Baker Ellis Asset Management LLC Purchases 7,100 Shares of Honda Motor Co., Ltd. (NYSE:HMC)

Baker Ellis Asset Management LLC raised its position in shares of Honda Motor Co., Ltd. (NYSE:HMC – Get Rating) by 78.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 16,150 shares of the company’s stock after purchasing an additional 7,100 shares during the period. Baker Ellis Asset Management LLC’s holdings in Honda Motor were worth $456,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Nisa Investment Advisors LLC boosted its holdings in shares of Honda Motor by 393.9% in the fourth quarter. Nisa Investment Advisors LLC now owns 884 shares of the company’s stock worth $26,000 after acquiring an additional 705 shares during the period. CWM LLC boosted its holdings in shares of Honda Motor by 120.1% in the first quarter. CWM LLC now owns 1,347 shares of the company’s stock worth $38,000 after acquiring an additional 735 shares during the period. Prospera Financial Services Inc bought a new position in shares of Honda Motor in the first quarter worth $39,000. Johnson Financial Group Inc. bought a new position in shares of Honda Motor in the fourth quarter worth $41,000. Finally, Bank of New Hampshire bought a new position in shares of Honda Motor in the first quarter worth $51,000.

Honda Motor Trading Up 0.5 %

NYSE HMC opened at $25.39 on Thursday. The stock’s 50-day simple moving average is $24.78 and its two-hundred day simple moving average is $27.03. Honda Motor Co., Ltd. has a twelve month low of $23.21 and a twelve month high of $33.42. The company has a quick ratio of 1.15, a current ratio of 1.47 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $43.43 billion, a price-to-earnings ratio of 6.90, a PEG ratio of 0.59 and a beta of 0.68.

Honda Motor (NYSE:HMC – Get Rating) last released its quarterly earnings results on Friday, May 13th. The company reported $0.63 earnings per share for the quarter, beating analysts’ consensus estimates of $0.57 by $0.06. Honda Motor had a return on equity of 7.02% and a net margin of 4.88%. The business had revenue of $33.36 billion for the quarter, compared to the consensus estimate of $33.18 billion. Research analysts forecast that Honda Motor Co., Ltd. will post 3.47 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. TheStreet lowered Honda Motor from a “b” rating to a “c+” rating in a report on Monday, June 13th. Jefferies Financial Group lifted their price objective on Honda Motor from $30.83 to $31.51 and gave the company a “buy” rating in a research note on Thursday, July 7th. Finally, StockNews.com raised Honda Motor from a “buy” rating to a “strong-buy” rating in a research note on Friday, July 15th. Two analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Honda Motor presently has a consensus rating of “Moderate Buy” and an average target price of $31.51.

Honda Motor Profile

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Honda Motor Co, Ltd. develops, manufactures, and distributes motorcycles, automobiles, power products, and other products in Japan, North America, Europe, Asia, and internationally. It operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Life Creation and Other Businesses.