Highland Capital Management LLC continued to hold its position in Honda Motor Co. (NYSE:HMC) during the third quarter, according to its most recent disclosure with the SEC. The firm owned 83,256 shares of the company’s stock at the end of the third quarter. Highland Capital Management LLC’s holdings in Honda Motor were worth $2,408,000 as of its most recent filing with the SEC.

Several other institutional investors have also added to or reduced their stakes in the stock. Sunbelt Securities Inc. increased its position in Honda Motor by 0.7% in the second quarter. Sunbelt Securities Inc. now owns 7,235 shares of the company’s stock worth $183,000 after buying an additional 51 shares in the last quarter. M&T Bank Corp increased its position in Honda Motor by 0.9% in the second quarter. M&T Bank Corp now owns 10,574 shares of the company’s stock worth $268,000 after buying an additional 91 shares in the last quarter. Glenmede Trust Co. NA increased its position in Honda Motor by 4.3% in the second quarter. Glenmede Trust Co. NA now owns 6,591 shares of the company’s stock worth $166,000 after buying an additional 270 shares in the last quarter. National Asset Management Inc. increased its position in Honda Motor by 3.6% in the second quarter. National Asset Management Inc. now owns 8,099 shares of the company’s stock worth $207,000 after buying an additional 280 shares in the last quarter. Finally, Balentine LLC increased its position in Honda Motor by 5.8% in the second quarter. Balentine LLC now owns 5,397 shares of the company’s stock worth $137,000 after buying an additional 297 shares in the last quarter. Hedge funds and other institutional investors own 2.77% of the company’s stock.

Institutional Ownership by Quarter for Honda Motor (NYSE:HMC)

Honda Motor Co. (NYSE:HMC) traded down 0.44% during midday trading on Monday, reaching $29.28. 557,261 shares of the company were exchanged. Honda Motor Co. has a 52 week low of $24.03 and a 52 week high of $33.42. The firm has a 50-day moving average price of $29.03 and a 200-day moving average price of $28.23. The company has a market capitalization of $52.77 billion, a PE ratio of 15.31 and a beta of 1.21.

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A number of equities analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of Honda Motor from a “strong sell” rating to a “hold” rating in a research note on Monday, August 1st. TheStreet upgraded shares of Honda Motor from a “hold” rating to a “buy” rating in a research note on Friday, August 12th. Three analysts have rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $32.40.

Honda Motor Company Profile

Honda Motor Co, Ltd. (Honda) develops, manufactures and markets motorcycles, automobiles and power products across the world. The Company’s segments include Motorcycle Business, Automobile business, Financial services business, and Power product and other businesses. The Company produces a range of motorcycles, with engine displacement ranging from the 50 cubic centimeters class to the 1,800 cubic centimeters class.

5 Day Chart for NYSE:HMC

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