Norway Savings Bank bought a new stake in Toyota Motor Co. (NYSE:TM – Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 1,233 shares of the company’s stock, valued at approximately $240,000.
Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Fisher Asset Management LLC boosted its position 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 buying an additional 160,720 shares during the period. International Assets Investment Management LLC lifted its holdings in shares of Toyota Motor by 34,303.6% during the third quarter. International Assets Investment Management LLC now owns 417,660 shares of the company’s stock worth $74,582,000 after purchasing an additional 416,446 shares during the period. Natixis Advisors LLC increased its holdings in Toyota Motor by 10.5% in the third quarter. Natixis Advisors LLC now owns 358,892 shares of the company’s stock valued at $64,087,000 after purchasing an additional 34,141 shares during the period. Mediolanum International Funds Ltd bought a new position in Toyota Motor during the 3rd quarter worth $58,660,000. Finally, Stifel Financial Corp lifted its holdings in Toyota Motor by 7.3% during the 3rd quarter. Stifel Financial Corp now owns 311,483 shares of the company’s stock worth $55,632,000 after buying an additional 21,092 shares during the period. 1.48% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
Separately, StockNews.com downgraded Toyota Motor from a “hold” rating to a “sell” rating in a research report on Friday, December 27th.
Toyota Motor Trading Up 1.4 %
NYSE TM traded up $2.73 during mid-day trading on Tuesday, reaching $193.12. 383,977 shares of the stock were exchanged, compared to its average volume of 565,621. The stock has a market cap of $260.21 billion, a P/E ratio of 9.17, a P/E/G ratio of 0.31 and a beta of 0.63. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.23 and a quick ratio of 1.07. Toyota Motor Co. has a one year low of $159.04 and a one year high of $255.23. The stock has a 50 day simple moving average of $178.11 and a 200-day simple moving average of $182.71.
Toyota Motor (NYSE:TM – Get Free Report) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $2.90 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.39 by ($1.49). The business had revenue of $76.92 billion during the quarter, compared to analyst estimates of $79.78 billion. Toyota Motor had a net margin of 9.17% and a return on equity of 12.02%. On average, analysts anticipate that Toyota Motor Co. will post 21.56 EPS for the current year.
Toyota Motor Company 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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