Toyota Motor Co. (NYSE:TM) Shares Bought by GAMMA Investing LLC

GAMMA Investing LLC grew its stake in shares of Toyota Motor Co. (NYSE:TM - Free Report) by 22,846.4% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 491,283 shares of the company's stock after purchasing an additional 489,142 shares during the quarter. GAMMA Investing LLC's holdings in Toyota Motor were worth $86,726,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Northern Trust Corp increased its holdings in Toyota Motor by 66.5% in the 4th quarter. Northern Trust Corp now owns 961,403 shares of the company's stock worth $187,099,000 after buying an additional 384,149 shares in the last quarter. Captrust Financial Advisors lifted its position in shares of Toyota Motor by 166.3% during the 4th quarter. Captrust Financial Advisors now owns 374,864 shares of the company's stock valued at $72,952,000 after buying an additional 234,078 shares in the last quarter. Raymond James Financial Inc. bought a new position in Toyota Motor in the 4th quarter worth approximately $26,203,000. Fisher Asset Management LLC boosted its stake in Toyota Motor by 1.9% in the 4th quarter. Fisher Asset Management LLC now owns 6,892,009 shares of the company's stock worth $1,341,254,000 after purchasing an additional 129,560 shares during the period. Finally, FMR LLC raised its holdings in shares of Toyota Motor by 14.3% during the 4th quarter. FMR LLC now owns 563,437 shares of the company's stock worth $109,651,000 after acquiring an additional 70,644 shares in the last quarter. Hedge funds and other institutional investors own 1.48% of the company's stock.

Analyst Ratings Changes

Several research firms recently weighed in on TM. CLSA lowered Toyota Motor from an "outperform" rating to a "hold" rating in a report on Wednesday, February 5th. DZ Bank downgraded Toyota Motor from a "strong-buy" rating to a "strong sell" rating in a research report on Friday, May 9th. Finally, Sanford C. Bernstein assumed coverage on Toyota Motor in a research note on Monday, April 14th. They issued a "market perform" rating for the company. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold".

Toyota Motor Trading Down 1.9%

Shares of TM traded down $3.56 during mid-day trading on Thursday, reaching $184.40. The stock had a trading volume of 508,414 shares, compared to its average volume of 380,265. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.21 and a quick ratio of 1.06. Toyota Motor Co. has a 52-week low of $155.00 and a 52-week high of $210.94. The business's fifty day moving average is $181.60 and its 200 day moving average is $182.89. The firm has a market cap of $248.46 billion, a price-to-earnings ratio of 7.61, a P/E/G ratio of 0.35 and a beta of 0.65.

Toyota Motor (NYSE:TM - Get Free Report) last released its earnings results on Thursday, May 8th. The company reported $3.39 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.92 by $0.47. Toyota Motor had a return on equity of 14.00% and a net margin of 10.86%. The firm had revenue of $81.09 billion during the quarter, compared to analyst estimates of $78.47 billion. On average, sell-side analysts predict that Toyota Motor Co. will post 19.76 EPS for the current fiscal year.

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.