Brian Low Financial Group LLC acquired a new position in shares of Toyota Motor Corporation (NYSE:TM – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,397 shares of the company’s stock, valued at approximately $649,000.
Other large investors have also recently modified their holdings of the company. Orion Porfolio Solutions LLC increased its holdings in shares of Toyota Motor by 717.3% during the second quarter. Orion Porfolio Solutions LLC now owns 145,990 shares of the company’s stock worth $25,148,000 after buying an additional 128,128 shares in the last quarter. Fisher Asset Management LLC boosted its position in Toyota Motor by 1.7% during the second quarter. Fisher Asset Management LLC now owns 6,827,634 shares of the company’s stock valued at $1,176,128,000 after acquiring an additional 112,905 shares during the last quarter. Clark Capital Management Group Inc. grew its stake in Toyota Motor by 61.9% during the first quarter. Clark Capital Management Group Inc. now owns 224,583 shares of the company’s stock worth $39,646,000 after purchasing an additional 85,835 shares during the period. Balyasny Asset Management L.P. grew its position in shares of Toyota Motor by 118.3% during the 2nd quarter. Balyasny Asset Management L.P. now owns 152,471 shares of the company’s stock worth $26,265,000 after buying an additional 82,617 shares during the period. Finally, Goldman Sachs Group Inc. grew its holdings in Toyota Motor by 7.8% in the first quarter. Goldman Sachs Group Inc. now owns 1,124,364 shares of the company’s stock worth $198,484,000 after purchasing an additional 81,139 shares during the period. Institutional investors and hedge funds own 1.48% of the company’s stock.
Toyota Motor Stock Up 0.1%
Shares of NYSE:TM opened at $216.89 on Friday. The stock’s 50-day moving average is $204.67 and its 200 day moving average is $193.20. Toyota Motor Corporation has a 1 year low of $155.00 and a 1 year high of $220.56. The company has a market cap of $292.24 billion, a PE ratio of 9.56 and a beta of 0.67. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.25 and a quick ratio of 1.10.
Analyst Upgrades and Downgrades
TM has been the subject of several recent research reports. Weiss Ratings restated a “hold (c)” rating on shares of Toyota Motor in a report on Wednesday, October 8th. Wall Street Zen downgraded Toyota Motor from a “buy” rating to a “hold” rating in a research note on Sunday, November 16th. Zacks Research lowered shares of Toyota Motor from a “hold” rating to a “strong sell” rating in a research report on Monday, October 27th. Finally, Erste Group Bank raised Toyota Motor from a “hold” rating to a “buy” rating in a research report on Friday, October 31st. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold”.
Get Our Latest Stock Analysis on Toyota Motor
About Toyota Motor
Toyota Motor Corporation is a global automotive manufacturer headquartered in Toyota City, Aichi, Japan. Founded in 1937 by Kiichiro Toyoda as an offshoot of Toyoda Automatic Loom Works, the company builds and sells a broad range of vehicles and related products under the Toyota and Lexus brands. Toyota’s operations encompass vehicle design, manufacturing, parts supply, and distribution through a worldwide dealer network, as well as complementary businesses such as vehicle financing and mobility services.
The company’s product lineup includes passenger cars, SUVs, pickup trucks, light commercial vehicles and heavy-duty commercial vehicles, along with engines and vehicle components.
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