Honda Motor Co., Ltd. (NYSE:HMC) Shares Purchased by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC grew its stake in shares of Honda Motor Co., Ltd. (NYSE:HMC) by 9.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,406 shares of the company’s stock after acquiring an additional 1,966 shares during the period. Sequoia Financial Advisors LLC’s holdings in Honda Motor were worth $711,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Hexagon Capital Partners LLC increased its holdings in Honda Motor by 55.3% in the first quarter. Hexagon Capital Partners LLC now owns 3,323 shares of the company’s stock valued at $124,000 after buying an additional 1,183 shares during the last quarter. Allspring Global Investments Holdings LLC acquired a new position in shares of Honda Motor in the 1st quarter worth approximately $125,000. Naviter Wealth LLC increased its holdings in shares of Honda Motor by 17.2% in the 1st quarter. Naviter Wealth LLC now owns 31,860 shares of the company’s stock valued at $1,186,000 after acquiring an additional 4,671 shares during the last quarter. Abundance Wealth Counselors raised its position in shares of Honda Motor by 2.7% during the 1st quarter. Abundance Wealth Counselors now owns 33,156 shares of the company’s stock valued at $1,234,000 after acquiring an additional 862 shares in the last quarter. Finally, Legacy Wealth Asset Management LLC lifted its stake in Honda Motor by 2.7% during the first quarter. Legacy Wealth Asset Management LLC now owns 62,013 shares of the company’s stock worth $2,309,000 after purchasing an additional 1,621 shares during the last quarter. Institutional investors and hedge funds own 5.32% of the company’s stock.

Honda Motor Trading Down 0.2 %

HMC opened at $30.23 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. The company’s 50-day moving average price is $31.85 and its 200 day moving average price is $32.42. Honda Motor Co., Ltd. has a fifty-two week low of $27.69 and a fifty-two week high of $37.90.

Honda Motor (NYSE:HMC) last posted its earnings results on Wednesday, August 7th. The company reported $1.57 EPS for the quarter, beating the consensus estimate of $1.19 by $0.38. The company had revenue of $34.67 billion during the quarter, compared to analyst estimates of $33.75 billion. Honda Motor had a return on equity of 8.72% and a net margin of 5.34%. Equities research analysts predict that Honda Motor Co., Ltd. will post 4.6 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of Honda Motor from a “strong-buy” rating to a “buy” rating in a report on Wednesday.

Honda Motor 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.