XTX Topco Ltd Purchases Shares of 10,307 Honda Motor Co., Ltd. (NYSE:HMC)

XTX Topco Ltd acquired a new stake in Honda Motor Co., Ltd. (NYSE:HMC) during the second quarter, Holdings Channel reports. The institutional investor acquired 10,307 shares of the company’s stock, valued at approximately $332,000.

Several other institutional investors have also recently modified their holdings of the company. RFP Financial Group LLC increased its holdings in Honda Motor by 91.3% in the 1st quarter. RFP Financial Group LLC now owns 662 shares of the company’s stock worth $25,000 after buying an additional 316 shares during the period. Rise Advisors LLC acquired a new stake in shares of Honda Motor in the first quarter worth $27,000. Rothschild Investment LLC purchased a new position in shares of Honda Motor during the second quarter worth $28,000. LRI Investments LLC acquired a new position in Honda Motor during the first quarter valued at $34,000. Finally, Family Firm Inc. purchased a new stake in Honda Motor in the second quarter valued at $35,000. 5.32% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

Honda Motor Stock Up 2.2 %

Shares of HMC stock opened at $33.61 on Friday. Honda Motor Co., Ltd. has a twelve month low of $27.69 and a twelve month high of $37.90. The stock has a market cap of $57.49 billion, a P/E ratio of 7.12, a P/E/G ratio of 2.81 and a beta of 0.67. The stock has a 50 day moving average of $31.56 and a 200 day moving average of $33.17. 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 (NYSE:HMC) last posted its earnings results on Wednesday, August 7th. The company reported $1.57 earnings per share for the quarter, beating the consensus estimate of $1.19 by $0.38. Honda Motor had a net margin of 5.34% and a return on equity of 8.72%. The firm had revenue of $34.67 billion during the quarter, compared to analyst estimates of $33.75 billion. As a group, sell-side analysts expect that Honda Motor Co., Ltd. will post 4.73 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.