Honda Motor Company shares had a trading volume of 2,242K in the last trading session. Overall, volume was up 194.41% over the stocks normal daily volume.
Traders are a little more bearish on shares of Honda Motor Company if you take into consideration the uptick in short interest. The company saw a rise in short interest of 24.20% between October 13, 2017 and October 31, 2017. Short interest increased 152,220 over that period. With short interest at 781,231 and short average daily volume at 494,627, days to cover is 2.0 and the percentage of shorted shares was 0.00% on October 31.
Here are a few substantial investment firms who have updated their positions. Thomas White International Ltd cut its ownership by selling 16,252 shares a decrease of 11.6% from 06/30/2017 to 09/30/2017. Thomas White International Ltd claims 123,739 shares valued at $3,658,000. The total value of its holdings decreased 4.6%. As of quarter end Dimensional Fund Advisors Lp had bought 2,000 shares growing its holdings by 0.3%. The value of the company’s investment in Honda Motor Company went from $19,238,000 to $20,821,000 a change of 8.2% for the reporting period.
Greenleaf Trust trimmed its position by shedding 4,360 shares a decrease of 15.1%. Greenleaf Trust owns 24,444 shares with a value of $723,000. The value of the position overall is down by 8.4%. Raymond James & Associates expanded its stake by buying 64,491 shares an increase of 20.7% in the quarter. Raymond James & Associates now controls 375,743 shares worth $11,107,000. The value of the position overall is up by 30.3%.
October 13 investment analysts at Jefferies Group LLC maintained a company rating of “Buy” with a current price target of $36.36.
Equity analyst Jefferies Group LLC released research on HMC stating a rating of “Buy” and projecting a price target of $35.00.
In the market the company is trading down by 1.42% percent from yesterday’s close. The P/E ratio is 10.14 and market capitalization is 58.33B. In the last earnings report the EPS was $3.16 with 1.79B shares outstanding.
Honda Motor Co., Ltd. (Honda), launched on October 24, 1948, develops, manufactures and markets motorcycles, automobiles and power products across the world. The Business’s segments include Motorcycle Business, Automobile business, Financial services business, and Power product and other businesses. Honda conducts its operations in Japan and around the world, including North America, Europe and Asia. Honda markets its products through a sales network of independent local dealers. Its motorcycles are distributed through outlets, including PRO’S shops and Honda Dream authorized dealerships. Its automobiles and power products are distributed in Japan through retail dealers. Its manufacturing facilities are located in Japan, the United States, Canada, Mexico, the United Kingdom, Turkey, Italy, France, China, India, Indonesia, Malaysia, Thailand, Vietnam, Argentina and Brazil..