Total Clarity Wealth Management Inc. Has $220,000 Position in Honda Motor Co., Ltd. (NYSE:HMC)

Total Clarity Wealth Management Inc. raised its position in Honda Motor Co., Ltd. (NYSE:HMC) by 11.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 7,720 shares of the company’s stock after purchasing an additional 812 shares during the period. Total Clarity Wealth Management Inc.’s holdings in Honda Motor were worth $220,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in the company. R Squared Ltd acquired a new position in shares of Honda Motor in the fourth quarter valued at about $30,000. Wilmington Savings Fund Society FSB bought a new stake in Honda Motor in the 3rd quarter valued at about $36,000. Addison Advisors LLC grew its position in shares of Honda Motor by 391.2% during the 3rd quarter. Addison Advisors LLC now owns 1,282 shares of the company’s stock worth $41,000 after purchasing an additional 1,021 shares in the last quarter. GAMMA Investing LLC raised its position in shares of Honda Motor by 31.0% in the third quarter. GAMMA Investing LLC now owns 2,382 shares of the company’s stock valued at $76,000 after buying an additional 564 shares in the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in shares of Honda Motor by 84.6% in the third quarter. BNP Paribas Financial Markets now owns 2,510 shares of the company’s stock valued at $80,000 after buying an additional 1,150 shares during the period. Institutional investors own 5.32% of the company’s stock.

Honda Motor Stock Performance

Shares of Honda Motor stock opened at $28.29 on Friday. The company has a 50 day moving average of $27.35 and a 200-day moving average of $29.60. The company has a market cap of $44.15 billion, a PE ratio of 6.98 and a beta of 0.59. The company has a current ratio of 1.43, a quick ratio of 1.12 and a debt-to-equity ratio of 0.49. Honda Motor Co., Ltd. has a 1-year low of $23.41 and a 1-year high of $37.90.

Honda Motor (NYSE:HMC) last issued its earnings results on Wednesday, November 6th. The company reported $0.43 earnings per share for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.43). Honda Motor had a net margin of 4.53% and a return on equity of 7.53%. The business had revenue of $36.24 billion during the quarter, compared to analyst estimates of $35.60 billion. As a group, equities research analysts forecast that Honda Motor Co., Ltd. will post 4.02 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on HMC shares. StockNews.com lowered Honda Motor from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 2nd. UBS Group upgraded Honda Motor from a “sell” rating to a “neutral” rating in a research report on Wednesday, December 18th.

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.