Smartleaf Asset Management LLC boosted its stake in shares of Toyota Motor Co. (NYSE:TM – Free Report) by 142.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 4,364 shares of the company’s stock after purchasing an additional 2,563 shares during the quarter. Smartleaf Asset Management LLC’s holdings in Toyota Motor were worth $854,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in TM. Stifel Financial Corp grew its position in shares of Toyota Motor by 7.3% in the third quarter. Stifel Financial Corp now owns 311,483 shares of the company’s stock valued at $55,632,000 after purchasing an additional 21,092 shares during the last quarter. Fisher Asset Management LLC grew its position in shares of Toyota Motor by 2.4% in the third quarter. Fisher Asset Management LLC now owns 6,762,449 shares of the company’s stock valued at $1,207,571,000 after purchasing an additional 160,720 shares during the last quarter. Atom Investors LP acquired a new stake in shares of Toyota Motor in the third quarter valued at approximately $841,000. Strategic Financial Concepts LLC acquired a new stake in shares of Toyota Motor in the fourth quarter valued at approximately $2,140,000. Finally, FNY Investment Advisers LLC acquired a new stake in shares of Toyota Motor in the fourth quarter valued at approximately $1,167,000. 1.48% of the stock is currently owned by institutional investors and hedge funds.
Toyota Motor Stock Performance
Shares of TM opened at $183.84 on Tuesday. 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 company has a market capitalization of $247.71 billion, a price-to-earnings ratio of 7.59, a PEG ratio of 0.35 and a beta of 0.63. The company’s 50 day simple moving average is $186.41 and its 200 day simple moving average is $180.32. Toyota Motor Co. has a 1 year low of $159.04 and a 1 year high of $255.23.
Analysts Set New Price Targets
Several analysts have recently commented on TM shares. CLSA lowered shares of Toyota Motor from an “outperform” rating to a “hold” rating in a research report on Wednesday, February 5th. Macquarie upgraded shares of Toyota Motor from a “neutral” rating to an “outperform” rating in a research report on Tuesday, February 4th. Finally, StockNews.com upgraded shares of Toyota Motor from a “sell” rating to a “hold” rating in a research report on Tuesday, January 7th.
Check Out Our Latest Report on TM
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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