Shares of Honda Motor Company, Ltd. (NYSE:HMC) have earned an average rating of “Hold” from the seven ratings firms that are presently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $33.18.

Several research analysts have issued reports on HMC shares. Zacks Investment Research cut Honda Motor from a “hold” rating to a “sell” rating in a research report on Tuesday, June 27th. TheStreet upgraded Honda Motor from a “c+” rating to a “b-” rating in a research report on Friday, April 28th. BidaskClub cut Honda Motor from a “sell” rating to a “strong sell” rating in a research report on Thursday, June 22nd. J P Morgan Chase & Co cut Honda Motor from an “overweight” rating to a “neutral” rating in a research report on Wednesday, July 5th. Finally, Jefferies Group LLC reiterated a “buy” rating and issued a $35.00 price objective on shares of Honda Motor in a research report on Friday, May 26th.

Honda Motor (HMC) traded down 0.3799% during midday trading on Tuesday, reaching $27.6147. 94,106 shares of the company were exchanged. Honda Motor has a 52-week low of $26.42 and a 52-week high of $32.17. The company has a 50 day moving average of $27.87 and a 200-day moving average of $29.61. The company has a market capitalization of $49.77 billion, a price-to-earnings ratio of 9.0421 and a beta of 1.01.

Honda Motor (NYSE:HMC) last released its quarterly earnings data on Friday, April 28th. The company reported $0.47 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.21 by $0.26. The firm had revenue of $3,763.40 billion during the quarter, compared to analysts’ expectations of $3,670.98 billion. Honda Motor had a return on equity of 8.54% and a net margin of 4.44%. Honda Motor’s revenue was up 2.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($51.85) earnings per share. On average, equities research analysts anticipate that Honda Motor will post $2.76 earnings per share for the current fiscal year.

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Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Kempner Capital Management Inc. boosted its position in shares of Honda Motor by 6.3% in the first quarter. Kempner Capital Management Inc. now owns 122,757 shares of the company’s stock worth $3,715,000 after buying an additional 7,232 shares in the last quarter. Two Sigma Investments LP boosted its position in shares of Honda Motor by 513.6% in the fourth quarter. Two Sigma Investments LP now owns 49,782 shares of the company’s stock worth $1,453,000 after buying an additional 41,669 shares in the last quarter. Nicholas Hoffman & Company LLC. boosted its position in shares of Honda Motor by 13.4% in the first quarter. Nicholas Hoffman & Company LLC. now owns 27,480 shares of the company’s stock worth $832,000 after buying an additional 3,240 shares in the last quarter. Sei Investments Co. boosted its position in shares of Honda Motor by 10.2% in the first quarter. Sei Investments Co. now owns 67,645 shares of the company’s stock worth $2,047,000 after buying an additional 6,252 shares in the last quarter. Finally, Level Four Advisory Services LLC boosted its position in shares of Honda Motor by 5.2% in the first quarter. Level Four Advisory Services LLC now owns 17,040 shares of the company’s stock worth $504,000 after buying an additional 835 shares in the last quarter. Hedge funds and other institutional investors own 2.56% of the company’s stock.

About Honda Motor

Honda Motor Co, Ltd. (Honda) develops, manufactures and markets motorcycles, automobiles and power products across the world. The Company’s segments include Motorcycle Business, Automobile business, Financial services business, and Power product and other businesses. The Company produces a range of motorcycles, with engine displacement ranging from the 50 cubic centimeters class to the 1,800 cubic centimeters class.

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