Honda Motor Co., Ltd. $HMC Shares Acquired by Boston Partners

Boston Partners boosted its stake in Honda Motor Co., Ltd. (NYSE:HMC - Free Report) by 26.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 54,702 shares of the company's stock after acquiring an additional 11,380 shares during the period. Boston Partners' holdings in Honda Motor were worth $1,492,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Equity Investment Corp lifted its position in Honda Motor by 4.6% in the first quarter. Equity Investment Corp now owns 2,198,541 shares of the company's stock valued at $59,646,000 after acquiring an additional 96,230 shares during the last quarter. First Trust Advisors LP lifted its position in 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 last quarter. Bank of America Corp DE lifted its position in Honda Motor by 6.9% in the fourth 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 during the last quarter. Northern Trust Corp lifted its position in Honda Motor by 69.9% in the fourth 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 last quarter. Finally, Envestnet Asset Management Inc. lifted its position in Honda Motor by 1.8% in the first 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 during the last quarter. 5.32% of the stock is owned by hedge funds and other institutional investors.

Honda Motor Stock Performance

Shares of NYSE:HMC traded up $0.5850 on Friday, reaching $34.5050. The company's stock had a trading volume of 343,548 shares, compared to its average volume of 1,076,439. The stock's 50-day moving average is $31.15 and its two-hundred day moving average is $29.63. 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 0.58, a current ratio of 1.30 and a quick ratio of 1.01. The stock has a market capitalization of $53.86 billion, a P/E ratio of 11.94, a PEG ratio of 1.04 and a beta of 0.52.

Honda Motor (NYSE:HMC - Get Free Report) last announced its earnings results on Wednesday, August 6th. The company reported $0.97 EPS for the quarter, beating analysts' consensus estimates of $0.51 by $0.46. Honda Motor had a net margin of 2.95% and a return on equity of 5.03%. The business had revenue of $36.22 billion during the quarter, compared to analysts' expectations of $36.04 billion. As a group, sell-side analysts forecast that Honda Motor Co., Ltd. will post 3.99 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages recently weighed in on HMC. Dbs Bank cut shares of Honda Motor from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, May 14th. Wall Street Zen raised shares of Honda Motor from a "sell" rating to a "hold" rating in a research report on Saturday, August 9th. Finally, Macquarie cut shares of Honda Motor from an "outperform" rating to a "neutral" rating in a research report on Wednesday, June 25th. Four investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold".

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.