6 days Ago By ABMN Staff
Franklin Resources Inc. trimmed its holdings in shares of Honda Motor Co., Ltd.
( NYSE:HMC – Free Report ) by 51.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 54,875 shares of the company’s stock after selling 57,270 shares during the period.
Franklin Resources Inc.’s holdings in Honda Motor were worth $1,567,000 at the end of the most recent reporting period. A number of other hedge funds and other institutional investors have also modified their holdings of the stock.
Asset Planning Inc acquired a new position in Honda Motor during the 4th quarter valued at about $25,000. Murphy & Mullick Capital Management Corp acquired a new position in shares of Honda Motor during the fourth quarter valued at approximately $26,000. R Squared Ltd bought a new stake in Honda Motor during the fourth quarter worth approximately $30,000.
Wilmington Savings Fund Society FSB acquired a new stake in Honda Motor in the third quarter worth approximately $36,000. Finally, Manchester Capital Management LLC bought a new position in Honda Motor during the 4th quarter valued at $40,000. 5.
32% of the stock is currently owned by institutional investors. Honda Motor Stock Performance Shares of NYSE HMC opened at $28.17 on Tuesday.
The stock’s fifty day simple moving average is $28.05 and its 200 day simple moving average is $28.25.
The stock has a market capitalization of $43.97 billion, a price-to-earnings ratio of 6.55 and a beta of 0.
57. The company has a quick ratio of 1.10, a current ratio of 1.
38 and a debt-to-equity ratio of 0.51. Honda Motor Co.
, Ltd. has a 52-week low of $23.41 and a 52-week high of $36.
52. Analyst Upgrades and Downgrades HMC has been the subject of several research analyst reports. StockNews.
com upgraded Honda Motor from a “hold” rating to a “buy” rating in a report on Wednesday, February 19th. Sanford C. Bernstein began coverage on shares of Honda Motor in a research report on Monday.
They set a “market perform” rating for the company. Finally, UBS Group raised shares of Honda Motor from a “sell” rating to a “neutral” rating in a research note on Wednesday, December 18th. Check Out Our Latest Stock Analysis on HMC About Honda Motor ( Free Report ) 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. Featured Stories 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 Co., Ltd. ( NYSE:HMC – Free Report ).
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