Natixis Advisors LLC Grows Position in Honda Motor Co., Ltd. (NYSE:HMC)

Natixis Advisors LLC increased its holdings in Honda Motor Co., Ltd. (NYSE:HMC) by 6.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 220,628 shares of the company’s stock after acquiring an additional 12,720 shares during the quarter. Natixis Advisors LLC’s holdings in Honda Motor were worth $7,001,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Cubist Systematic Strategies LLC purchased a new stake in shares of Honda Motor during the second quarter valued at about $3,595,000. Park Avenue Securities LLC lifted its position in shares of Honda Motor by 76.4% during the third quarter. Park Avenue Securities LLC now owns 41,358 shares of the company’s stock valued at $1,312,000 after buying an additional 17,908 shares during the last quarter. International Assets Investment Management LLC lifted its position in shares of Honda Motor by 1,906.3% during the third quarter. International Assets Investment Management LLC now owns 193,712 shares of the company’s stock valued at $6,105,000 after buying an additional 184,057 shares during the last quarter. Blue Trust Inc. lifted its position in shares of Honda Motor by 179.6% during the second quarter. Blue Trust Inc. now owns 3,476 shares of the company’s stock valued at $112,000 after buying an additional 2,233 shares during the last quarter. Finally, Sequoia Financial Advisors LLC lifted its position in shares of Honda Motor by 9.6% during the third quarter. Sequoia Financial Advisors LLC now owns 22,406 shares of the company’s stock valued at $711,000 after buying an additional 1,966 shares during the last quarter. 5.32% of the stock is owned by hedge funds and other institutional investors.

Honda Motor Stock Performance

HMC opened at $26.23 on Friday. Honda Motor Co., Ltd. has a 52-week low of $25.57 and a 52-week high of $37.90. The company has a quick ratio of 1.12, a current ratio of 1.43 and a debt-to-equity ratio of 0.49. The company has a market cap of $44.87 billion, a P/E ratio of 6.48, a price-to-earnings-growth ratio of 2.70 and a beta of 0.67. The firm’s 50-day moving average price is $30.32 and its 200-day moving average price is $31.52.

Honda Motor (NYSE:HMC) last issued 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 return on equity of 7.53% and a net margin of 4.53%. The business had revenue of $36.24 billion during the quarter, compared to analyst estimates of $35.60 billion. As a group, equities analysts anticipate that Honda Motor Co., Ltd. will post 3.99 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

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

About Honda Motor

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.