Envestnet Asset Management INC increased its holdings in Honda Motor Co, Ltd (NYSE: HMC), as indicated by the company’s most recent filing with the SEC, which was submitted during the third quarter. Following the acquisition of an additional 75,362 shares during the period covered by the report, the total number of shares held by the fund in the company is now 491,221.
At the end of the most recent reporting period, Envestnet Asset Management INC concluded that Honda Motor was worth $10,605,000.
A few hedge funds have also adjusted the percentage of HMC shares they hold in their portfolios.
During the second quarter, Connor Clark & Lunn Investment Management Ltd increased the percentage of ownership it held in Honda Motor by 405.2. Connor Clark & Lunn Investment Management Ltd now holds 681,621 shares of the company’s stock following the acquisition of an additional 546,699 shares during the most recent quarter.
The stock is currently valued at $16,461,000. Goldman Sachs Group INC grew its stake in Honda Motor by 47.3% during the first three months of the current year.
The most recent fiscal quarter saw Goldman Sachs Group INC acquire 535,537 shares of the company’s stock.
This brings the total number of shares owned by the organization to 1,668,367, valued at $47,148,000.
During the second quarter, Renaissance Technologies LLC achieved a 39.2 percent increase in the proportion of Honda Motor stock it owned. Renaissance Technologies LLC currently holds 1,720,898 shares of the company’s stock, following the acquisition of an additional 484,200 shares during the preceding quarter.
These shares have a combined value of $41,560,000.
During the first three months of the year, Dimensional Fund Advisors LP saw a growth of 40.5% in the total value of its holdings in Honda Motor Company.
After purchasing an additional 287,536 shares during the most recent quarter, Dimensional Fund Advisors LP now owns 997,675 shares.
The current market value of Dimensional Fund Advisors LP’s holdings in the company is $28,194,000.
And finally, during the second quarter, Grantham Mayo Van Otterloo & Co LLC increased the percentage of Honda Motor stock it owns by 104.0%. Grantham Mayo Mayo Van Otterloo & Co LLC Since the beginning of this quarter, Mayo Van Otterloo & Co LLC has acquired an additional 282,276 shares of the company’s stock, bringing its total value holdings to $13,369,000.
Institutional investors and investors who work for hedge funds own a combined total of 5.48 percent of the company’s outstanding shares.
When trading started on Monday, the share price of Honda Motor was established at $25.75 per share.
The lowest point for Honda Motor Co, Ltd in the prior year was $21.43, and the company reached an all-time high of $31.08 in that same period. Over the last 50 days, the stock price has reached a moving average of $24.20; over the last 200 days, that price has averaged $24.15.
The debt-to-equity ratio comes in at 0.38, the current ratio at 1.47, and the quick ratio at 1.13.
All of these figures are presented as percentages.
The stock has a price-to-earnings ratio of 8.25, a price-to-earnings-growth ratio of 1.36, and a beta value of 0.75.
Its market capitalization is $44.05 billion.
Studies on HMC have been published relatively recently by a few different brokerage firms.
These papers are available to view on their respective websites.
The findings of a research study presented in an article printed in TheStreet on January 31st indicated that the previous rating of “c+” assigned to Honda Motor had been changed to a rating of “b-.” The rating for Honda Motor was upgraded from “buy” to “strong buy” in a research report published by StockNews.com on Saturday, November 19th.
This change reflects the website’s more bullish outlook on the company’s stock and the results from the upgrade.
The Honda Motor Co, Ltd is a multinational corporation specializing in producing and distributing a diverse range of power products.
These products include automobiles, motorcycles, and power tools.
Automobiles, motorcycles, financial services, and power goods, among other things, comprise its four distinct business divisions.
The Automotive business segment is in charge of the manufacturing and distribution of automobiles and the many different components sold together with the vehicles.
Analyze the investment philosophies of the other hedge funds and determine how they stack up against HMCs.
By going to HoldingsChannel.com, you can investigate the most recent 13F filings and insider transactions for Honda Motor Co, Ltd (NYSE: HMC).