NWQ Investment Management Company LLC lessened its position in shares of Toyota Motor Corp Ltd Ord (NYSE:TM) by 1.6% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 409,360 shares of the company’s stock after selling 6,465 shares during the period. NWQ Investment Management Company LLC’s holdings in Toyota Motor were worth $48,783,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. New York State Common Retirement Fund raised its stake in Toyota Motor by 23.9% during the second quarter. New York State Common Retirement Fund now owns 18,990 shares of the company’s stock worth $1,994,000 after buying an additional 3,659 shares during the last quarter. Bluefin Trading LLC raised its stake in Toyota Motor by 656.6% during the second quarter. Bluefin Trading LLC now owns 16,183 shares of the company’s stock worth $1,700,000 after buying an additional 14,044 shares during the last quarter. LMR Partners LLP raised its stake in Toyota Motor by 6.7% during the third quarter. LMR Partners LLP now owns 26,514 shares of the company’s stock worth $3,163,000 after buying an additional 1,664 shares during the last quarter. Assetmark Inc. raised its stake in Toyota Motor by 9.2% during the second quarter. Assetmark Inc. now owns 108,366 shares of the company’s stock worth $11,381,000 after buying an additional 9,115 shares during the last quarter. Finally, Eqis Capital Management Inc. increased its stake in Toyota Motor by 11.8% in the third quarter. Eqis Capital Management Inc. now owns 9,975 shares of the company’s stock valued at $1,189,000 after purchasing an additional 1,051 shares in the last quarter. 0.78% of the stock is owned by institutional investors and hedge funds.
Toyota Motor Corp Ltd Ord (NYSE TM) traded down $0.71 on Thursday, reaching $122.97. 95,700 shares of the company’s stock traded hands, compared to its average volume of 217,401. 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 current ratio of 1.05, a quick ratio of 0.90 and a debt-to-equity ratio of 0.56. The company has a market capitalization of $184,796.09, a P/E ratio of 10.62, a P/E/G ratio of 1.67 and a beta of 0.65.
TM has been the subject of several research analyst reports. Zacks Investment Research raised shares of Toyota Motor from a “hold” rating to a “buy” rating and set a $141.00 price target for the company in a research note on Wednesday, November 15th. Citigroup raised shares of Toyota Motor from a “neutral” rating to a “buy” rating in a research note on Wednesday, October 4th. Finally, Jefferies Group set a $116.00 price target on shares of Toyota Motor and gave the company a “hold” rating in a research note on Tuesday, August 15th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $121.74.
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Toyota Motor Company 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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