Generali Investments CEE investicni spolecnost a.s. Acquires 34,119 Shares of Honda Motor Co., Ltd. (NYSE:HMC)

Generali Investments CEE investicni spolecnost a.s. boosted its stake in Honda Motor Co., Ltd. (NYSE:HMC - Free Report) by 41.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 115,800 shares of the company's stock after acquiring an additional 34,119 shares during the quarter. Generali Investments CEE investicni spolecnost a.s.'s holdings in Honda Motor were worth $3,142,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Arrowstreet Capital Limited Partnership acquired a new position in Honda Motor during the fourth quarter worth $23,272,000. Northern Trust Corp grew its position in shares of 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 during the period. Raymond James Financial Inc. acquired a new position in shares of Honda Motor during the 4th quarter worth about $11,909,000. Connor Clark & Lunn Investment Management Ltd. raised its holdings in shares of 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 purchasing an additional 404,883 shares during the period. Finally, Tiger Pacific Capital LP acquired a new stake in Honda Motor in the 4th quarter valued at about $8,225,000. 5.32% of the stock is owned by institutional investors and hedge funds.

Honda Motor Price Performance

Shares of NYSE HMC traded up $0.64 during midday trading on Tuesday, reaching $29.75. 1,511,931 shares of the company were exchanged, compared to its average volume of 1,076,915. The stock's 50-day moving average price is $29.64 and its 200-day moving average price is $28.82. The stock has a market cap of $46.44 billion, a P/E ratio of 8.52 and a beta of 0.49. The company has a quick ratio of 1.07, a current ratio of 1.36 and a debt-to-equity ratio of 0.55. Honda Motor Co., Ltd. has a one year low of $23.41 and a one year high of $33.72.

Honda Motor (NYSE:HMC - Get Free Report) last issued its quarterly earnings data on Tuesday, May 13th. The company reported $0.18 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.72 by ($0.54). The business had revenue of $36.25 billion during the quarter, compared to the consensus estimate of $5,371.99 billion. Honda Motor had a net margin of 3.82% and a return on equity of 6.33%. On average, sell-side analysts anticipate that Honda Motor Co., Ltd. will post 3.99 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have commented on HMC. Sanford C. Bernstein assumed coverage on shares of Honda Motor in a research report on Monday, April 14th. They set a "market perform" rating for the company. Wall Street Zen downgraded shares of Honda Motor from a "hold" rating to a "sell" rating in a report on Saturday, May 24th. Macquarie cut shares of Honda Motor from an "outperform" rating to a "neutral" rating in a report on Wednesday, June 25th. Finally, Dbs Bank cut Honda Motor from a "strong-buy" rating to a "hold" rating in a report on Wednesday, May 14th. One investment analyst has rated the stock with a sell rating and four have assigned a hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold".

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.