Landscape Capital Management L.L.C. lifted its stake in Honda Motor Co., Ltd. (NYSE:HMC – Free Report) by 347.2% during the fourth quarter, HoldingsChannel reports. The firm owned 56,134 shares of the company’s stock after purchasing an additional 43,582 shares during the period. Landscape Capital Management L.L.C.’s holdings in Honda Motor were worth $1,603,000 at the end of the most recent quarter.
Several other institutional investors also recently added to or reduced their stakes in HMC. Asset Planning Inc purchased a new position in shares of Honda Motor during the fourth quarter worth approximately $25,000. Murphy & Mullick Capital Management Corp purchased a new position in Honda Motor during the 4th quarter worth $26,000. R Squared Ltd bought a new stake in Honda Motor during the 4th quarter valued at $30,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Honda Motor in the 3rd quarter worth $36,000. Finally, Manchester Capital Management LLC purchased a new position in shares of Honda Motor during the fourth quarter valued at $40,000. Hedge funds and other institutional investors own 5.32% of the company’s stock.
Honda Motor Price Performance
Shares of HMC stock opened at $25.02 on Friday. The stock’s 50-day moving average is $28.29 and its 200 day moving average is $28.60. Honda Motor Co., Ltd. has a 1-year low of $23.41 and a 1-year high of $37.34. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.38 and a quick ratio of 1.10. The company has a market cap of $39.05 billion, a P/E ratio of 5.82 and a beta of 0.57.
Analyst Upgrades and Downgrades
A number of analysts recently weighed in on the stock. UBS Group raised shares of Honda Motor from a “sell” rating to a “neutral” rating in a research note on Wednesday, December 18th. StockNews.com raised shares of Honda Motor from a “hold” rating to a “buy” rating in a report on Wednesday, February 19th.
View Our Latest Stock Report on Honda Motor
About Honda Motor
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.
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