Honda Motor Company, Ltd. (HMC) Position Increased by Level Four Advisory Services LLC

Level Four Advisory Services LLC boosted its position in Honda Motor Company, Ltd. (NYSE:HMC) by 5.2% during the first quarter, Holdings Channel reports. The institutional investor owned 17,040 shares of the company’s stock after buying an additional 835 shares during the period. Level Four Advisory Services LLC’s holdings in Honda Motor Company were worth $504,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. IFP Advisors Inc increased its stake in shares of Honda Motor Company by 2.6% in the first quarter. IFP Advisors Inc now owns 4,313 shares of the company’s stock worth $131,000 after buying an additional 108 shares in the last quarter. Hanson & Doremus Investment Management increased its stake in shares of Honda Motor Company by 1.1% in the fourth quarter. Hanson & Doremus Investment Management now owns 12,555 shares of the company’s stock worth $366,000 after buying an additional 135 shares in the last quarter. Birmingham Capital Management Co. Inc. AL increased its stake in shares of Honda Motor Company by 1.7% in the first quarter. Birmingham Capital Management Co. Inc. AL now owns 43,035 shares of the company’s stock worth $1,302,000 after buying an additional 700 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Honda Motor Company by 22.7% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 4,768 shares of the company’s stock worth $145,000 after buying an additional 883 shares in the last quarter. Finally, Point View Wealth Management Inc. increased its stake in shares of Honda Motor Company by 12.4% in the first quarter. Point View Wealth Management Inc. now owns 9,253 shares of the company’s stock worth $280,000 after buying an additional 1,019 shares in the last quarter. Institutional investors own 2.56% of the company’s stock.

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

Honda Motor Company, Ltd. (NYSE HMC) traded down 0.11% during mid-day trading on Friday, hitting $27.86. The company had a trading volume of 681,381 shares. Honda Motor Company, Ltd. has a 12-month low of $24.03 and a 12-month high of $32.17. The company’s 50 day moving average price is $28.26 and its 200-day moving average price is $29.76. The firm has a market capitalization of $50.21 billion, a PE ratio of 9.06 and a beta of 1.04.

Honda Motor Company (NYSE:HMC) last released its quarterly earnings data on Friday, April 28th. The company reported $0.47 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.26. Honda Motor Company had a net margin of 4.44% and a return on equity of 8.54%. The business had revenue of $3,763.40 billion during the quarter, compared to analyst estimates of $3,670.98 billion. During the same period in the previous year, the business earned ($51.85) EPS. Honda Motor Company’s revenue was up 2.9% compared to the same quarter last year. On average, analysts forecast that Honda Motor Company, Ltd. will post $2.76 EPS for the current fiscal year.

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A number of equities research analysts recently weighed in on the company. Jefferies Group LLC reaffirmed a “buy” rating and set a $35.45 price target on shares of Honda Motor Company in a report on Monday, April 3rd. TheStreet cut Honda Motor Company from a “b-” rating to a “c+” rating in a report on Tuesday, March 21st. Finally, Zacks Investment Research raised Honda Motor Company from a “sell” rating to a “hold” rating in a report on Monday, June 5th.

Honda Motor Company 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.

Want to see what other hedge funds are holding HMC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Honda Motor Company, Ltd. (NYSE:HMC).

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