Forum Financial Management LP Has $1.54 Million Position in Honda Motor Co., Ltd. (NYSE:HMC)

Forum Financial Management LP lifted its holdings in Honda Motor Co., Ltd. (NYSE:HMC - Free Report) by 21.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 54,016 shares of the company's stock after purchasing an additional 9,559 shares during the period. Forum Financial Management LP's holdings in Honda Motor were worth $1,542,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of HMC. Asset Planning Inc acquired a new stake in shares of Honda Motor in the 4th quarter valued at $25,000. Murphy & Mullick Capital Management Corp acquired a new stake in shares of Honda Motor in the 4th quarter valued at $26,000. R Squared Ltd acquired a new stake in shares of Honda Motor in the 4th quarter valued at $30,000. Manchester Capital Management LLC acquired a new stake in shares of Honda Motor in the 4th quarter valued at $40,000. Finally, National Bank of Canada FI lifted its stake in shares of Honda Motor by 277.7% in the 4th quarter. National Bank of Canada FI now owns 1,809 shares of the company's stock valued at $52,000 after purchasing an additional 1,330 shares during the last quarter. Institutional investors and hedge funds own 5.32% of the company's stock.

Analyst Ratings Changes

HMC has been the subject of a number of research analyst reports. Sanford C. Bernstein initiated coverage on shares of Honda Motor in a research report on Monday, April 14th. They set a "market perform" rating for the company. Dbs Bank lowered shares of Honda Motor from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, May 14th. Finally, Wall Street Zen lowered shares of Honda Motor from a "hold" rating to a "sell" rating in a research report on Saturday, May 24th.

Honda Motor Stock Performance

Honda Motor stock traded down $0.18 on Friday, reaching $30.37. 291,643 shares of the stock were exchanged, compared to its average volume of 1,064,311. The stock has a market cap of $47.40 billion, a PE ratio of 7.06 and a beta of 0.54. The company has a current ratio of 1.38, a quick ratio of 1.10 and a debt-to-equity ratio of 0.51. Honda Motor Co., Ltd. has a twelve month low of $23.41 and a twelve month high of $33.96. The firm has a fifty day moving average price of $28.94 and a two-hundred day moving average price of $28.10.

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

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.