LSV Asset Management Sells 600 Shares of Honda Motor Co., Ltd. (NYSE:HMC)

LSV Asset Management trimmed its holdings in Honda Motor Co., Ltd. (NYSE:HMC) by 0.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 490,142 shares of the company’s stock after selling 600 shares during the period. LSV Asset Management’s holdings in Honda Motor were worth $15,150,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in HMC. Commonwealth Equity Services LLC raised its position in shares of Honda Motor by 30.5% in the third quarter. Commonwealth Equity Services LLC now owns 91,164 shares of the company’s stock valued at $3,067,000 after purchasing an additional 21,305 shares during the period. Lindbrook Capital LLC raised its holdings in Honda Motor by 17.2% in the 3rd quarter. Lindbrook Capital LLC now owns 4,237 shares of the company’s stock valued at $143,000 after acquiring an additional 621 shares during the period. Advisor Partners II LLC lifted its position in Honda Motor by 38.2% during the third quarter. Advisor Partners II LLC now owns 36,966 shares of the company’s stock worth $1,244,000 after acquiring an additional 10,223 shares during the last quarter. Park Avenue Securities LLC boosted its holdings in shares of Honda Motor by 8.6% during the third quarter. Park Avenue Securities LLC now owns 22,489 shares of the company’s stock worth $757,000 after acquiring an additional 1,772 shares during the period. Finally, Assetmark Inc. grew its position in shares of Honda Motor by 4.2% in the third quarter. Assetmark Inc. now owns 118,450 shares of the company’s stock valued at $3,985,000 after purchasing an additional 4,824 shares during the last quarter. 5.32% of the stock is currently owned by institutional investors.

Honda Motor Stock Up 1.1 %

Shares of NYSE HMC opened at $34.96 on Tuesday. The company has a quick ratio of 1.13, a current ratio of 1.45 and a debt-to-equity ratio of 0.44. The stock’s fifty day moving average price is $35.73 and its two-hundred day moving average price is $33.34. Honda Motor Co., Ltd. has a one year low of $26.69 and a one year high of $37.90.

Honda Motor (NYSE:HMC) last released its quarterly earnings results on Friday, February 9th. The company reported $1.06 EPS for the quarter, beating the consensus estimate of $0.85 by $0.21. Honda Motor had a net margin of 5.05% and a return on equity of 8.04%. The business had revenue of $36.50 billion for the quarter, compared to the consensus estimate of $37.68 billion. On average, sell-side analysts anticipate that Honda Motor Co., Ltd. will post 4.14 earnings per share for the current year.

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.