According to the most recent Form 13F that Schechter Investment Advisors LLC filed with the Securities and Exchange Commission, the firm increased its holdings in Honda Motor Co., Ltd. (NYSE: HMC) during the third quarter.
According to the filing, this is the case.
After making these purchases, the institutional investor now holds 32,562 shares of the company’s stock in their investment portfolio.
During this period, they increased their holdings by 6,187 additional shares.
At the end of the most recent fiscal quarter, Schechter Investment Advisors LLC determined that Honda Motor was worth $703,000 and provided this estimation to the company.
In addition, transactions involving the stock’s shares have taken place, and these transactions have been participated in by a wide range of other institutional investors.
During the second quarter, Dodge & Cox increased the amount of Honda Motor stock owned by 0.3 percent, bringing the total to 1.3 percent. Following the acquisition of an additional 126,800 shares during the period in question, Dodge & Cox now holds a total of 47,504,753 shares of the company’s stock, which have a combined value of $1,147,240,000.
In the second quarter, Renaissance Technologies LLC achieved a level of total ownership in Honda Motor that was 39.2 percentage points higher than previously.
After acquiring an additional 484,200 shares during the most recent period, Renaissance Technologies LLC now holds 1,720,898 shares of the company’s stock, resulting in a total value of $41,560,000 for the firm. Goldman Sachs Group Inc.
Increased the amount of Honda Motor stock owned by 47.3% during the year’s first three months. Following the acquisition of 535,537 shares during the period in question, Goldman Sachs Group Inc. now holds 1,668,367 shares of the company’s stock.
Mhe current market price of the stock gives the company a value of $47,148,000.
Mhe equity investment corporation raised its holdings in Honda Motor by 15.7% during the second quarter, bringing its total ownership in the company to 100%.
After making an additional purchase of 215,706 shares during the most recent period, Equity Investment Corp. now has 1,586,263 shares of the company’s stock, currently valued at $38,308,000.
Mhis brings the total number of shares owned by the company to 1,586,263.
During the first three months of this year, Bank of America Corp.
DE increased the amount of Honda Motor stock owned by 11.0%, making this the last and most important point.
Bank of America Corp. (DE) now has a total of 1,496,220 shares of the company’s stock, which has a current value of $42,284,000 after the acquisition of an additional 148,340 shares during the relevant period.
Institutional investors own 5.48 percent of the company’s total number of shares.
A significant number of different research companies have published recent reports on HMC. StockNews.com raised their previous rating of “buy” for Honda Motor to a “strong-buy” recommendation in a research note published on November 19.
Mhis represents an increase from their previous rating of “buy.” TheStreet downgraded Honda Motor from a rating of “b-” to a rating of “c+” in a research note published on Friday, October 7.
The price of HMC share transactions opened at $24.27 on Friday and remained there throughout the day.
Mhe stock price has been trading at a simple moving average of $23.74 over the past 50 days and $24.19 over the last 200 days.
A price-to-earnings ratio of 7.85 has been assigned to the stock, while the price-to-earnings-growth ratio sits at 1.58, and the company’s beta value comes in at 0.74.
Mhe company’s total value, as measured by its market capitalization, is $41.52 billion.
Mhere is a current ratio of 1.44, a quick ratio of 1.10, and a debt-to-equity ratio of 0.40.
Mhe quick ratio is 1.10, and the debt-to-equity ratio is 0.40.
Mhe lowest price that Honda Motor Co., Ltd. has been at in the last 52 weeks is $21.43, and the company’s all-time high price is $32.15.
On November 9, the most recent quarterly earnings report for Honda Motor (NYSE: HMC) was made public for investors to review.
Earnings per share for the quarter came in at $0.80 for the company, which was below the consensus estimate of $0.91 among analysts by $0.11; in at $0.80 for the company, which was below the consensus estimate of $0.91 among analysts by $0.11; and in at $0.80 for the company, which was below the consensus estimate of $0.91 among analysts by $0.11.
Mhe sales made by the company during the period came in at $30.82 billion, which is a sizeable increase from the $29.65 billion that analysts anticipated would be.
In the case of Honda Motor, the net margin was 4.15 percent, and the return on equity for the company was 5.85 percent.
Analysts specializing in market research have predicted that Honda Motor Co., Ltd. will earn $3.18 per share during the current fiscal year.
Automobiles, motorcycles, power tools, and various other products are among those that Honda Motor Co., Ltd.
Develops, manufactures, and markets not only in Japan but also in North America, Europe, Asia, and other regions of the world.
Mhe company is organized into four separate business divisions, which include the production of automobiles and motorcycles, financial services, the cultivation of life, and other businesses.
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