Honda Motor Target of Unusually High Options Trading (NYSE:HMC)

Honda Motor Co., Ltd. (NYSE:HMC) saw some unusual options trading on Monday. Stock investors bought 2,182 call options on the stock. This is an increase of 228% compared to the average volume of 665 call options.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. UBS Group raised shares of Honda Motor from a “sell” rating to a “neutral” rating in a report on Wednesday, December 18th. StockNews.com lowered shares of Honda Motor from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 2nd.

Honda Motor Price Performance

NYSE:HMC opened at $27.25 on Wednesday. The stock has a 50 day moving average of $27.46 and a two-hundred day moving average of $30.29. Honda Motor has a 12 month low of $23.41 and a 12 month high of $37.90. The firm has a market cap of $46.61 billion, a P/E ratio of 6.73, a price-to-earnings-growth ratio of 2.57 and a beta of 0.62. The company has a current ratio of 1.43, a quick ratio of 1.12 and a debt-to-equity ratio of 0.49.

Honda Motor (NYSE:HMC) last issued its quarterly earnings results on Wednesday, November 6th. The company reported $0.43 EPS for the quarter, missing the consensus estimate of $0.86 by ($0.43). The firm had revenue of $36.24 billion for the quarter, compared to analysts’ expectations of $35.60 billion. Honda Motor had a return on equity of 7.53% and a net margin of 4.53%. On average, analysts expect that Honda Motor will post 4.09 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Honda Motor

A number of hedge funds have recently modified their holdings of the business. DGS Capital Management LLC raised its holdings in Honda Motor by 0.7% in the 3rd quarter. DGS Capital Management LLC now owns 95,092 shares of the company’s stock valued at $3,017,000 after acquiring an additional 668 shares during the last quarter. Logan Capital Management Inc. lifted its position in Honda Motor by 4.3% during the third quarter. Logan Capital Management Inc. now owns 92,307 shares of the company’s stock worth $2,929,000 after buying an additional 3,817 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Honda Motor during the third quarter worth $36,000. World Investment Advisors LLC purchased a new stake in Honda Motor in the 3rd quarter valued at $201,000. Finally, M&T Bank Corp increased its stake in shares of Honda Motor by 8.2% in the 3rd quarter. M&T Bank Corp now owns 7,879 shares of the company’s stock worth $250,000 after acquiring an additional 595 shares during the last quarter. 5.32% of the stock is currently owned by institutional investors and hedge funds.

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.