Summit Global Investments Acquires 326 Shares of Honda Motor Co., Ltd. (NYSE:HMC)

Summit Global Investments boosted its position in Honda Motor Co., Ltd. (NYSE:HMC) by 0.2% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 140,702 shares of the company’s stock after purchasing an additional 326 shares during the period. Summit Global Investments’ holdings in Honda Motor were worth $4,349,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the company. Value Partners Investments Inc. boosted its position in Honda Motor by 72.8% in the fourth quarter. Value Partners Investments Inc. now owns 235,000 shares of the company’s stock worth $7,264,000 after purchasing an additional 99,000 shares during the last quarter. XY Capital Ltd increased its holdings in Honda Motor by 81.0% during the fourth quarter. XY Capital Ltd now owns 302,099 shares of the company’s stock worth $9,338,000 after buying an additional 135,224 shares during the last quarter. FMR LLC raised its stake in shares of Honda Motor by 5.5% in the third quarter. FMR LLC now owns 783,040 shares of the company’s stock valued at $26,341,000 after buying an additional 41,000 shares during the period. Janney Montgomery Scott LLC lifted its holdings in Honda Motor by 38.9% during the third quarter. Janney Montgomery Scott LLC now owns 54,949 shares of the company’s stock valued at $1,849,000 after purchasing an additional 15,384 shares during the last quarter. Finally, American Century Companies Inc. boosted its holdings in Honda Motor by 17.0% in the 3rd quarter. American Century Companies Inc. now owns 302,025 shares of the company’s stock worth $10,160,000 after buying an additional 43,981 shares during the period. Institutional investors own 5.32% of the company’s stock.

Honda Motor Price Performance

Shares of HMC stock traded up $0.56 during trading hours on Thursday, reaching $34.38. The stock had a trading volume of 467,260 shares, compared to its average volume of 1,038,127. Honda Motor Co., Ltd. has a 12 month low of $26.02 and a 12 month high of $37.90. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.45 and a quick ratio of 1.13. The stock’s fifty day simple moving average is $35.79 and its 200 day simple moving average is $33.32.

Honda Motor (NYSE:HMC) last posted its quarterly earnings data on Friday, February 9th. The company reported $1.06 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.21. The firm had revenue of $36.50 billion for the quarter, compared to analysts’ expectations of $37.68 billion. Honda Motor had a net margin of 5.05% and a return on equity of 8.04%. As a group, analysts expect that Honda Motor Co., Ltd. will post 4.14 EPS for the current year.

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.