Jarislowsky Fraser Ltd Has $7.04 Million Stake in Toyota Motor Corp Ltd Ord (TM)

Jarislowsky Fraser Ltd reduced its stake in Toyota Motor Corp Ltd Ord (NYSE:TM) by 11.8% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 59,056 shares of the company’s stock after selling 7,930 shares during the quarter. Jarislowsky Fraser Ltd’s holdings in Toyota Motor Corp Ltd Ord were worth $7,037,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Sei Investments Co. boosted its position in shares of Toyota Motor Corp Ltd Ord by 1.9% in the 3rd quarter. Sei Investments Co. now owns 201,566 shares of the company’s stock worth $24,020,000 after purchasing an additional 3,730 shares in the last quarter. FDx Advisors Inc. boosted its position in shares of Toyota Motor Corp Ltd Ord by 34.2% in the 3rd quarter. FDx Advisors Inc. now owns 3,048 shares of the company’s stock worth $363,000 after purchasing an additional 777 shares in the last quarter. Tradition Capital Management LLC bought a new stake in shares of Toyota Motor Corp Ltd Ord in the 3rd quarter worth approximately $2,215,000. Advisor Partners LLC bought a new stake in shares of Toyota Motor Corp Ltd Ord in the 3rd quarter worth approximately $365,000. Finally, Smith Salley & Associates bought a new stake in shares of Toyota Motor Corp Ltd Ord in the 3rd quarter worth approximately $225,000. 0.84% of the stock is currently owned by hedge funds and other institutional investors.

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TM has been the topic of a number of analyst reports. Citigroup Inc. raised Toyota Motor Corp Ltd Ord from a “neutral” rating to a “buy” rating in a research report on Wednesday, October 4th. Zacks Investment Research cut Toyota Motor Corp Ltd Ord from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 17th. BidaskClub cut Toyota Motor Corp Ltd Ord from a “hold” rating to a “sell” rating in a research report on Tuesday, July 25th. Finally, Jefferies Group LLC set a $116.00 price objective on Toyota Motor Corp Ltd Ord and gave the company a “hold” rating in a research report on Tuesday, August 15th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $115.07.

Toyota Motor Corp Ltd Ord (NYSE:TM) opened at $125.36 on Tuesday. The stock has a market capitalization of $186,006.36, a P/E ratio of 10.69, a P/E/G ratio of 1.91 and a beta of 0.63. Toyota Motor Corp Ltd Ord has a 12-month low of $103.62 and a 12-month high of $128.11. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.05 and a quick ratio of 0.90.

About Toyota Motor Corp Ltd Ord

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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Institutional Ownership by Quarter for Toyota Motor Corp Ltd Ord (NYSE:TM)

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