Werba Rubin Papier Wealth Management Acquires 1,259 Shares of Honda Motor Co., Ltd. (NYSE:HMC)

Werba Rubin Papier Wealth Management increased its holdings in shares of Honda Motor Co., Ltd. (NYSE:HMC) by 21.7% during the second quarter, Holdings Channel.com reports. The fund owned 7,071 shares of the company’s stock after purchasing an additional 1,259 shares during the quarter. Werba Rubin Papier Wealth Management’s holdings in Honda Motor were worth $228,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. RFP Financial Group LLC grew its position in shares of Honda Motor by 91.3% during the 1st quarter. RFP Financial Group LLC now owns 662 shares of the company’s stock worth $25,000 after purchasing an additional 316 shares in the last quarter. Rise Advisors LLC acquired a new stake in Honda Motor during the first quarter worth approximately $27,000. Rothschild Investment LLC bought a new position in shares of Honda Motor in the second quarter worth $28,000. LRI Investments LLC raised its stake in Honda Motor by 1,263.6% in the second quarter. LRI Investments LLC now owns 900 shares of the company’s stock valued at $29,000 after purchasing an additional 834 shares in the last quarter. Finally, Family Firm Inc. bought a new stake in Honda Motor during the second quarter worth about $35,000. Institutional investors and hedge funds own 5.32% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Honda Motor from a “buy” rating to a “strong-buy” rating in a report on Thursday, July 11th.

Honda Motor Price Performance

HMC traded down $1.06 during trading on Friday, hitting $31.31. 544,937 shares of the stock traded hands, compared to its average volume of 933,102. The business has a 50 day moving average price of $31.67 and a 200 day moving average price of $33.51. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.37 and a quick ratio of 1.07. Honda Motor Co., Ltd. has a twelve month low of $27.69 and a twelve month high of $37.90. The company has a market cap of $53.56 billion, a price-to-earnings ratio of 6.63, a PEG ratio of 3.01 and a beta of 0.67.

Honda Motor (NYSE:HMC) last posted its quarterly earnings results on Wednesday, August 7th. The company reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $1.19 by $0.38. Honda Motor had a return on equity of 8.72% and a net margin of 5.34%. The company had revenue of $34.67 billion during the quarter, compared to analysts’ expectations of $33.75 billion. Equities research analysts forecast that Honda Motor Co., Ltd. will post 4.53 earnings per share for the current fiscal year.

Honda Motor Company Profile

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.