Honda Motor (NYSE:HMC) Now Covered by Analysts at Sanford C. Bernstein

Equities researchers at Sanford C. Bernstein assumed coverage on shares of Honda Motor (NYSE:HMC - Get Free Report) in a report issued on Monday, Marketbeat.com reports. The brokerage set a "market perform" rating on the stock.

A number of other equities research analysts also recently issued reports on the company. UBS Group raised Honda Motor from a "sell" rating to a "neutral" rating in a research report on Wednesday, December 18th. StockNews.com raised shares of Honda Motor from a "hold" rating to a "buy" rating in a report on Wednesday, February 19th.

Honda Motor Stock Performance

Shares of NYSE:HMC traded up $0.63 on Monday, hitting $29.09. The company had a trading volume of 1,314,651 shares, compared to its average volume of 1,074,519. The stock has a market cap of $45.40 billion, a price-to-earnings ratio of 6.76 and a beta of 0.57. The company has a current ratio of 1.38, a quick ratio of 1.10 and a debt-to-equity ratio of 0.51. Honda Motor has a 1-year low of $23.41 and a 1-year high of $34.99. The stock has a 50 day moving average price of $28.11 and a 200 day moving average price of $28.21.

Honda Motor (NYSE:HMC - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The company reported $1.31 earnings per share for the quarter, topping the consensus estimate of $0.94 by $0.37. Honda Motor had a return on equity of 7.81% and a net margin of 4.76%. The business had revenue of $36.31 billion during the quarter, compared to analysts' expectations of $35.31 billion. Analysts expect that Honda Motor will post 3.99 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of HMC. BNP Paribas Financial Markets lifted its stake in Honda Motor by 84.6% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,510 shares of the company's stock valued at $80,000 after purchasing an additional 1,150 shares during the last quarter. Stifel Financial Corp lifted its stake in shares of Honda Motor by 12.8% in the 3rd quarter. Stifel Financial Corp now owns 95,005 shares of the company's stock valued at $3,015,000 after acquiring an additional 10,778 shares during the last quarter. Orion Portfolio Solutions LLC boosted its holdings in shares of Honda Motor by 10.4% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 14,683 shares of the company's stock valued at $466,000 after acquiring an additional 1,388 shares in the last quarter. M&T Bank Corp grew its position in Honda Motor by 8.2% during the 3rd quarter. M&T Bank Corp now owns 7,879 shares of the company's stock worth $250,000 after acquiring an additional 595 shares during the last quarter. Finally, World Investment Advisors LLC bought a new stake in Honda Motor during the 3rd quarter worth $201,000. Institutional investors and hedge funds own 5.32% of the company's stock.

Honda Motor Company 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.