Raymond James Trust N.A. bought a new stake in shares of Honda Motor Co Ltd (NYSE:HMC) during the first quarter, according to its most recent filing with the SEC. The firm bought 6,835 shares of the company’s stock, valued at approximately $207,000.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Equity Investment Corp Acquisition Inc acquired a new position in shares of Honda Motor Co during the fourth quarter worth about $82,224,000. Suntrust Banks Inc. acquired a new position in shares of Honda Motor Co during the third quarter worth about $3,572,000. Two Sigma Investments LP boosted its position in shares of Honda Motor Co by 513.6% in the fourth quarter. Two Sigma Investments LP now owns 49,782 shares of the company’s stock worth $1,453,000 after buying an additional 41,669 shares in the last quarter. Comerica Bank boosted its position in shares of Honda Motor Co by 5.0% in the fourth quarter. Comerica Bank now owns 111,981 shares of the company’s stock worth $3,368,000 after buying an additional 5,290 shares in the last quarter. Finally, First Republic Investment Management Inc. boosted its position in shares of Honda Motor Co by 19.5% in the fourth quarter. First Republic Investment Management Inc. now owns 53,887 shares of the company’s stock worth $1,573,000 after buying an additional 8,811 shares in the last quarter. Hedge funds and other institutional investors own 3.04% of the company’s stock.

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

Shares of Honda Motor Co Ltd (NYSE:HMC) opened at 28.48 on Friday. The company’s 50 day moving average is $30.11 and its 200-day moving average is $29.98. The firm has a market cap of $51.33 billion, a PE ratio of 13.33 and a beta of 1.16. Honda Motor Co Ltd has a 12 month low of $24.03 and a 12 month high of $32.17.

Honda Motor Co (NYSE:HMC) last released its quarterly earnings data on Friday, February 3rd. The company reported $0.80 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.49 by $0.31. Honda Motor Co had a return on equity of 6.32% and a net margin of 3.17%. The company earned $3,501 billion during the quarter, compared to the consensus estimate of $112.66 million. During the same quarter in the prior year, the firm posted $68.91 earnings per share. Equities research analysts predict that Honda Motor Co Ltd will post $2.76 EPS for the current year.

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A number of equities analysts have recently issued reports on the stock. Jefferies Group LLC restated a “buy” rating and issued a $35.45 price objective on shares of Honda Motor Co in a research note on Monday, April 3rd. TheStreet cut shares of Honda Motor Co from a “b-” rating to a “c+” rating in a research note on Tuesday, March 21st. Zacks Investment Research cut shares of Honda Motor Co from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 4th. Finally, Macquarie upgraded shares of Honda Motor Co from a “neutral” rating to an “outperform” rating in a research note on Friday, February 3rd. Three equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. Honda Motor Co currently has an average rating of “Hold” and a consensus target price of $34.73.

Honda Motor Co 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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