Natixis Advisors L.P. Decreases Stock Holdings in Honda Motor Co., Ltd. (NYSE:HMC)

Natixis Advisors L.P. trimmed its holdings in shares of Honda Motor Co., Ltd. (NYSE:HMC) by 6.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 225,417 shares of the company’s stock after selling 14,841 shares during the quarter. Natixis Advisors L.P.’s holdings in Honda Motor were worth $6,967,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Ramirez Asset Management Inc. purchased a new stake in Honda Motor in the third quarter worth $30,000. Pinnacle Bancorp Inc. increased its position in Honda Motor by 324.4% in the fourth quarter. Pinnacle Bancorp Inc. now owns 904 shares of the company’s stock worth $28,000 after buying an additional 691 shares during the last quarter. Anchor Investment Management LLC purchased a new stake in Honda Motor in the fourth quarter worth $31,000. Allworth Financial LP increased its position in Honda Motor by 186.1% in the third quarter. Allworth Financial LP now owns 1,153 shares of the company’s stock worth $39,000 after buying an additional 750 shares during the last quarter. Finally, GAMMA Investing LLC purchased a new stake in Honda Motor in the fourth quarter worth $46,000. 5.32% of the stock is owned by hedge funds and other institutional investors.

Honda Motor Stock Performance

NYSE:HMC opened at $33.95 on Friday. 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 business has a fifty day simple moving average of $35.68 and a two-hundred day simple moving average of $33.36. Honda Motor Co., Ltd. has a 1 year low of $26.83 and a 1 year high of $37.90. The company has a market capitalization of $58.07 billion, a P/E ratio of 8.01, a P/E/G ratio of 0.38 and a beta of 0.73.

Honda Motor (NYSE:HMC) last released its earnings results on Friday, February 9th. The company reported $1.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.85 by $0.21. Honda Motor had a return on equity of 8.04% and a net margin of 5.05%. The business had revenue of $36.50 billion during the quarter, compared to the consensus estimate of $37.68 billion. On average, analysts expect that Honda Motor Co., Ltd. will post 4.14 earnings per share for the current year.

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.