Mitsubishi UFJ Asset Management Co. Ltd. Decreases Holdings in Toyota Motor Corporation $TM

Mitsubishi UFJ Asset Management Co. Ltd. lowered its stake in Toyota Motor Corporation (NYSE:TMFree Report) by 27.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,717 shares of the company’s stock after selling 3,372 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Toyota Motor were worth $1,502,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. AlphaCore Capital LLC bought a new stake in shares of Toyota Motor in the 1st quarter valued at approximately $37,000. NewSquare Capital LLC raised its holdings in Toyota Motor by 65.7% during the 2nd quarter. NewSquare Capital LLC now owns 227 shares of the company’s stock valued at $39,000 after buying an additional 90 shares during the period. Headlands Technologies LLC bought a new stake in Toyota Motor in the first quarter worth $47,000. Caitong International Asset Management Co. Ltd lifted its position in Toyota Motor by 56.3% in the first quarter. Caitong International Asset Management Co. Ltd now owns 272 shares of the company’s stock worth $48,000 after buying an additional 98 shares during the last quarter. Finally, Westside Investment Management Inc. boosted its stake in Toyota Motor by 83.8% during the second quarter. Westside Investment Management Inc. now owns 340 shares of the company’s stock worth $58,000 after buying an additional 155 shares during the period. 1.48% of the stock is currently owned by hedge funds and other institutional investors.

Toyota Motor Price Performance

Shares of TM stock opened at $203.31 on Friday. The company has a market capitalization of $273.95 billion, a P/E ratio of 9.80 and a beta of 0.63. The company’s 50-day simple moving average is $199.69 and its two-hundred day simple moving average is $189.58. Toyota Motor Corporation has a one year low of $155.00 and a one year high of $211.24. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.27 and a quick ratio of 1.11.

Toyota Motor (NYSE:TMGet Free Report) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $4.85 earnings per share for the quarter, beating the consensus estimate of $3.36 by $1.49. Toyota Motor had a net margin of 8.77% and a return on equity of 11.63%. The firm had revenue of $80.69 billion during the quarter, compared to the consensus estimate of $79.06 billion. Toyota Motor has set its FY 2026 guidance at 15.249-15.249 EPS. As a group, equities analysts anticipate that Toyota Motor Corporation will post 19.76 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on TM shares. Wall Street Zen upgraded shares of Toyota Motor from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Zacks Research downgraded shares of Toyota Motor from a “hold” rating to a “strong sell” rating in a research note on Monday, October 27th. Sanford C. Bernstein upgraded Toyota Motor from a “market perform” rating to an “outperform” rating in a research report on Monday, August 18th. Erste Group Bank upgraded Toyota Motor from a “hold” rating to a “buy” rating in a report on Friday, October 31st. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Toyota Motor in a research note on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold”.

Check Out Our Latest Stock Analysis on Toyota Motor

Toyota Motor Company Profile

(Free Report)

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

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

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