Bridgewater Advisors Inc. Purchases Shares of 3,346 Toyota Motor Corporation (NYSE:TM)

Bridgewater Advisors Inc. purchased a new stake in Toyota Motor Corporation (NYSE:TM - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 3,346 shares of the company's stock, valued at approximately $654,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its position in Toyota Motor by 21.8% in the 4th quarter. Brighton Jones LLC now owns 2,658 shares of the company's stock worth $517,000 after buying an additional 476 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Toyota Motor by 17.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 71,891 shares of the company's stock worth $13,991,000 after acquiring an additional 10,576 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in shares of Toyota Motor by 14.8% during the fourth quarter. Farther Finance Advisors LLC now owns 1,149 shares of the company's stock worth $224,000 after acquiring an additional 148 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in Toyota Motor by 16.4% in the fourth quarter. Commonwealth Equity Services LLC now owns 30,465 shares of the company's stock valued at $5,929,000 after purchasing an additional 4,283 shares in the last quarter. Finally, Choate Investment Advisors purchased a new position in Toyota Motor in the fourth quarter valued at about $321,000. Institutional investors and hedge funds own 1.48% of the company's stock.

Toyota Motor Stock Performance

Shares of NYSE TM traded down $0.21 during trading hours on Wednesday, hitting $169.81. 399,926 shares of the stock were exchanged, compared to its average volume of 396,810. Toyota Motor Corporation has a one year low of $155.00 and a one year high of $206.81. The company's 50 day moving average is $179.90 and its 200 day moving average is $182.48. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.26 and a quick ratio of 1.10. The firm has a market capitalization of $228.80 billion, a P/E ratio of 7.51 and a beta of 0.61.

Toyota Motor (NYSE:TM - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The company reported $3.39 earnings per share for the quarter, beating the consensus estimate of $2.92 by $0.47. The company had revenue of $81.09 billion during the quarter, compared to analysts' expectations of $78.47 billion. Toyota Motor had a return on equity of 13.01% and a net margin of 9.89%. On average, research analysts expect that Toyota Motor Corporation will post 19.76 EPS for the current year.

Analysts Set New Price Targets

TM has been the subject of several research reports. DZ Bank lowered Toyota Motor from a "strong-buy" rating to a "strong sell" rating in a report on Friday, May 9th. Sanford C. Bernstein initiated coverage on shares of Toyota Motor in a research report on Monday, April 14th. They issued a "market perform" rating for the company. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Hold".

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.