Honda Motor Co., Ltd. (NYSE:HMC) Shares Bought by Northern Trust Corp

Northern Trust Corp boosted its holdings in shares of Honda Motor Co., Ltd. (NYSE:HMC - Free Report) by 69.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,099,698 shares of the company's stock after acquiring an additional 452,624 shares during the period. Northern Trust Corp owned about 0.07% of Honda Motor worth $31,396,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Asset Planning Inc bought a new stake in shares of Honda Motor in the 4th quarter valued at about $25,000. Murphy & Mullick Capital Management Corp bought a new stake in shares of Honda Motor in the 4th quarter valued at about $26,000. R Squared Ltd bought a new stake in shares of Honda Motor in the 4th quarter valued at about $30,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Honda Motor in the 3rd quarter valued at about $36,000. Finally, Manchester Capital Management LLC purchased a new position in shares of Honda Motor in the 4th quarter valued at approximately $40,000. 5.32% of the stock is currently owned by institutional investors.

Honda Motor Stock Performance

Shares of NYSE:HMC traded up $0.17 during trading on Friday, hitting $28.99. 183,176 shares of the stock traded hands, compared to its average volume of 1,070,803. The company has a quick ratio of 1.10, a current ratio of 1.38 and a debt-to-equity ratio of 0.51. The company has a market cap of $45.25 billion, a price-to-earnings ratio of 6.74 and a beta of 0.55. The company has a fifty day moving average price of $28.96 and a two-hundred day moving average price of $28.07. Honda Motor Co., Ltd. has a 52-week low of $23.41 and a 52-week high of $34.05.

Honda Motor (NYSE:HMC - Get Free Report) last released its quarterly 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 company had revenue of $36.25 billion during the quarter, compared to analyst estimates of $5,371.99 billion. As a group, equities analysts predict that Honda Motor Co., Ltd. will post 3.99 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Sanford C. Bernstein assumed coverage on shares of Honda Motor in a research report on Monday, April 14th. They issued a "market perform" rating for the company. StockNews.com lowered shares of Honda Motor from a "buy" rating to a "hold" rating in a research 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.