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

NBC Securities Inc. grew its position in Honda Motor Co., Ltd. (NYSE:HMC - Free Report) by 132,153.8% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 17,193 shares of the company's stock after buying an additional 17,180 shares during the period. NBC Securities Inc.'s holdings in Honda Motor were worth $466,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in HMC. Savant Capital LLC grew its holdings in shares of Honda Motor by 37.1% in the 4th quarter. Savant Capital LLC now owns 8,835 shares of the company's stock valued at $252,000 after buying an additional 2,390 shares during the period. XY Capital Ltd acquired a new position in shares of Honda Motor in the 4th quarter valued at $1,294,000. Essex Financial Services Inc. acquired a new position in shares of Honda Motor in the 4th quarter valued at $205,000. Asset Planning Inc acquired a new position in shares of Honda Motor in the 4th quarter valued at $25,000. Finally, Rhumbline Advisers lifted its position in Honda Motor by 1.1% in the 4th quarter. Rhumbline Advisers now owns 40,775 shares of the company's stock valued at $1,164,000 after acquiring an additional 457 shares in the last quarter. Institutional investors and hedge funds own 5.32% of the company's stock.

Honda Motor Price Performance

NYSE HMC opened at $28.81 on Friday. The company has a quick ratio of 1.10, a current ratio of 1.38 and a debt-to-equity ratio of 0.51. Honda Motor Co., Ltd. has a 12-month low of $23.41 and a 12-month high of $33.72. The company has a market capitalization of $44.97 billion, a PE ratio of 6.70 and a beta of 0.54. The firm's 50 day moving average is $29.06 and its 200-day moving average is $28.22.

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

Analyst Ratings Changes

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

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.

Want to see what other hedge funds are holding HMC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Honda Motor Co., Ltd. (NYSE:HMC - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.