Hantz Financial Services Inc. Takes $1.31 Million Position in Honda Motor Co., Ltd. (NYSE:HMC)

Hantz Financial Services Inc. bought a new stake in shares of Honda Motor Co., Ltd. (NYSE:HMC) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 40,605 shares of the company’s stock, valued at approximately $1,309,000.

Several other large investors have also recently made changes to their positions in the business. GAMMA Investing LLC lifted its holdings in shares of Honda Motor by 23.0% during the first quarter. GAMMA Investing LLC now owns 1,673 shares of the company’s stock valued at $62,000 after purchasing an additional 313 shares during the last quarter. RFP Financial Group LLC increased its position in shares of Honda Motor by 91.3% during the first quarter. RFP Financial Group LLC now owns 662 shares of the company’s stock valued at $25,000 after acquiring an additional 316 shares in the last quarter. Atria Wealth Solutions Inc. increased its position in shares of Honda Motor by 1.6% during the fourth quarter. Atria Wealth Solutions Inc. now owns 20,162 shares of the company’s stock valued at $623,000 after acquiring an additional 326 shares in the last quarter. Gallacher Capital Management LLC increased its position in shares of Honda Motor by 2.6% during the first quarter. Gallacher Capital Management LLC now owns 13,370 shares of the company’s stock valued at $498,000 after acquiring an additional 336 shares in the last quarter. Finally, Fifth Third Bancorp increased its position in shares of Honda Motor by 2.6% during the first quarter. Fifth Third Bancorp now owns 14,105 shares of the company’s stock valued at $525,000 after acquiring an additional 360 shares in the last quarter. 5.32% of the stock is currently owned by hedge funds and other institutional investors.

Honda Motor Price Performance

Shares of HMC opened at $32.95 on Friday. The company has a market capitalization of $56.36 billion, a P/E ratio of 6.98, a price-to-earnings-growth ratio of 2.81 and a beta of 0.68. The company has a quick ratio of 1.13, a current ratio of 1.43 and a debt-to-equity ratio of 0.47. The firm has a 50 day moving average of $31.67 and a 200 day moving average of $33.60. Honda Motor Co., Ltd. has a twelve month low of $27.69 and a twelve month high of $37.90.

Honda Motor (NYSE:HMC) last posted its earnings results on Wednesday, August 7th. The company reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $1.19 by $0.38. Honda Motor had a net margin of 5.46% and a return on equity of 8.79%. The business had revenue of $34.67 billion during the quarter, compared to the consensus estimate of $33.75 billion. As a group, equities research analysts anticipate that Honda Motor Co., Ltd. will post 4.55 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Honda Motor from a “buy” rating to a “strong-buy” rating in a research report on Thursday, July 11th.

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.