Honda Motor Co., Ltd. $HMC Shares Purchased by Campbell & CO Investment Adviser LLC

Key Points

• Campbell & CO Investment Adviser LLC increased its stake in Honda Motor by 603.1% in the 1st quarter, owning 94,558 shares worth $2,565,000 after purchasing an additional 81,110 shares.
• Several hedge funds have also boosted their positions in Honda, with Bessemer Group Inc. and Caitong International Asset Management increasing their holdings significantly during the same period.
• An earnings report revealed that Honda Motor exceeded analysts' expectations, posting $0.97 EPS compared to the anticipated $0.51, along with a revenue of $36.22 billion for the quarter.

Campbell & CO Investment Adviser LLC boosted its holdings in Honda Motor Co., Ltd. (NYSE:HMC - Free Report) by 603.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 94,558 shares of the company's stock after acquiring an additional 81,110 shares during the period. Campbell & CO Investment Adviser LLC's holdings in Honda Motor were worth $2,565,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Bessemer Group Inc. lifted its holdings in Honda Motor by 460.2% in the first quarter. Bessemer Group Inc. now owns 1,098 shares of the company's stock valued at $30,000 after acquiring an additional 902 shares during the last quarter. Rothschild Investment LLC lifted its holdings in Honda Motor by 50.4% in the first quarter. Rothschild Investment LLC now owns 1,245 shares of the company's stock valued at $34,000 after acquiring an additional 417 shares during the last quarter. Rossby Financial LCC acquired a new position in Honda Motor in the first quarter valued at approximately $56,000. Caitong International Asset Management Co. Ltd lifted its holdings in Honda Motor by 1,166.9% in the first quarter. Caitong International Asset Management Co. Ltd now owns 2,255 shares of the company's stock valued at $61,000 after acquiring an additional 2,077 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its holdings in Honda Motor by 50.7% in the first quarter. Farther Finance Advisors LLC now owns 2,815 shares of the company's stock valued at $75,000 after acquiring an additional 947 shares during the last quarter. 5.32% of the stock is currently owned by institutional investors and hedge funds.

Honda Motor Stock Up 0.3%

Shares of Honda Motor stock traded up $0.12 during trading hours on Thursday, reaching $34.00. 566,927 shares of the company were exchanged, compared to its average volume of 1,072,036. Honda Motor Co., Ltd. has a 1 year low of $23.41 and a 1 year high of $34.70. The stock's fifty day moving average is $31.52 and its 200 day moving average is $29.79. 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 $53.06 billion, a PE ratio of 11.76, a PEG ratio of 1.02 and a beta of 0.52.

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

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Macquarie cut Honda Motor from an "outperform" rating to a "neutral" rating in a report on Wednesday, June 25th. Wall Street Zen upgraded Honda Motor from a "sell" rating to a "hold" rating in a report on Saturday, August 9th. Finally, Dbs Bank lowered Honda Motor from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, May 14th. Four analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average 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.