NBC Securities Inc. Has $466,000 Position in Honda Motor Co., Ltd. (NYSE:HMC)

NBC Securities Inc. boosted its holdings in shares of Honda Motor Co., Ltd. (NYSE:HMC - Free Report) by 132,153.8% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 17,193 shares of the company's stock after acquiring an additional 17,180 shares during the quarter. NBC Securities Inc.'s holdings in Honda Motor were worth $466,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Arrowstreet Capital Limited Partnership bought a new position in shares of Honda Motor during the 4th quarter valued at $23,272,000. Northern Trust Corp increased its position in Honda Motor by 69.9% during the fourth quarter. Northern Trust Corp now owns 1,099,698 shares of the company's stock worth $31,396,000 after buying an additional 452,624 shares during the last quarter. Raymond James Financial Inc. bought a new position in Honda Motor during the fourth quarter valued at about $11,909,000. Connor Clark & Lunn Investment Management Ltd. raised its holdings in Honda Motor by 153.8% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 668,092 shares of the company's stock valued at $19,074,000 after buying an additional 404,883 shares in the last quarter. Finally, Tiger Pacific Capital LP acquired a new stake in shares of Honda Motor in the fourth quarter worth about $8,225,000. 5.32% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Dbs Bank downgraded Honda Motor from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 14th. Wall Street Zen downgraded Honda Motor from a "hold" rating to a "sell" rating in a report on Saturday, May 24th. Finally, Sanford C. Bernstein assumed coverage on shares of Honda Motor in a research note on Monday, April 14th. They issued a "market perform" rating for the company.

Honda Motor Stock Performance

Shares of NYSE:HMC traded down $0.04 during midday trading on Monday, hitting $29.21. The company's stock had a trading volume of 838,788 shares, compared to its average volume of 1,059,457. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.10 and a current ratio of 1.38. The stock's 50 day simple moving average is $29.11 and its 200 day simple moving average is $28.27. The stock has a market capitalization of $45.58 billion, a price-to-earnings ratio of 6.79 and a beta of 0.51. Honda Motor Co., Ltd. has a fifty-two week low of $23.41 and a fifty-two week high of $33.72.

Honda Motor (NYSE:HMC - Get Free Report) last released its earnings results 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). Honda Motor had a net margin of 4.76% and a return on equity of 7.81%. The business had revenue of $36.25 billion during the quarter, compared to analyst estimates of $5,371.99 billion. As a group, research analysts anticipate that Honda Motor Co., Ltd. will post 3.99 earnings per share for the current year.

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.