Parallel Advisors LLC Grows Stock Position in Honda Motor Co., Ltd. (NYSE:HMC)

Parallel Advisors LLC increased its position in shares of Honda Motor Co., Ltd. (NYSE:HMC – Free Report) by 4.0% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 16,647 shares of the company’s stock after buying an additional 634 shares during the quarter. Parallel [...]

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Parallel Advisors LLC increased its position in shares of Honda Motor Co., Ltd. ( NYSE:HMC – Free Report ) by 4.

0% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 16,647 shares of the company’s stock after buying an additional 634 shares during the quarter. Parallel Advisors LLC’s holdings in Honda Motor were worth $537,000 at the end of the most recent reporting period.



Several other institutional investors have also recently made changes to their positions in the company. RFP Financial Group LLC raised its position in Honda Motor by 91.3% in the first quarter.

RFP Financial Group LLC now owns 662 shares of the company’s stock valued at $25,000 after purchasing an additional 316 shares during the period. Rise Advisors LLC acquired a new position in shares of Honda Motor in the first quarter worth $27,000. Rothschild Investment LLC acquired a new position in shares of Honda Motor in the second quarter worth $28,000.

LRI Investments LLC grew its stake in shares of Honda Motor by 1,263.6% in the second quarter. LRI Investments LLC now owns 900 shares of the company’s stock worth $29,000 after acquiring an additional 834 shares in the last quarter.

Finally, Family Firm Inc. acquired a new position in shares of Honda Motor in the second quarter worth $35,000. Hedge funds and other institutional investors own 5.

32% of the company’s stock. Honda Motor Stock Performance NYSE:HMC opened at $31.49 on Wednesday.

The company has a fifty day simple moving average of $31.53 and a two-hundred day simple moving average of $33.29.

The company has a market cap of $53.86 billion, a price-to-earnings ratio of 6.67, a price-to-earnings-growth ratio of 2.

88 and a beta of 0.67. The company has a quick ratio of 1.

07, a current ratio of 1.37 and a debt-to-equity ratio of 0.45.

Honda Motor Co., Ltd. has a 52 week low of $27.

69 and a 52 week high of $37.90. Wall Street Analyst Weigh In Separately, StockNews.

com upgraded shares of Honda Motor from a “buy” rating to a “strong-buy” rating in a research note on Thursday, July 11th. Check Out Our Latest Stock Report on HMC Honda Motor Profile ( 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. Recommended 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.

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