Honda Motor Co., Ltd. (NYSE:HMC) Shares Purchased by LMR Partners LLP

LMR Partners LLP increased its holdings in shares of Honda Motor Co., Ltd. (NYSE:HMC - Free Report) by 2,077.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 225,000 shares of the company's stock after purchasing an additional 214,667 shares during the quarter. LMR Partners LLP's holdings in Honda Motor were worth $6,424,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of HMC. Arrowstreet Capital Limited Partnership purchased a new position in Honda Motor in the fourth quarter valued at $23,272,000. Northern Trust Corp grew 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 buying an additional 452,624 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Honda Motor during the fourth quarter worth about $11,909,000. Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of Honda Motor by 153.8% during the fourth 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. Finally, Gilman Hill Asset Management LLC acquired a new stake in Honda Motor in the fourth quarter valued at approximately $4,772,000. 5.32% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

HMC has been the topic of a number of recent analyst reports. StockNews.com downgraded shares of Honda Motor from a "buy" rating to a "hold" rating in a research report on Wednesday. Sanford C. Bernstein began coverage on shares of Honda Motor in a research note on Monday, April 14th. They set a "market perform" rating for the company.

Honda Motor Stock Performance

Shares of NYSE:HMC traded up $0.34 during trading on Friday, reaching $29.16. The company had a trading volume of 638,583 shares, compared to its average volume of 1,072,566. Honda Motor Co., Ltd. has a fifty-two week low of $23.41 and a fifty-two week high of $34.05. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.38 and a quick ratio of 1.10. The stock's fifty day moving average price is $28.96 and its 200 day moving average price is $28.07. The firm has a market capitalization of $45.51 billion, a price-to-earnings ratio of 6.78 and a beta of 0.55.

Honda Motor (NYSE:HMC - Get Free Report) last posted its quarterly earnings results on Tuesday, May 13th. The company reported $0.18 EPS for the quarter, missing the consensus estimate 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.

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.