LMR Partners LLP bought a new stake in shares of Honda Motor during the 3rd quarter worth $1,037,000.
Shares of HMC stock traded up $0.04 during trading hours on Friday, reaching $34.98. Wetherby Asset Management Inc. now owns 30,368 shares of the company's stock valued at $1,035,000 after purchasing an additional 1,661 shares during the last quarter.
Several other large investors also recently added to or reduced their stakes in the company.
Honda Motor (NYSE:HMC) last posted its earnings results on Friday, February 2nd. Balentine LLC now owns 5,397 shares of the company's stock valued at $137,000 after buying an additional 297 shares during the period. Zacks Investment Research upgraded shares of Honda Motor from a "sell" rating to a "hold" rating in a report on Tuesday, January 23rd. Two Sigma Advisers LP bought a new stake in Honda Motor during the 4th quarter worth about $481,000. After $1.11 earnings per share was revealed last quarter, analysts now see negative EPS growth of -56.76 % for Honda Motor Co., Ltd. UBS upgraded shares of Honda Motor from a "neutral" rating to a "buy" rating in a report on Tuesday, March 27th. JPMorgan Chase raised shares of Honda Motor from a "neutral" rating to an "overweight" rating in a research note on Thursday, February 15th. During the same quarter in the prior year, the firm posted $93.67 earnings per share.
Jefferies Group LLC set a $37.00 price objective on Honda Motor Company, Ltd. (NYSE:HMC) in a research note published on Thursday morning. Finally, ValuEngine upgraded Honda Motor from a "buy" rating to a "strong-buy" rating in a report on Wednesday, March 7th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, five have given a buy rating and one has given a strong buy rating to the company's stock. Honda Motor has a consensus rating of "Buy" and a consensus target price of $40.50.
COPYRIGHT VIOLATION WARNING: "Raymond James & Associates Purchases 17,467 Shares of Honda Motor (NYSE:HMC)" was first reported by Week Herald and is owned by of Week Herald. HMC's profit could reach $859.40 million if the current earnings per share of $0.48 is accurate. Analysts expect change of 2.13 % or $0.01 from previous year's $0.47 earnings per share compared to current's $0.48 earnings per share. If you are viewing this article on another domain, it was illegally copied and reposted in violation of USA and worldwide copyright & trademark legislation. The firm operates through four divisions: Motorcycle Business, Automobile Business, Financial Services Business, and Power Product and Other Businesses.6.42 is the P/E ratio.