Toyota Motor Co. (NYSE:TM) Shares Purchased by Northern Trust Corp

Northern Trust Corp boosted its stake in Toyota Motor Co. (NYSE:TM - Free Report) by 66.5% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 961,403 shares of the company's stock after purchasing an additional 384,149 shares during the period. Northern Trust Corp owned about 0.07% of Toyota Motor worth $187,099,000 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 company. FNY Investment Advisers LLC purchased a new stake in shares of Toyota Motor during the 4th quarter worth $1,167,000. Strategic Financial Concepts LLC purchased a new position in shares of Toyota Motor in the 4th quarter valued at about $2,140,000. SVB Wealth LLC acquired a new stake in shares of Toyota Motor during the 4th quarter worth about $447,000. Charles Schwab Investment Management Inc. lifted its stake in 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 purchasing an additional 10,576 shares during the last quarter. Finally, Atria Wealth Solutions Inc. increased its stake in Toyota Motor by 119.2% in the fourth quarter. Atria Wealth Solutions Inc. now owns 2,556 shares of the company's stock valued at $498,000 after purchasing an additional 1,390 shares during the last quarter. Hedge funds and other institutional investors own 1.48% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently commented on TM. Sanford C. Bernstein began coverage on Toyota Motor in a research report on Monday, April 14th. They set a "market perform" rating on the stock. Macquarie raised Toyota Motor from a "neutral" rating to an "outperform" rating in a report on Tuesday, February 4th. CLSA cut Toyota Motor from an "outperform" rating to a "hold" rating in a research report on Wednesday, February 5th. Finally, StockNews.com raised Toyota Motor from a "sell" rating to a "hold" rating in a report on Tuesday, January 7th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold".

Toyota Motor Price Performance

Toyota Motor stock traded down $2.51 during midday trading on Wednesday, reaching $189.93. The company's stock had a trading volume of 64,592 shares, compared to its average volume of 391,456. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.06 and a current ratio of 1.21. Toyota Motor Co. has a fifty-two week low of $155.00 and a fifty-two week high of $232.43. The firm has a market capitalization of $255.91 billion, a PE ratio of 7.84, a P/E/G ratio of 0.35 and a beta of 0.67. The stock's 50 day simple moving average is $181.75 and its 200 day simple moving average is $180.93.

Toyota Motor (NYSE:TM - Get Free Report) last issued its earnings results on Wednesday, February 5th. The company reported $9.98 earnings per share for the quarter, topping the consensus estimate of $4.36 by $5.62. Toyota Motor had a net margin of 10.86% and a return on equity of 14.00%. On average, equities research analysts forecast that Toyota Motor Co. will post 19.76 earnings per share for the current year.

Toyota Motor Company 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.