Signaturefd LLC lifted its position in Toyota Motor Co. (NYSE:TM – Free Report) by 14.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 21,753 shares of the company’s stock after acquiring an additional 2,719 shares during the quarter. Signaturefd LLC’s holdings in Toyota Motor were worth $4,233,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Parallel Advisors LLC increased its stake in Toyota Motor by 18.2% in the 4th quarter. Parallel Advisors LLC now owns 5,108 shares of the company’s stock valued at $994,000 after buying an additional 788 shares during the last quarter. Gold Investment Management Ltd. grew its holdings in shares of Toyota Motor by 10.6% in the fourth quarter. Gold Investment Management Ltd. now owns 12,531 shares of the company’s stock valued at $2,439,000 after acquiring an additional 1,199 shares in the last quarter. Harbour Investments Inc. increased its position in shares of Toyota Motor by 17.9% during the fourth quarter. Harbour Investments Inc. now owns 633 shares of the company’s stock valued at $123,000 after acquiring an additional 96 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in Toyota Motor by 19.6% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 4,863 shares of the company’s stock worth $946,000 after acquiring an additional 797 shares during the period. Finally, Choate Investment Advisors purchased a new position in Toyota Motor in the fourth quarter worth $321,000. Hedge funds and other institutional investors own 1.48% of the company’s stock.
Toyota Motor Stock Up 2.0 %
TM stock opened at $186.72 on Monday. The stock has a fifty day moving average of $185.34 and a 200-day moving average of $180.51. Toyota Motor Co. has a fifty-two week low of $159.04 and a fifty-two week high of $255.23. The company has a market capitalization of $251.58 billion, a price-to-earnings ratio of 7.71, a PEG ratio of 0.35 and a beta of 0.63. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.06 and a current ratio of 1.21.
Analysts Set New Price Targets
A number of equities research analysts have recently commented on TM shares. StockNews.com upgraded Toyota Motor from a “sell” rating to a “hold” rating in a research note on Tuesday, January 7th. Macquarie upgraded shares of Toyota Motor from a “neutral” rating to an “outperform” rating in a research note on Tuesday, February 4th. Finally, CLSA lowered 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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