Yousif Capital Management LLC Sells 11,770 Shares of Honda Motor Co., Ltd. (NYSE:HMC)

Yousif Capital Management LLC decreased its stake in Honda Motor Co., Ltd. (NYSE:HMC - Free Report) by 43.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). 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 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the stock. Raymond James Financial Inc. acquired a new position in shares of Honda Motor during the 4th quarter worth about $11,909,000. OLD Mission Capital LLC bought a new position in Honda Motor during the fourth quarter worth about $3,964,000. Landscape Capital Management L.L.C. lifted its position in shares of Honda Motor by 347.2% in the fourth quarter. Landscape Capital Management L.L.C. now owns 56,134 shares of the company's stock valued at $1,603,000 after buying an additional 43,582 shares during the last quarter. CANADA LIFE ASSURANCE Co boosted its stake in shares of Honda Motor by 102.1% during the 4th quarter. CANADA LIFE ASSURANCE Co now owns 24,592 shares of the company's stock worth $702,000 after acquiring an additional 12,421 shares during the period. Finally, Aigen Investment Management LP acquired a new position in shares of Honda Motor during the 4th quarter worth approximately $572,000. Institutional investors and hedge funds own 5.32% of the company's stock.

Wall Street Analysts Forecast Growth

HMC has been the subject of several research reports. Wall Street Zen downgraded Honda Motor from a "hold" rating to a "sell" rating in a report on Saturday, May 24th. Sanford C. Bernstein assumed coverage on shares of Honda Motor in a research report on Monday, April 14th. They issued a "market perform" rating on the stock. Finally, Dbs Bank downgraded shares of Honda Motor from a "strong-buy" rating to a "hold" rating in a report on Wednesday, May 14th.

Honda Motor Stock Performance

Shares of Honda Motor stock traded down $0.45 on Monday, hitting $28.69. The stock had a trading volume of 958,458 shares, compared to its average volume of 1,066,427. The stock has a market cap of $44.78 billion, a price-to-earnings ratio of 8.22 and a beta of 0.51. The company has a quick ratio of 1.07, a current ratio of 1.36 and a debt-to-equity ratio of 0.55. Honda Motor Co., Ltd. has a twelve month low of $23.41 and a twelve month high of $33.72. The business's 50 day moving average is $29.70 and its two-hundred day moving average is $28.50.

Honda Motor (NYSE:HMC - Get Free Report) last issued its quarterly earnings data on Tuesday, May 13th. The company reported $0.18 EPS for the quarter, missing analysts' consensus estimates 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. Analysts forecast 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.