Honda Motor Target of Unusually Large Options Trading (NYSE:HMC)

Honda Motor Co., Ltd. (NYSE:HMC) saw some unusual options trading activity on Monday. Traders bought 2,182 call options on the company. This is an increase of approximately 228% compared to the typical volume of 665 call options.

Analyst Ratings Changes

HMC has been the subject of a number of research reports. UBS Group upgraded shares of Honda Motor from a “sell” rating to a “neutral” rating in a research report on Wednesday, December 18th. StockNews.com downgraded Honda Motor from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 2nd.

Institutional Investors Weigh In On Honda Motor

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. FMR LLC boosted its stake in shares of Honda Motor by 52.5% in the third quarter. FMR LLC now owns 1,355,835 shares of the company’s stock worth $43,021,000 after acquiring an additional 466,842 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in Honda Motor during the 2nd quarter worth $8,635,000. Fisher Asset Management LLC raised its position in shares of Honda Motor by 2.3% in the third quarter. Fisher Asset Management LLC now owns 10,345,816 shares of the company’s stock valued at $328,273,000 after buying an additional 227,890 shares during the last quarter. International Assets Investment Management LLC lifted its stake in shares of Honda Motor by 1,906.3% in the third quarter. International Assets Investment Management LLC now owns 193,712 shares of the company’s stock worth $6,105,000 after buying an additional 184,057 shares in the last quarter. Finally, HITE Hedge Asset Management LLC boosted its position in Honda Motor by 1,392.9% during the third quarter. HITE Hedge Asset Management LLC now owns 138,539 shares of the company’s stock worth $4,396,000 after acquiring an additional 129,259 shares during the last quarter. Hedge funds and other institutional investors own 5.32% of the company’s stock.

Honda Motor Trading Up 12.7 %

HMC stock opened at $26.93 on Tuesday. Honda Motor has a 52-week low of $23.41 and a 52-week high of $37.90. The company has a quick ratio of 1.12, a current ratio of 1.43 and a debt-to-equity ratio of 0.49. The firm has a market cap of $46.07 billion, a P/E ratio of 6.65, a PEG ratio of 2.57 and a beta of 0.62. The company’s 50-day simple moving average is $27.56 and its 200-day simple moving average is $30.33.

Honda Motor (NYSE:HMC) last issued its quarterly earnings results on Wednesday, November 6th. The company reported $0.43 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.43). The business had revenue of $36.24 billion for the quarter, compared to analysts’ expectations of $35.60 billion. Honda Motor had a return on equity of 7.53% and a net margin of 4.53%. As a group, equities analysts forecast that Honda Motor will post 4.09 EPS for the current fiscal year.

Honda Motor Company 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.