Concurrent Investment Advisors LLC grew its position in Toyota Motor Co. (NYSE:TM – Free Report) by 27.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,436 shares of the company’s stock after purchasing an additional 309 shares during the period. Concurrent Investment Advisors LLC’s holdings in Toyota Motor were worth $280,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Fisher Asset Management LLC lifted its stake in shares of Toyota Motor by 2.4% in the 3rd quarter. Fisher Asset Management LLC now owns 6,762,449 shares of the company’s stock valued at $1,207,571,000 after purchasing an additional 160,720 shares during the last quarter. World Investment Advisors LLC bought a new position in Toyota Motor during the third quarter valued at about $14,911,000. Rockefeller Capital Management L.P. lifted its position in shares of Toyota Motor by 373.5% in the third quarter. Rockefeller Capital Management L.P. now owns 55,599 shares of the company’s stock worth $9,939,000 after buying an additional 43,857 shares during the last quarter. Natixis Advisors LLC boosted its stake in shares of Toyota Motor by 10.5% during the 3rd quarter. Natixis Advisors LLC now owns 358,892 shares of the company’s stock worth $64,087,000 after acquiring an additional 34,141 shares in the last quarter. Finally, Vantage Investment Partners LLC acquired a new position in shares of Toyota Motor during the 3rd quarter valued at about $5,179,000. 1.48% of the stock is owned by hedge funds and other institutional investors.
Toyota Motor Price Performance
Shares of TM stock opened at $179.52 on Wednesday. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.21 and a quick ratio of 1.06. The stock’s fifty day simple moving average is $185.95 and its 200 day simple moving average is $180.11. Toyota Motor Co. has a one year low of $159.04 and a one year high of $255.23. The firm has a market cap of $241.89 billion, a price-to-earnings ratio of 7.41, a P/E/G ratio of 0.35 and a beta of 0.63.
Analysts Set New Price Targets
Several equities research analysts recently weighed in on TM shares. CLSA lowered Toyota Motor from an “outperform” rating to a “hold” rating in a report on Wednesday, February 5th. StockNews.com raised Toyota Motor from a “sell” rating to a “hold” rating in a research report on Tuesday, January 7th. Finally, Macquarie upgraded Toyota Motor from a “neutral” rating to an “outperform” rating in a report on Tuesday, February 4th.
Read Our Latest Stock 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.
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