RWA Wealth Partners LLC Invests $3.09 Million in Honda Motor Co., Ltd. (NYSE:HMC)

RWA Wealth Partners LLC bought a new stake in shares of Honda Motor Co., Ltd. (NYSE:HMC) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 99,936 shares of the company’s stock, valued at approximately $3,089,000.

Several other large investors have also recently bought and sold shares of HMC. Grantham Mayo Van Otterloo & Co. LLC increased its holdings in Honda Motor by 16.9% in the 3rd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 847,609 shares of the company’s stock valued at $28,514,000 after buying an additional 122,408 shares during the period. FMR LLC increased its holdings in Honda Motor by 5.5% in the 3rd quarter. FMR LLC now owns 783,040 shares of the company’s stock valued at $26,341,000 after buying an additional 41,000 shares during the period. Northern Trust Corp increased its holdings in Honda Motor by 0.5% in the 3rd quarter. Northern Trust Corp now owns 622,975 shares of the company’s stock valued at $20,957,000 after buying an additional 3,269 shares during the period. Envestnet Asset Management Inc. increased its holdings in Honda Motor by 6.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 528,582 shares of the company’s stock valued at $17,782,000 after buying an additional 33,470 shares during the period. Finally, O Shaughnessy Asset Management LLC increased its holdings in Honda Motor by 11.4% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 481,775 shares of the company’s stock valued at $16,207,000 after buying an additional 49,278 shares during the period. 5.32% of the stock is currently owned by institutional investors and hedge funds.

Honda Motor Trading Up 0.1 %

Shares of Honda Motor stock opened at $34.58 on Wednesday. The firm has a market capitalization of $59.10 billion, a PE ratio of 8.16, a price-to-earnings-growth ratio of 0.37 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. The company’s fifty day moving average price is $35.87 and its two-hundred day moving average price is $33.30. Honda Motor Co., Ltd. has a 52-week low of $25.75 and a 52-week high of $37.90.

Honda Motor (NYSE:HMC) last announced its earnings results on Friday, February 9th. The company reported $1.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.85 by $0.21. The business had revenue of $36.50 billion during the quarter, compared to analysts’ expectations of $37.68 billion. Honda Motor had a net margin of 5.05% and a return on equity of 8.04%. On average, analysts expect that Honda Motor Co., Ltd. will post 4.11 EPS 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.