NWQ Investment Management Company LLC reduced its stake in shares of Toyota Motor Corp (NYSE:TM) by 3.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 397,237 shares of the company’s stock after selling 12,123 shares during the period. NWQ Investment Management Company LLC’s holdings in Toyota Motor were worth $50,517,000 as of its most recent filing with the SEC.
Several other large investors have also recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp increased its stake in shares of Toyota Motor by 85.5% in the third quarter. Bank of New York Mellon Corp now owns 79,704 shares of the company’s stock valued at $9,498,000 after buying an additional 36,747 shares during the period. Quantitative Investment Management LLC bought a new stake in Toyota Motor in the fourth quarter valued at approximately $2,365,000. LMR Partners LLP boosted its holdings in Toyota Motor by 6.7% in the third quarter. LMR Partners LLP now owns 26,514 shares of the company’s stock valued at $3,163,000 after acquiring an additional 1,664 shares during the last quarter. Cetera Advisors LLC boosted its holdings in Toyota Motor by 27.4% in the fourth quarter. Cetera Advisors LLC now owns 2,265 shares of the company’s stock valued at $289,000 after acquiring an additional 487 shares during the last quarter. Finally, FNY Partners Fund LP boosted its holdings in shares of Toyota Motor by 73.3% during the 4th quarter. FNY Partners Fund LP now owns 56,050 shares of the company’s stock worth $7,127,000 after buying an additional 23,700 shares in the last quarter. 0.75% of the stock is owned by institutional investors and hedge funds.
Toyota Motor Corp (TM) traded up $1.19 during midday trading on Tuesday, hitting $129.03. The company had a trading volume of 19,432 shares, compared to its average volume of 216,000. The company has a quick ratio of 0.90, a current ratio of 1.04 and a debt-to-equity ratio of 0.53. Toyota Motor Corp has a one year low of $103.62 and a one year high of $140.99. The company has a market capitalization of $190,857.41, a price-to-earnings ratio of 11.15, a PEG ratio of 1.42 and a beta of 0.73.
TM has been the topic of a number of research reports. Zacks Investment Research lowered Toyota Motor from a “buy” rating to a “hold” rating in a research report on Saturday, January 20th. ValuEngine raised Toyota Motor from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, February 7th. Bank of America upgraded Toyota Motor from an “underperform” rating to a “neutral” rating in a research note on Thursday, March 1st. Finally, Macquarie upgraded Toyota Motor from a “neutral” rating to an “outperform” rating in a research note on Tuesday, February 6th. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $125.74.
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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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