QRG Capital Management Inc. Purchases 6,734 Shares of Toyota Motor Co. (NYSE:TM)

QRG Capital Management Inc. raised its position in shares of Toyota Motor Co. (NYSE:TM) by 8.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 88,003 shares of the company’s stock after purchasing an additional 6,734 shares during the period. QRG Capital Management Inc.’s holdings in Toyota Motor were worth $17,126,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of TM. Fisher Asset Management LLC raised its position in shares of Toyota Motor by 2.4% in the 3rd quarter. Fisher Asset Management LLC now owns 6,762,449 shares of the company’s stock worth $1,207,571,000 after acquiring an additional 160,720 shares in the last quarter. Natixis Advisors LLC raised its position in shares of Toyota Motor by 10.5% in the 3rd quarter. Natixis Advisors LLC now owns 358,892 shares of the company’s stock worth $64,087,000 after acquiring an additional 34,141 shares in the last quarter. Stifel Financial Corp raised its position in shares of Toyota Motor by 7.3% in the 3rd quarter. Stifel Financial Corp now owns 311,483 shares of the company’s stock worth $55,632,000 after acquiring an additional 21,092 shares in the last quarter. Martin Investment Management LLC grew its stake in Toyota Motor by 2.3% during the 3rd quarter. Martin Investment Management LLC now owns 120,654 shares of the company’s stock worth $21,545,000 after buying an additional 2,690 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. grew its stake in Toyota Motor by 14.1% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 100,714 shares of the company’s stock worth $17,984,000 after buying an additional 12,467 shares during the last quarter. 1.48% of the stock is owned by institutional investors.

Toyota Motor Stock Up 0.7 %

Toyota Motor stock opened at $182.39 on Friday. 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 business’s 50-day simple moving average is $186.28 and its two-hundred day simple moving average is $180.13. The company has a market cap of $245.76 billion, a PE ratio of 7.53, a PEG ratio of 0.35 and a beta of 0.63. Toyota Motor Co. has a fifty-two week low of $159.04 and a fifty-two week high of $255.23.

Toyota Motor (NYSE:TM) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $9.98 earnings per share for the quarter, beating the consensus estimate of $4.36 by $5.62. Toyota Motor had a return on equity of 14.00% and a net margin of 10.86%. Equities analysts anticipate that Toyota Motor Co. will post 19.76 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. StockNews.com upgraded Toyota Motor from a “sell” rating to a “hold” rating in a research note on Tuesday, January 7th. Macquarie upgraded Toyota Motor from a “neutral” rating to an “outperform” rating in a research note on Tuesday, February 4th. Finally, CLSA downgraded Toyota Motor from an “outperform” rating to a “hold” rating in a research note on Wednesday, February 5th.

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.