Greenleaf Trust Has $2.54 Million Holdings in Honda Motor Co Ltd (HMC)

Greenleaf Trust grew its holdings in shares of Honda Motor Co Ltd (NYSE:HMC) by 67.6% during the first quarter, HoldingsChannel reports. The firm owned 93,625 shares of the company’s stock after acquiring an additional 37,778 shares during the quarter. Greenleaf Trust’s holdings in Honda Motor were worth $2,544,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. Equity Investment Corp raised its stake in shares of Honda Motor by 17.7% during the first quarter. Equity Investment Corp now owns 2,329,659 shares of the company’s stock valued at $63,297,000 after acquiring an additional 349,614 shares during the last quarter. Global Retirement Partners LLC raised its stake in shares of Honda Motor by 36.9% during the first quarter. Global Retirement Partners LLC now owns 2,393 shares of the company’s stock valued at $65,000 after acquiring an additional 645 shares during the last quarter. Raymond James & Associates raised its stake in shares of Honda Motor by 12.6% during the first quarter. Raymond James & Associates now owns 349,482 shares of the company’s stock valued at $9,495,000 after acquiring an additional 39,118 shares during the last quarter. Point View Wealth Management Inc. bought a new position in shares of Honda Motor during the first quarter valued at $203,000. Finally, Stephens Inc. AR raised its stake in shares of Honda Motor by 11.1% during the first quarter. Stephens Inc. AR now owns 63,130 shares of the company’s stock valued at $1,715,000 after acquiring an additional 6,318 shares during the last quarter. Hedge funds and other institutional investors own 2.10% of the company’s stock.

HMC opened at $25.62 on Tuesday. Honda Motor Co Ltd has a twelve month low of $25.30 and a twelve month high of $33.31. The company has a quick ratio of 0.95, a current ratio of 1.23 and a debt-to-equity ratio of 0.48. The firm has a market cap of $45.56 billion, a PE ratio of 8.21, a PEG ratio of 0.94 and a beta of 0.94.

Honda Motor (NYSE:HMC) last posted its quarterly earnings data on Wednesday, May 8th. The company reported ($0.07) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.53 by ($0.60). Honda Motor had a return on equity of 6.97% and a net margin of 3.92%. The firm had revenue of $4,049.10 billion for the quarter, compared to analyst estimates of $4,011.69 billion. During the same quarter last year, the company earned $60.59 earnings per share. The company’s quarterly revenue was up 3.4% compared to the same quarter last year. As a group, research analysts anticipate that Honda Motor Co Ltd will post 3.75 earnings per share for the current fiscal year.

HMC has been the subject of several recent analyst reports. Nomura upgraded shares of Honda Motor from a “neutral” rating to a “buy” rating in a research report on Tuesday, February 19th. TheStreet cut shares of Honda Motor from a “b” rating to a “c+” rating in a research report on Wednesday, May 8th. Zacks Investment Research upgraded shares of Honda Motor from a “sell” rating to a “hold” rating in a research report on Friday, May 10th. Finally, ValuEngine upgraded shares of Honda Motor from a “strong sell” rating to a “sell” rating in a research report on Wednesday, May 1st. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $31.00.

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Honda Motor 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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