Toyota Motor Corporation (NYSE:TM) Shares Bought by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. raised its holdings in Toyota Motor Corporation (NYSE:TM - Free Report) by 28.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 25,848 shares of the company's stock after purchasing an additional 5,747 shares during the period. Oppenheimer Asset Management Inc.'s holdings in Toyota Motor were worth $4,563,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Fisher Asset Management LLC lifted its stake in shares of Toyota Motor by 1.9% during the fourth quarter. Fisher Asset Management LLC now owns 6,892,009 shares of the company's stock valued at $1,341,254,000 after buying an additional 129,560 shares during the period. Northern Trust Corp lifted its stake in shares of Toyota Motor by 66.5% during the fourth quarter. Northern Trust Corp now owns 961,403 shares of the company's stock valued at $187,099,000 after buying an additional 384,149 shares during the period. FMR LLC lifted its stake in shares of Toyota Motor by 14.3% during the fourth quarter. FMR LLC now owns 563,437 shares of the company's stock valued at $109,651,000 after buying an additional 70,644 shares during the period. GAMMA Investing LLC lifted its stake in shares of Toyota Motor by 22,846.4% during the first quarter. GAMMA Investing LLC now owns 491,283 shares of the company's stock valued at $86,726,000 after buying an additional 489,142 shares during the period. Finally, SRB Corp lifted its stake in shares of Toyota Motor by 2.0% during the fourth quarter. SRB Corp now owns 398,656 shares of the company's stock valued at $77,582,000 after buying an additional 7,708 shares during the period. Hedge funds and other institutional investors own 1.48% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently commented on TM shares. DZ Bank lowered shares of Toyota Motor from a "strong-buy" rating to a "strong sell" rating in a research report on Friday, May 9th. Sanford C. Bernstein started coverage on shares of Toyota Motor in a research report on Monday, April 14th. They set a "market perform" rating for the company. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, Toyota Motor has a consensus rating of "Hold".

Toyota Motor Trading Up 3.2%

TM stock traded up $5.49 on Friday, hitting $176.12. 512,690 shares of the company were exchanged, compared to its average volume of 385,045. Toyota Motor Corporation has a twelve month low of $155.00 and a twelve month high of $208.86. 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 business's fifty day moving average is $183.90 and its two-hundred day moving average is $183.25. The stock has a market capitalization of $237.31 billion, a price-to-earnings ratio of 7.79 and a beta of 0.65.

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