Honda Motor (NYSE:HMC) Rating Lowered to C+ at TheStreet

Honda Motor (NYSE:HMC – Get Rating) was downgraded by stock analysts at TheStreet from a “b” rating to a “c+” rating in a report issued on Monday, TheStreetRatingsTable reports.

Separately, StockNews.com upgraded shares of Honda Motor from a “buy” rating to a “strong-buy” rating in a research report on Monday, May 16th.

Shares of HMC stock opened at $24.47 on Monday. Honda Motor has a fifty-two week low of $23.93 and a fifty-two week high of $33.42. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.15 and a current ratio of 1.47. The stock has a 50 day simple moving average of $25.60 and a two-hundred day simple moving average of $27.81. The company has a market cap of $42.25 billion, a P/E ratio of 6.65, a PEG ratio of 0.65 and a beta of 0.71.

A number of large investors have recently made changes to their positions in the business. Dodge & Cox lifted its position in Honda Motor by 2.4% in the 4th quarter. Dodge & Cox now owns 45,125,595 shares of the company’s stock valued at $1,283,823,000 after acquiring an additional 1,041,067 shares in the last quarter. D. E. Shaw & Co. Inc. grew its holdings in Honda Motor by 1,536.0% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 635,436 shares of the company’s stock worth $18,078,000 after buying an additional 596,594 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in Honda Motor by 47.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,668,367 shares of the company’s stock valued at $47,148,000 after acquiring an additional 535,537 shares in the last quarter. Fisher Asset Management LLC boosted its holdings in Honda Motor by 5.9% during the 1st quarter. Fisher Asset Management LLC now owns 8,606,358 shares of the company’s stock worth $243,216,000 after acquiring an additional 476,123 shares during the last quarter. Finally, Crossmark Global Holdings Inc. grew its stake in shares of Honda Motor by 370.3% in the 4th quarter. Crossmark Global Holdings Inc. now owns 541,614 shares of the company’s stock worth $15,409,000 after acquiring an additional 426,451 shares in the last quarter.

About Honda Motor (Get Rating)

Honda Motor Co, Ltd. develops, manufactures, and distributes motorcycles, automobiles, power products, and other products in Japan, North America, Europe, Asia, and internationally. It operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Life creation and Other Businesses.

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