International Assets Investment Management LLC Raises Stock Holdings in Honda Motor Co., Ltd. (NYSE:HMC)

International Assets Investment Management LLC increased its stake in shares of Honda Motor Co., Ltd. (NYSE:HMC - Free Report) by 2,509.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 335,373 shares of the company's stock after purchasing an additional 322,523 shares during the period. International Assets Investment Management LLC's holdings in Honda Motor were worth $10,850,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Arrowstreet Capital Limited Partnership increased its holdings in Honda Motor by 14.2% during the first quarter. Arrowstreet Capital Limited Partnership now owns 4,620,975 shares of the company's stock valued at $122,410,000 after buying an additional 573,648 shares during the last quarter. Morgan Stanley increased its holdings in Honda Motor by 4.8% during the third quarter. Morgan Stanley now owns 3,076,951 shares of the company's stock valued at $103,509,000 after buying an additional 141,727 shares during the last quarter. Millennium Management LLC increased its holdings in Honda Motor by 137.1% during the fourth quarter. Millennium Management LLC now owns 2,277,025 shares of the company's stock valued at $52,053,000 after buying an additional 1,316,546 shares during the last quarter. Macquarie Group Ltd. increased its holdings in Honda Motor by 9.2% during the first quarter. Macquarie Group Ltd. now owns 2,179,185 shares of the company's stock valued at $57,727,000 after buying an additional 184,310 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in Honda Motor by 47.3% during the first quarter. Goldman Sachs Group Inc. now owns 1,668,367 shares of the company's stock valued at $47,148,000 after buying an additional 535,537 shares during the last quarter. 5.32% of the stock is owned by hedge funds and other institutional investors.

Honda Motor Stock Performance

HMC stock traded down $0.55 during midday trading on Friday, reaching $36.10. 1,009,730 shares of the company's stock traded hands, compared to its average volume of 1,168,211. The stock has a market cap of $62.69 billion, a P/E ratio of 8.51, a PEG ratio of 0.39 and a beta of 0.71. Honda Motor Co., Ltd. has a 52-week low of $25.75 and a 52-week high of $37.90. The stock's 50-day moving average is $35.83 and its 200 day moving average is $33.22. The company has a current ratio of 1.45, a quick ratio of 1.13 and a debt-to-equity ratio of 0.44.

Honda Motor (NYSE:HMC - Get Free Report) last posted its quarterly earnings results on Friday, February 9th. The company reported $1.06 earnings per share for the quarter, topping analysts' consensus estimates of $0.85 by $0.21. The business had revenue of $36.50 billion during the quarter, compared to analyst estimates of $37.68 billion. Honda Motor had a net margin of 5.05% and a return on equity of 8.04%. As a group, analysts anticipate that Honda Motor Co., Ltd. will post 4.2 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.