Manning & Napier Group LLC Has $5.56 Million Stake in Honda Motor Co Ltd (NYSE:HMC)

Manning & Napier Group LLC increased its holdings in shares of Honda Motor Co Ltd (NYSE:HMC) by 4.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 204,556 shares of the company’s stock after buying an additional 7,775 shares during the quarter. Manning & Napier Group LLC’s holdings in Honda Motor were worth $5,557,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of HMC. FMR LLC lifted its position in shares of Honda Motor by 0.3% in the fourth quarter. FMR LLC now owns 122,465 shares of the company’s stock worth $3,240,000 after buying an additional 370 shares during the last quarter. Bessemer Group Inc. lifted its position in shares of Honda Motor by 14.5% during the 4th quarter. Bessemer Group Inc. now owns 3,018 shares of the company’s stock worth $79,000 after purchasing an additional 382 shares during the last quarter. Moody National Bank Trust Division lifted its position in shares of Honda Motor by 1.0% during the 4th quarter. Moody National Bank Trust Division now owns 47,558 shares of the company’s stock worth $1,258,000 after purchasing an additional 458 shares during the last quarter. Advisor Group Inc. lifted its position in shares of Honda Motor by 5.0% during the 4th quarter. Advisor Group Inc. now owns 11,697 shares of the company’s stock worth $309,000 after purchasing an additional 556 shares during the last quarter. Finally, Cardinal Capital Management lifted its position in shares of Honda Motor by 1.6% during the 4th quarter. Cardinal Capital Management now owns 58,629 shares of the company’s stock worth $1,550,000 after purchasing an additional 895 shares during the last quarter. Institutional investors and hedge funds own 2.07% of the company’s stock.

Several equities analysts recently weighed in on the company. Zacks Investment Research cut Honda Motor from a “hold” rating to a “sell” rating in a research report on Wednesday, April 17th. ValuEngine raised Honda Motor from a “strong sell” rating to a “sell” rating in a report on Wednesday. Finally, Nomura raised Honda Motor from a “neutral” rating to a “buy” rating in a report on Tuesday, February 19th.

Honda Motor stock traded up $0.18 during trading hours on Friday, hitting $27.96. The stock had a trading volume of 335,213 shares, compared to its average volume of 557,051. Honda Motor Co Ltd has a fifty-two week low of $25.30 and a fifty-two week high of $33.52. The stock has a market cap of $49.72 billion, a price-to-earnings ratio of 7.72, a price-to-earnings-growth ratio of 5.92 and a beta of 0.94. The company has a quick ratio of 0.95, a current ratio of 1.23 and a debt-to-equity ratio of 0.47.

Honda Motor (NYSE:HMC) last released its quarterly earnings data on Friday, February 1st. The company reported $0.85 earnings per share for the quarter, meeting the consensus estimate of $0.85. Honda Motor had a return on equity of 8.49% and a net margin of 4.73%. The company had revenue of $3,957.12 billion for the quarter, compared to analyst estimates of $3,956.54 billion. During the same period in the prior year, the company posted $318.50 EPS. The company’s revenue was down .4% compared to the same quarter last year. On average, analysts expect that Honda Motor Co Ltd will post 3.76 earnings per share for the current fiscal year.

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Honda Motor Company Profile

Honda Motor Co, Ltd. develops, manufactures, and distributes motorcycles, automobiles, power products, and other products worldwide. The company operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Power Product and Other Businesses. The Motorcycle Business segment produces sports models, including trial and moto-cross racing vehicles; business and commuter models; all-terrain vehicles; and side-by-side models.

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

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