Captrust Financial Advisors Has $703,000 Stock Holdings in Honda Motor Co., Ltd. (NYSE:HMC)

Captrust Financial Advisors cut its holdings in Honda Motor Co., Ltd. (NYSE:HMC - Free Report) by 33.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 24,633 shares of the company's stock after selling 12,453 shares during the quarter. Captrust Financial Advisors' holdings in Honda Motor were worth $703,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. First Trust Advisors LP lifted its stake in Honda Motor by 11.0% in the 4th 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 in the last quarter. Bank of America Corp DE lifted its stake in Honda Motor by 6.9% in the 4th quarter. Bank of America Corp DE now owns 1,255,537 shares of the company's stock valued at $35,846,000 after acquiring an additional 81,548 shares in the last quarter. Northern Trust Corp lifted its stake in Honda Motor by 69.9% in the 4th quarter. Northern Trust Corp now owns 1,099,698 shares of the company's stock valued at $31,396,000 after acquiring an additional 452,624 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new stake in Honda Motor in the 4th quarter valued at approximately $23,272,000. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its stake in Honda Motor by 153.8% in 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 acquiring an additional 404,883 shares in the last quarter. 5.32% of the stock is currently owned by institutional investors and hedge funds.

Honda Motor Stock Performance

Shares of HMC stock traded up $0.32 during trading on Tuesday, reaching $29.59. 488,453 shares of the company's stock were exchanged, compared to its average volume of 1,069,487. The company has a quick ratio of 1.10, a current ratio of 1.38 and a debt-to-equity ratio of 0.51. The stock has a market capitalization of $46.19 billion, a PE ratio of 6.88 and a beta of 0.55. Honda Motor Co., Ltd. has a twelve month low of $23.41 and a twelve month high of $33.96. The firm's fifty day moving average price is $28.97 and its 200-day moving average price is $28.02.

Honda Motor (NYSE:HMC - Get Free Report) last posted its earnings results on Tuesday, May 13th. The company reported $0.18 earnings per share for the quarter, missing analysts' consensus estimates of $0.72 by ($0.54). The business had revenue of $36.25 billion for the quarter, compared to analyst estimates of $5,371.99 billion. Honda Motor had a return on equity of 7.81% and a net margin of 4.76%. As a group, sell-side analysts anticipate that Honda Motor Co., Ltd. will post 3.99 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. Dbs Bank cut Honda Motor from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 14th. Sanford C. Bernstein started coverage on Honda Motor in a research note on Monday, April 14th. They set a "market perform" rating on the stock. Finally, StockNews.com cut Honda Motor from a "buy" rating to a "hold" rating in a research note on Wednesday, May 14th.

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.