NWQ Investment Management Company LLC trimmed its holdings in Toyota Motor Corp (NYSE:TM) by 3.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 397,237 shares of the company’s stock after selling 12,123 shares during the quarter. NWQ Investment Management Company LLC’s holdings in Toyota Motor were worth $50,517,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also made changes to their positions in TM. Patten Group Inc. raised its holdings in Toyota Motor by 3,974.2% during the 3rd quarter. Patten Group Inc. now owns 38,094 shares of the company’s stock valued at $108,000 after buying an additional 37,159 shares during the last quarter. Steward Partners Investment Advisory LLC bought a new stake in Toyota Motor during the 3rd quarter valued at $110,000. FNY Managed Accounts LLC bought a new stake in Toyota Motor during the 3rd quarter valued at $112,000. Calton & Associates Inc. bought a new stake in Toyota Motor during the 4th quarter valued at $125,000. Finally, The Manufacturers Life Insurance Company raised its holdings in Toyota Motor by 36.6% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,415 shares of the company’s stock valued at $148,000 after buying an additional 379 shares during the last quarter. Hedge funds and other institutional investors own 0.75% of the company’s stock.
Toyota Motor Corp (NYSE TM) opened at $130.34 on Tuesday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.04 and a quick ratio of 0.90. Toyota Motor Corp has a 1-year low of $103.62 and a 1-year high of $140.99. The company has a market cap of $190,548.88, a price-to-earnings ratio of 11.19, a price-to-earnings-growth ratio of 1.41 and a beta of 0.73.
TM has been the subject of a number of recent analyst reports. ValuEngine lowered shares of Toyota Motor from a “strong-buy” rating to a “buy” rating in a report on Wednesday, March 7th. Zacks Investment Research upgraded shares of Toyota Motor from a “hold” rating to a “buy” rating and set a $153.00 price target for the company in a report on Friday, January 12th. Bank of America upgraded shares of Toyota Motor from an “underperform” rating to a “neutral” rating in a report on Thursday, March 1st. Finally, Macquarie upgraded shares of Toyota Motor from a “neutral” rating to an “outperform” rating in a report on Tuesday, February 6th. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Toyota Motor currently has an average rating of “Hold” and an average target price of $125.74.
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Toyota Motor Company 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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