Janney Montgomery Scott LLC Buys 495 Shares of Honda Motor Co., Ltd. (NYSE:HMC)

Janney Montgomery Scott LLC lifted its position in shares of Honda Motor Co., Ltd. (NYSE:HMC) by 0.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 82,821 shares of the company’s stock after buying an additional 495 shares during the period. Janney Montgomery Scott LLC’s holdings in Honda Motor were worth $2,628,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in HMC. Sanctuary Advisors LLC bought a new position in shares of Honda Motor in the 2nd quarter valued at about $8,635,000. International Assets Investment Management LLC increased its holdings in Honda Motor by 1,906.3% in the 3rd quarter. International Assets Investment Management LLC now owns 193,712 shares of the company’s stock worth $6,105,000 after purchasing an additional 184,057 shares in the last quarter. Manning & Napier Advisors LLC acquired a new position in shares of Honda Motor during the second quarter worth $5,396,000. Cubist Systematic Strategies LLC acquired a new stake in Honda Motor during the 2nd quarter valued at approximately $3,595,000. Finally, Healthcare of Ontario Pension Plan Trust Fund bought a new stake in shares of Honda Motor during the 2nd quarter valued at about $2,015,000. Institutional investors and hedge funds own 5.32% of the company’s stock.

Honda Motor Stock Up 0.7 %

Honda Motor stock opened at $26.98 on Tuesday. The company has a current ratio of 1.43, a quick ratio of 1.07 and a debt-to-equity ratio of 0.49. The firm has a 50 day simple moving average of $31.30 and a 200 day simple moving average of $31.98. Honda Motor Co., Ltd. has a 1-year low of $26.70 and a 1-year high of $37.90.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Honda Motor from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 2nd.

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.