Dorsey & Whitney Trust CO LLC lessened its stake in shares of Toyota Motor Corporation (NYSE:TM – Free Report) by 12.6% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,797 shares of the company’s stock after selling 839 shares during the quarter. Dorsey & Whitney Trust CO LLC’s holdings in Toyota Motor were worth $999,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Goldman Sachs Group Inc. boosted its position in shares of Toyota Motor by 7.8% in the first quarter. Goldman Sachs Group Inc. now owns 1,124,364 shares of the company’s stock valued at $198,484,000 after acquiring an additional 81,139 shares during the period. Northern Trust Corp lifted its stake in Toyota Motor by 3.6% in the 1st quarter. Northern Trust Corp now owns 996,111 shares of the company’s stock worth $175,843,000 after purchasing an additional 34,708 shares in the last quarter. Natixis Advisors LLC boosted its holdings in Toyota Motor by 8.5% in the 1st quarter. Natixis Advisors LLC now owns 426,238 shares of the company’s stock valued at $75,244,000 after purchasing an additional 33,236 shares during the period. American Century Companies Inc. grew its position in shares of Toyota Motor by 8.7% during the 1st quarter. American Century Companies Inc. now owns 255,305 shares of the company’s stock valued at $45,069,000 after purchasing an additional 20,526 shares in the last quarter. Finally, Clark Capital Management Group Inc. increased its holdings in shares of Toyota Motor by 61.9% in 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. 1.48% of the stock is currently owned by institutional investors.
Toyota Motor Stock Performance
Shares of NYSE TM opened at $195.93 on Wednesday. The stock has a market cap of $264.00 billion, a price-to-earnings ratio of 9.45 and a beta of 0.63. The stock’s 50-day moving average is $199.61 and its 200 day moving average is $189.70. The company has a current ratio of 1.27, a quick ratio of 1.11 and a debt-to-equity ratio of 0.62. Toyota Motor Corporation has a 1-year low of $155.00 and a 1-year high of $211.24.
Analyst Upgrades and Downgrades
Several research firms recently issued reports on TM. Weiss Ratings reissued a “hold (c)” rating on shares of Toyota Motor in a research note on Wednesday, October 8th. Sanford C. Bernstein raised Toyota Motor from a “market perform” rating to an “outperform” rating in a report on Monday, August 18th. Erste Group Bank raised Toyota Motor from a “hold” rating to a “buy” rating in a report on Friday, October 31st. Zacks Research cut shares of Toyota Motor from a “hold” rating to a “strong sell” rating in a research report on Monday, October 27th. Finally, Wall Street Zen lowered shares of Toyota Motor from a “buy” rating to a “hold” rating in a research report on Sunday. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Toyota Motor has an average rating of “Hold”.
Check Out Our Latest Analysis 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.
Featured Stories
- Five stocks we like better than Toyota Motor
- Stock Dividend Cuts Happen Are You Ready?
- What’s on the Thanksgiving Table? A Stock Pick for Every Course
- Diversification Can Smooth Returns And Mitigate Portfolio Risk
- Why Home Depot’s Pain Could Be a Long-Term Investor’s Gain
- What Does a Stock Split Mean?
- Qualcomm’s Bulls Are Running Out of Room to Be Wrong
Want to see what other hedge funds are holding TM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Toyota Motor Corporation (NYSE:TM – Free Report).
Receive News & Ratings for Toyota Motor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Toyota Motor and related companies with MarketBeat.com's FREE daily email newsletter.
