Fox Run Management L.L.C. increased its stake in shares of Toyota Motor Corporation (NYSE:TM – Free Report) by 323.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,379 shares of the company’s stock after buying an additional 4,109 shares during the quarter. Fox Run Management L.L.C.’s holdings in Toyota Motor were worth $927,000 at the end of the most recent quarter.
A number of other hedge funds also recently added to or reduced their stakes in TM. Clark Capital Management Group Inc. increased its position in Toyota Motor by 61.9% in the 1st quarter. Clark Capital Management Group Inc. now owns 224,583 shares of the company’s stock valued at $39,646,000 after acquiring an additional 85,835 shares during the period. Goldman Sachs Group Inc. grew its stake 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 worth $198,484,000 after purchasing an additional 81,139 shares in the last quarter. Northern Trust Corp increased its holdings in shares of Toyota Motor by 3.6% during the first quarter. Northern Trust Corp now owns 996,111 shares of the company’s stock valued at $175,843,000 after purchasing an additional 34,708 shares during the period. Natixis Advisors LLC raised its stake in shares of Toyota Motor by 8.5% during the first 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 in the last quarter. Finally, Vantage Investment Partners LLC lifted its holdings in Toyota Motor by 53.2% in the second quarter. Vantage Investment Partners LLC now owns 85,781 shares of the company’s stock worth $14,777,000 after purchasing an additional 29,802 shares during the period. 1.48% of the stock is currently owned by institutional investors.
Toyota Motor Price Performance
TM stock opened at $202.02 on Monday. Toyota Motor Corporation has a one year low of $155.00 and a one year high of $211.24. The firm has a 50-day moving average of $198.84 and a two-hundred day moving average of $189.11. The firm has a market capitalization of $272.20 billion, a PE ratio of 9.74 and a beta of 0.63. The company has a current ratio of 1.27, a quick ratio of 1.11 and a debt-to-equity ratio of 0.62.
Wall Street Analysts Forecast Growth
TM has been the topic of several recent analyst reports. Zacks Research cut Toyota Motor from a “hold” rating to a “strong sell” rating in a report on Monday, October 27th. Wall Street Zen raised Toyota Motor from a “hold” rating to a “buy” rating in a research note on Saturday. Weiss Ratings restated a “hold (c)” rating on shares of Toyota Motor in a report on Wednesday, October 8th. Erste Group Bank raised Toyota Motor from a “hold” rating to a “buy” rating in a report on Friday, October 31st. Finally, Sanford C. Bernstein raised shares of Toyota Motor from a “market perform” rating to an “outperform” rating in a report on Monday, August 18th. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold”.
Read Our Latest Report on Toyota Motor
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.
See Also
- Five stocks we like better than Toyota Motor
- What is the Nasdaq? Complete Overview with History
- 3 Big Earnings Misses: Is It Time to Buy the Dip?
- Financial Services Stocks Investing
- Is Robinhood’s 11% Post-Earnings Fall a Buy-the-Dip Opportunity?
- Canadian Penny Stocks: Can They Make You Rich?
- AI Demand Is Coming—Is Microchip Technology Ready?
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.
