Honda Motor Co., Ltd. (NYSE:HMC) Holdings Boosted by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC boosted its position in shares of Honda Motor Co., Ltd. (NYSE:HMC) by 13.5% during the 2nd quarter, HoldingsChannel reports. The firm owned 80,338 shares of the company’s stock after buying an additional 9,576 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Honda Motor were worth $2,562,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of HMC. Mondrian Investment Partners LTD grew its holdings in shares of Honda Motor by 20.9% during the 1st quarter. Mondrian Investment Partners LTD now owns 5,176,690 shares of the company’s stock valued at $191,538,000 after acquiring an additional 896,048 shares in the last quarter. Fisher Asset Management LLC grew its holdings in shares of Honda Motor by 2.5% during the 4th quarter. Fisher Asset Management LLC now owns 9,644,064 shares of the company’s stock valued at $298,098,000 after acquiring an additional 232,148 shares in the last quarter. Manning & Napier Advisors LLC purchased a new position in shares of Honda Motor during the 2nd quarter valued at $5,396,000. Dimensional Fund Advisors LP grew its holdings in shares of Honda Motor by 9.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,692,108 shares of the company’s stock valued at $52,303,000 after acquiring an additional 141,552 shares in the last quarter. Finally, Equity Investment Corp lifted its stake in shares of Honda Motor by 2.6% in the 1st quarter. Equity Investment Corp now owns 2,028,328 shares of the company’s stock valued at $75,515,000 after purchasing an additional 50,677 shares during the last quarter. 5.32% of the stock is currently owned by hedge funds and other institutional investors.

Honda Motor Stock Up 0.3 %

HMC stock opened at $32.73 on Friday. The company has a current ratio of 1.37, a quick ratio of 1.07 and a debt-to-equity ratio of 0.45. Honda Motor Co., Ltd. has a 1 year low of $27.69 and a 1 year high of $37.90. The company has a fifty day simple moving average of $31.54 and a 200 day simple moving average of $33.25. The firm has a market cap of $55.99 billion, a PE ratio of 6.93, a PEG ratio of 2.88 and a beta of 0.67.

Honda Motor (NYSE:HMC) last released its quarterly earnings results on Wednesday, August 7th. The company reported $1.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.19 by $0.38. Honda Motor had a net margin of 5.34% and a return on equity of 8.72%. The company had revenue of $34.67 billion during the quarter, compared to analysts’ expectations of $33.75 billion. Sell-side analysts anticipate that Honda Motor Co., Ltd. will post 4.44 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Honda Motor from a “buy” rating to a “strong-buy” rating in a research note on Thursday, July 11th.

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.