Connor Clark & Lunn Investment Management Ltd. Has $25.55 Million Position in Toyota Motor Co. (NYSE:TM)

Connor Clark & Lunn Investment Management Ltd. raised its holdings in Toyota Motor Co. (NYSE:TM) by 30.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 131,290 shares of the company’s stock after buying an additional 30,576 shares during the period. Connor Clark & Lunn Investment Management Ltd.’s holdings in Toyota Motor were worth $25,550,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Stifel Financial Corp increased its stake in Toyota Motor by 7.3% in the 3rd quarter. Stifel Financial Corp now owns 311,483 shares of the company’s stock valued at $55,632,000 after buying an additional 21,092 shares during the last quarter. Fisher Asset Management LLC increased its stake in shares of Toyota Motor by 2.4% during the 3rd quarter. Fisher Asset Management LLC now owns 6,762,449 shares of the company’s stock worth $1,207,571,000 after purchasing an additional 160,720 shares during the last quarter. Atom Investors LP acquired a new position in shares of Toyota Motor during the 3rd quarter worth about $841,000. FNY Investment Advisers LLC acquired a new position in shares of Toyota Motor during the 4th quarter worth about $1,167,000. Finally, Strategic Financial Concepts LLC acquired a new position in shares of Toyota Motor during the 4th quarter worth about $2,140,000. 1.48% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TM has been the topic of several recent analyst reports. CLSA lowered shares of Toyota Motor from an “outperform” rating to a “hold” rating in a research note on Wednesday, February 5th. Macquarie upgraded shares of Toyota Motor from a “neutral” rating to an “outperform” rating in a research note on Tuesday, February 4th. Finally, StockNews.com upgraded shares of Toyota Motor from a “sell” rating to a “hold” rating in a research note on Tuesday, January 7th.

Toyota Motor Stock Up 0.8 %

Shares of TM opened at $185.92 on Thursday. Toyota Motor Co. has a 52 week low of $159.04 and a 52 week high of $255.23. The firm has a market cap of $250.51 billion, a P/E ratio of 7.68, a price-to-earnings-growth ratio of 0.35 and a beta of 0.63. The firm’s 50-day simple moving average is $185.72 and its 200 day simple moving average is $180.54. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.06 and a current ratio of 1.21.

Toyota Motor (NYSE:TM) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $9.98 EPS for the quarter, beating analysts’ consensus estimates of $4.36 by $5.62. Toyota Motor had a net margin of 10.86% and a return on equity of 14.00%. On average, analysts forecast that Toyota Motor Co. will post 19.76 earnings per share for the current year.

Toyota Motor Profile

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.