Published: Sun, April 22, 2018
Business | By Tara Barton

FY2018 Earnings Estimate for Honda Motor Issued By Jefferies Group (HMC)

Aperio Group LLC lifted its stake in shares of Honda Motor by 15.7% during the fourth quarter. 1,264,699 shares of the company's stock traded hands. It has underperformed by 3.07% the S&P500. After $1.11 actual earnings per share reported by Honda Motor Co., Ltd. for the previous quarter, Wall Street now forecasts -58.56% negative EPS growth. HMC's profit would be $831.94 million giving it 18.58 P/E if the $0.46 EPS is correct. The stock decreased 0.12% or $0.04 during the last trading session, reaching $34.18. HMC reached $34.22 during the last trading session after $0.42 change.Currently Honda Motor Co., uptrending after 9.48% change in last April 19, 2017. Institutional investors and hedge funds own 2.12% of the company's stock. The company operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Power Product and Other Businesses. It has a 6.28 P/E ratio. The Motorcycle Business segment produces sports models, including trial and moto-cross racing vehicles; business and commuter models; all-terrain vehicles; and side-by-side models.

Among 9 analysts covering Honda Motor Co (NYSE:HMC), 2 have Buy rating, 5 Sell and 2 Hold. The stock of Honda Motor Co., Ltd. (NYSE:HMC) earned "Sell" rating by Erste Group on Monday, April 25. Jefferies Group has a "Buy" rating and a $42.00 price target on the stock. The firm presently has a "buy" rating on the stock. Jefferies maintained the shares of C in report on Friday, July 7 with "Hold" rating. The stock has "Buy" rating by Jefferies on Tuesday, July 4. The firm earned "Buy" rating on Friday, November 10 by Jefferies. On Thursday, December 1 the stock rating was downgraded by Macquarie Research to "Neutral". The company was downgraded on Thursday, August 27 by Zacks. Zacks Investment Research cut shares of Honda Motor from a "buy" rating to a "hold" rating in a research report on Tuesday, January 2nd. Canaccord Genuity maintained the stock with "Buy" rating in Thursday, April 28 report.

Investors sentiment decreased to 1.07 in 2017 Q4. Its up 0.01, from 1.12 in 2017Q3. 39 funds opened positions while 72 raised stakes. Eaton Vance Mgmt holds 0.26% or 1.42 million shares. 2,823 were reported by Stillwater Advsr Limited Liability Corp. Argent owns 10,407 shares or 0.72% of their U.S. portfolio. Thrivent For Lutherans accumulated 1.28M shares or 0.2% of the stock. Motco holds 0.01% or 876 shares. Cap Intll Invsts reported 600,000 shares. Darsana Cap Prtn LP owns 600,000 shares for 3.89% of their portfolio. Balyasny Asset Mngmt Lc holds 2.14 million shares. Commonwealth Of Pennsylvania Public School Empls Retrmt reported 0.01% stake.

Analysts await Facebook, Inc. Three research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the company's stock. Therefore 70% are positive. Endo International plc had 92 analyst reports since August 11, 2015 according to SRatingsIntel. As per Friday, May 27, the company rating was downgraded by UBS. The rating was maintained by RBC Capital Markets on Friday, July 14 with "Hold". The firm has "Neutral" rating by BTIG Research given on Friday, April 1. The rating was maintained by Wunderlich on Wednesday, September 9 with "Sell".

Are Investors Shying Away from Electronic Arts Inc. (NASDAQ:EA)?
Old Point Trust & Financial Services N A bought 5,925 shares as the company's stock rose 4.77% while stock markets declined. As of late, investors have been taking notice of Electronic Arts Inc. 85 funds opened positions while 184 raised stakes.

Since February 27, 2018, it had 0 insider purchases, and 6 sales for $4.97 million activity. $4,708 worth of DISH Network Corporation (NASDAQ:DISH) was sold by ORBAN PAUL W.

Mondrian Investment Partners Ltd, which manages about $70.36B and $4.11 billion US Long portfolio, upped its stake in Dr Reddys Adr (NYSE:RDY) by 355,686 shares to 356,786 shares, valued at $13.40 million in 2017Q4, according to the filing.

Several other large investors also recently modified their holdings of HMC. Ishares (EEMV) was raised too.

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