Y Intercept Hong Kong Ltd bought a new stake in Toyota Motor Co. (NYSE:TM – Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 30,415 shares of the company’s stock, valued at approximately $5,919,000.
Other institutional investors have also recently made changes to their positions in the company. Highline Wealth Partners LLC acquired a new position in shares of Toyota Motor in the third quarter worth $27,000. Modus Advisors LLC acquired a new position in Toyota Motor during the 4th quarter worth $31,000. Trust Co. of Vermont grew its stake in Toyota Motor by 113.3% during the 4th quarter. Trust Co. of Vermont now owns 160 shares of the company’s stock worth $31,000 after purchasing an additional 85 shares in the last quarter. Roxbury Financial LLC acquired a new position in Toyota Motor during the 4th quarter worth $41,000. Finally, Newbridge Financial Services Group Inc. acquired a new position in shares of Toyota Motor during the fourth quarter worth about $42,000. Institutional investors and hedge funds own 1.48% of the company’s stock.
Toyota Motor Trading Down 2.0 %
NYSE:TM opened at $177.16 on Monday. The stock has a 50-day simple moving average of $185.78 and a 200-day simple moving average of $179.98. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.06 and a current ratio of 1.21. The stock has a market cap of $238.70 billion, a P/E ratio of 7.31, a P/E/G ratio of 0.35 and a beta of 0.63. Toyota Motor Co. has a 1 year low of $159.04 and a 1 year high of $255.23.
Analysts Set New Price Targets
A number of brokerages have recently commented on TM. StockNews.com raised Toyota Motor from a “sell” rating to a “hold” rating in a research report on Tuesday, January 7th. Macquarie upgraded shares of Toyota Motor from a “neutral” rating to an “outperform” rating in a report on Tuesday, February 4th. Finally, CLSA downgraded shares of Toyota Motor from an “outperform” rating to a “hold” rating in a research note on Wednesday, February 5th.
About Toyota Motor
Toyota Motor Corporation designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories in Japan, North America, Europe, Asia, Central and South America, Oceania, Africa, and the Middle East. It operates in Automotive, Financial Services, and All Other segments.
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