Honda Motor Co., Ltd. (NYSE:HMC) Holdings Lowered by Fifth Third Bancorp

Fifth Third Bancorp lowered its holdings in Honda Motor Co., Ltd. (NYSE:HMC) by 3.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 13,745 shares of the company’s stock after selling 422 shares during the quarter. Fifth Third Bancorp’s holdings in Honda Motor were worth $425,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. FMR LLC grew its stake in shares of Honda Motor by 5.5% in the 3rd quarter. FMR LLC now owns 783,040 shares of the company’s stock worth $26,341,000 after purchasing an additional 41,000 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in shares of Honda Motor by 38.9% in the 3rd quarter. Janney Montgomery Scott LLC now owns 54,949 shares of the company’s stock worth $1,849,000 after purchasing an additional 15,384 shares during the last quarter. American Century Companies Inc. grew its stake in shares of Honda Motor by 17.0% in the 3rd quarter. American Century Companies Inc. now owns 302,025 shares of the company’s stock worth $10,160,000 after purchasing an additional 43,981 shares during the last quarter. Foresight Capital Management Advisors Inc. acquired a new position in shares of Honda Motor in the 4th quarter worth approximately $2,508,000. Finally, Envestnet Asset Management Inc. grew its stake in shares of Honda Motor by 6.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 528,582 shares of the company’s stock worth $17,782,000 after purchasing an additional 33,470 shares during the last quarter. Institutional investors and hedge funds own 5.32% of the company’s stock.

Honda Motor Stock Performance

Shares of HMC opened at $36.70 on Friday. The firm’s 50 day moving average is $35.51 and its 200-day moving average is $33.18. The stock has a market capitalization of $62.78 billion, a P/E ratio of 8.66, a P/E/G ratio of 0.38 and a beta of 0.71. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.45 and a quick ratio of 1.13. Honda Motor Co., Ltd. has a 12-month low of $25.75 and a 12-month high of $37.90.

Honda Motor (NYSE:HMC) last released its earnings results on Friday, February 9th. The company reported $1.06 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.21. The business had revenue of $36.50 billion for the quarter, compared to the consensus estimate of $37.68 billion. Honda Motor had a net margin of 5.05% and a return on equity of 8.04%. Equities research analysts anticipate that Honda Motor Co., Ltd. will post 4.2 EPS for the current fiscal 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.