Intelligence Driven Advisers LLC Purchases Shares of 6,591 Honda Motor Co., Ltd. (NYSE:HMC)

Intelligence Driven Advisers LLC acquired a new stake in shares of Honda Motor Co., Ltd. (NYSE:HMC) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 6,591 shares of the company’s stock, valued at approximately $221,000.

Several other institutional investors also recently made changes to their positions in the stock. Fisher Asset Management LLC grew its stake in shares of Honda Motor by 2.7% during the 4th quarter. Fisher Asset Management LLC now owns 9,670,076 shares of the company’s stock valued at $298,902,000 after buying an additional 258,160 shares during the period. Grantham Mayo Van Otterloo & Co. LLC grew its stake in shares of Honda Motor by 16.9% during the 3rd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 847,609 shares of the company’s stock valued at $28,514,000 after buying an additional 122,408 shares during the period. FMR LLC boosted its position in Honda Motor by 5.5% during the 3rd quarter. FMR LLC now owns 783,040 shares of the company’s stock worth $26,341,000 after purchasing an additional 41,000 shares during the period. Northern Trust Corp boosted its position in Honda Motor by 0.5% during the 3rd quarter. Northern Trust Corp now owns 622,975 shares of the company’s stock worth $20,957,000 after purchasing an additional 3,269 shares during the period. Finally, Envestnet Asset Management Inc. boosted its position in Honda Motor by 6.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 528,582 shares of the company’s stock worth $17,782,000 after purchasing an additional 33,470 shares during the period. 5.32% of the stock is owned by hedge funds and other institutional investors.

Honda Motor Stock Up 1.7 %

Honda Motor stock traded up $0.59 during trading on Thursday, reaching $34.41. 353,718 shares of the company’s stock were exchanged, compared to its average volume of 1,037,155. The company’s 50-day moving average is $35.79 and its two-hundred day moving average is $33.32. The company has a quick ratio of 1.13, a current ratio of 1.45 and a debt-to-equity ratio of 0.44. Honda Motor Co., Ltd. has a 52-week low of $26.02 and a 52-week high of $37.90.

Honda Motor (NYSE:HMC) last announced its quarterly earnings results on Friday, February 9th. The company reported $1.06 earnings per share for the quarter, topping analysts’ consensus estimates of $0.85 by $0.21. Honda Motor had a net margin of 5.05% and a return on equity of 8.04%. The firm had revenue of $36.50 billion during the quarter, compared to analysts’ expectations of $37.68 billion. As a group, analysts forecast that Honda Motor Co., Ltd. will post 4.14 EPS for the current fiscal year.

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.