Graham Capital Management L.P. Has $2.02 Million Stake in Honda Motor Co., Ltd. (NYSE:HMC)

Graham Capital Management L.P. lowered its stake in Honda Motor Co., Ltd. (NYSE:HMC - Free Report) by 11.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 70,661 shares of the company's stock after selling 8,780 shares during the quarter. Graham Capital Management L.P.'s holdings in Honda Motor were worth $2,017,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. First Trust Advisors LP lifted its stake in Honda Motor by 11.0% in the fourth quarter. First Trust Advisors LP now owns 1,594,299 shares of the company's stock valued at $45,517,000 after buying an additional 158,072 shares during the period. Bank of America Corp DE raised its position in shares of Honda Motor by 6.9% in the 4th quarter. Bank of America Corp DE now owns 1,255,537 shares of the company's stock valued at $35,846,000 after acquiring an additional 81,548 shares during the period. Northern Trust Corp boosted its position in shares of 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 purchasing an additional 452,624 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new stake in shares of Honda Motor in the 4th quarter valued at $23,272,000. Finally, Connor Clark & Lunn Investment Management Ltd. raised its stake in Honda Motor by 153.8% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 668,092 shares of the company's stock worth $19,074,000 after buying an additional 404,883 shares during the period. 5.32% of the stock is currently owned by institutional investors.

Honda Motor Stock Down 2.1%

Shares of NYSE:HMC traded down $0.63 during mid-day trading on Thursday, reaching $28.81. 807,691 shares of the stock were exchanged, compared to its average volume of 1,072,852. The stock's 50 day simple moving average is $28.96 and its 200-day simple moving average is $28.09. Honda Motor Co., Ltd. has a one year low of $23.41 and a one year high of $34.05. The company has a market cap of $44.97 billion, a P/E ratio of 6.70 and a beta of 0.55. 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 (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 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, equities research analysts predict that Honda Motor Co., Ltd. will post 3.99 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on HMC shares. Sanford C. Bernstein began coverage on Honda Motor in a research report on Monday, April 14th. They set a "market perform" rating on the stock. StockNews.com downgraded shares of Honda Motor from a "buy" rating to a "hold" rating in a report on Wednesday.

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.