Gradient Investments LLC increased its holdings in Toyota Motor Corp (NYSE:TM) by 26.5% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 13,062 shares of the company’s stock after buying an additional 2,733 shares during the quarter. Gradient Investments LLC’s holdings in Toyota Motor were worth $1,661,000 at the end of the most recent reporting period.
Other institutional investors have also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP lifted its position in shares of Toyota Motor by 12.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 939,123 shares of the company’s stock valued at $111,915,000 after buying an additional 107,326 shares in the last quarter. Parametric Portfolio Associates LLC lifted its position in shares of Toyota Motor by 15.3% during the 3rd quarter. Parametric Portfolio Associates LLC now owns 687,916 shares of the company’s stock valued at $81,979,000 after buying an additional 91,304 shares in the last quarter. Aperio Group LLC lifted its position in shares of Toyota Motor by 7.3% during the 4th quarter. Aperio Group LLC now owns 449,413 shares of the company’s stock valued at $57,152,000 after buying an additional 30,496 shares in the last quarter. Sei Investments Co. lifted its position in shares of Toyota Motor by 1.9% during the 3rd quarter. Sei Investments Co. now owns 201,566 shares of the company’s stock valued at $24,020,000 after buying an additional 3,730 shares in the last quarter. Finally, Crossmark Global Holdings Inc. purchased a new position in shares of Toyota Motor during the 3rd quarter valued at about $23,842,000. Institutional investors and hedge funds own 0.78% of the company’s stock.
A number of research analysts have recently weighed in on TM shares. Zacks Investment Research raised Toyota Motor from a “hold” rating to a “buy” rating and set a $153.00 price objective on the stock in a research report on Friday, January 12th. ValuEngine raised Toyota Motor from a “buy” rating to a “strong-buy” rating in a report on Wednesday, February 7th. Finally, Macquarie raised Toyota Motor from a “neutral” rating to an “outperform” rating in a report on Tuesday, February 6th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. Toyota Motor has a consensus rating of “Hold” and an average price target of $125.74.
Shares of Toyota Motor Corp (TM) traded up $0.92 on Monday, hitting $136.20. The stock had a trading volume of 158,600 shares, compared to its average volume of 239,603. The stock has a market cap of $200,098.36, a PE ratio of 11.69, a price-to-earnings-growth ratio of 1.73 and a beta of 0.71. Toyota Motor Corp has a twelve month low of $103.62 and a twelve month high of $140.99. The company has a quick ratio of 0.90, a current ratio of 1.04 and a debt-to-equity ratio of 0.53.
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Toyota Motor Profile
Toyota Motor Corporation (Toyota) conducts business in the automotive industry. The Company also conducts business in finance and other industries. The Company’s segments include Automotive, Financial Services and All Other. Toyota sells its vehicles in approximately 190 countries and regions. Toyota’s markets for its automobiles are Japan, North America, Europe and Asia.
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