Yousif Capital Management LLC Has $408,000 Holdings in Honda Motor Co., Ltd. (NYSE:HMC)

Yousif Capital Management LLC trimmed its holdings in Honda Motor Co., Ltd. (NYSE:HMC - Free Report) by 43.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,039 shares of the company's stock after selling 11,770 shares during the period. Yousif Capital Management LLC's holdings in Honda Motor were worth $408,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Bruce G. Allen Investments LLC raised its stake in Honda Motor by 9.7% in the first quarter. Bruce G. Allen Investments LLC now owns 6,232 shares of the company's stock valued at $169,000 after purchasing an additional 549 shares in the last quarter. Farther Finance Advisors LLC raised its position in shares of Honda Motor by 50.7% in the 1st quarter. Farther Finance Advisors LLC now owns 2,815 shares of the company's stock valued at $75,000 after buying an additional 947 shares in the last quarter. Park Avenue Securities LLC lifted its holdings in shares of Honda Motor by 4.9% during the 1st quarter. Park Avenue Securities LLC now owns 14,459 shares of the company's stock worth $392,000 after acquiring an additional 678 shares during the period. Gilman Hill Asset Management LLC boosted its position in shares of Honda Motor by 5.9% during the 1st quarter. Gilman Hill Asset Management LLC now owns 176,950 shares of the company's stock worth $4,801,000 after acquiring an additional 9,810 shares in the last quarter. Finally, NBC Securities Inc. increased its stake in Honda Motor by 132,153.8% in the first quarter. NBC Securities Inc. now owns 17,193 shares of the company's stock valued at $466,000 after acquiring an additional 17,180 shares during the last quarter. 5.32% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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

Honda Motor Price Performance

HMC stock traded up $0.17 during midday trading on Tuesday, reaching $28.87. 699,864 shares of the stock were exchanged, compared to its average volume of 1,064,968. Honda Motor Co., Ltd. has a 52 week low of $23.41 and a 52 week high of $33.72. The company has a fifty day moving average price of $29.71 and a 200 day moving average price of $28.52. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.36 and a quick ratio of 1.07. The stock has a market capitalization of $45.05 billion, a PE ratio of 8.27 and a beta of 0.51.

Honda Motor (NYSE:HMC - Get Free Report) last released 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). Honda Motor had a net margin of 3.82% and a return on equity of 6.33%. The firm had revenue of $36.25 billion during the quarter, compared to analyst estimates of $5,371.99 billion. As a group, analysts expect that Honda Motor Co., Ltd. will post 3.99 EPS for the current fiscal 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.