LMR Partners LLP raised its position in shares of Toyota Motor Corp Ltd Ord (NYSE:TM) by 6.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 26,514 shares of the company’s stock after purchasing an additional 1,664 shares during the quarter. LMR Partners LLP’s holdings in Toyota Motor were worth $3,163,000 as of its most recent SEC filing.
A number of other large investors have also recently modified their holdings of the business. Wesbanco Bank Inc. increased its position in Toyota Motor by 2.1% in the second quarter. Wesbanco Bank Inc. now owns 1,930 shares of the company’s stock worth $203,000 after purchasing an additional 40 shares during the last quarter. Scotia Capital Inc. increased its position in Toyota Motor by 0.6% in the second quarter. Scotia Capital Inc. now owns 12,441 shares of the company’s stock worth $1,307,000 after purchasing an additional 75 shares during the last quarter. Wedbush Securities Inc. increased its position in Toyota Motor by 4.9% in the second quarter. Wedbush Securities Inc. now owns 1,947 shares of the company’s stock worth $204,000 after purchasing an additional 91 shares during the last quarter. Birmingham Capital Management Co. Inc. AL increased its position in Toyota Motor by 1.5% during the second quarter. Birmingham Capital Management Co. Inc. AL now owns 6,565 shares of the company’s stock valued at $689,000 after acquiring an additional 100 shares during the last quarter. Finally, D.A. Davidson & CO. increased its position in Toyota Motor by 9.2% during the second quarter. D.A. Davidson & CO. now owns 3,035 shares of the company’s stock valued at $318,000 after acquiring an additional 256 shares during the last quarter. 0.78% of the stock is currently owned by institutional investors and hedge funds.
A number of research analysts have weighed in on TM shares. Zacks Investment Research upgraded shares of Toyota Motor from a “hold” rating to a “buy” rating and set a $141.00 price objective on the stock in a research report on Wednesday, November 15th. Citigroup upgraded shares of Toyota Motor from a “neutral” rating to a “buy” rating in a research report on Wednesday, October 4th. Finally, Jefferies Group set a $116.00 price target on shares of Toyota Motor and gave the stock a “hold” rating in a report on Tuesday, August 15th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $121.74.
Shares of Toyota Motor Corp Ltd Ord (TM) opened at $124.45 on Friday. Toyota Motor Corp Ltd Ord has a one year low of $103.62 and a one year high of $128.11. The firm has a market cap of $184,362.80, a PE ratio of 10.59, a P/E/G ratio of 1.66 and a beta of 0.65. The company has a quick ratio of 0.90, a current ratio of 1.05 and a debt-to-equity ratio of 0.56.
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Toyota Motor 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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