Caprock Group LLC Sells 10,291 Shares of Honda Motor Co., Ltd. (NYSE:HMC)

Caprock Group LLC reduced its holdings in Honda Motor Co., Ltd. (NYSE:HMC) by 19.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 42,315 shares of the company’s stock after selling 10,291 shares during the quarter. Caprock Group LLC’s holdings in Honda Motor were worth $1,343,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in HMC. Rothschild Investment LLC bought a new stake in shares of Honda Motor in the 2nd quarter worth approximately $28,000. LRI Investments LLC grew its position in shares of Honda Motor by 1,263.6% in the 2nd quarter. LRI Investments LLC now owns 900 shares of the company’s stock worth $29,000 after buying an additional 834 shares during the last quarter. Family Firm Inc. bought a new stake in shares of Honda Motor in the 2nd quarter worth approximately $35,000. Addison Advisors LLC grew its position in shares of Honda Motor by 391.2% in the 3rd quarter. Addison Advisors LLC now owns 1,282 shares of the company’s stock worth $41,000 after buying an additional 1,021 shares during the last quarter. Finally, Mather Group LLC. grew its position in shares of Honda Motor by 15,153.8% in the 2nd quarter. Mather Group LLC. now owns 1,983 shares of the company’s stock worth $64,000 after buying an additional 1,970 shares during the last quarter. 5.32% of the stock is currently owned by institutional investors.

Honda Motor Stock Down 2.0 %

NYSE HMC opened at $26.19 on Thursday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.12 and a current ratio of 1.43. Honda Motor Co., Ltd. has a twelve month low of $25.57 and a twelve month high of $37.90. The stock’s 50 day moving average is $30.42 and its 200 day moving average is $31.56.

Honda Motor (NYSE:HMC) last released its quarterly earnings results on Wednesday, November 6th. The company reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.86 by ($0.43). Honda Motor had a net margin of 4.53% and a return on equity of 7.53%. The firm had revenue of $36.24 billion for the quarter, compared to the consensus estimate of $35.60 billion. On average, equities analysts predict that Honda Motor Co., Ltd. will post 3.99 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Honda Motor from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 2nd.

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.