating in a research note on Wednesday, June 25th. Finally, Zacks Research cut Honda Motor from a "hold" rating to a "strong sell" rating in a research note on Monday, September 1st. Four investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Reduce".

Honda Motor Stock Down 1.0%

HMC opened at $33.78 on Friday. The business has a 50 day moving average price of $32.96 and a 200 day moving average price of $30.48. Honda Motor Co., Ltd. has a twelve month low of $23.41 and a twelve month high of $34.89. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.01 and a current ratio of 1.30. The firm has a market cap of $52.72 billion, a P/E ratio of 11.69, a price-to-earnings-growth ratio of 1.13 and a beta of 0.52.

Honda Motor (NYSE:HMC - Get Free Report) last posted its earnings results on Wednesday, August 6th. The company reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.46. Honda Motor had a return on equity of 5.03% and a net margin of 2.95%.The firm had revenue of $36.22 billion during the quarter, compared to analyst estimates of $36.04 billion. Research analysts forecast that Honda Motor Co., Ltd. will post 3.99 EPS for the current 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.

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