BankPlus Trust Department purchased a new position in Toyota Motor Co. (NYSE:TM – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 300 shares of the company’s stock, valued at approximately $58,000.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Fisher Asset Management LLC boosted its stake in Toyota Motor by 2.4% during the 3rd quarter. Fisher Asset Management LLC now owns 6,762,449 shares of the company’s stock worth $1,207,571,000 after purchasing an additional 160,720 shares during the last quarter. World Investment Advisors LLC acquired a new stake in Toyota Motor during the 3rd quarter worth $14,911,000. Rockefeller Capital Management L.P. boosted its stake in Toyota Motor by 373.5% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 55,599 shares of the company’s stock worth $9,939,000 after purchasing an additional 43,857 shares during the last quarter. Natixis Advisors LLC boosted its stake in Toyota Motor by 10.5% during the 3rd quarter. Natixis Advisors LLC now owns 358,892 shares of the company’s stock worth $64,087,000 after purchasing an additional 34,141 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new stake in Toyota Motor during the 4th quarter worth $5,919,000. Hedge funds and other institutional investors own 1.48% of the company’s stock.
Toyota Motor Trading Up 1.6 %
Shares of TM stock opened at $179.52 on Wednesday. The company’s 50-day moving average price is $185.95 and its 200-day moving average price is $180.11. The company has a current ratio of 1.21, a quick ratio of 1.06 and a debt-to-equity ratio of 0.64. The stock has a market cap of $241.89 billion, a price-to-earnings ratio of 7.41, a PEG ratio of 0.35 and a beta of 0.63. Toyota Motor Co. has a twelve month low of $159.04 and a twelve month high of $255.23.
Analysts Set New Price Targets
Several equities research analysts have issued reports on TM shares. Macquarie raised shares of Toyota Motor from a “neutral” rating to an “outperform” rating in a research note on Tuesday, February 4th. CLSA cut shares of Toyota Motor from an “outperform” rating to a “hold” rating in a research note on Wednesday, February 5th. Finally, StockNews.com raised shares of Toyota Motor from a “sell” rating to a “hold” rating in a research report on Tuesday, January 7th.
Toyota Motor Profile
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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