BNP Paribas Financial Markets raised its stake in shares of Toyota Motor Co. (NYSE:TM - Free Report) by 42.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 21,462 shares of the company's stock after buying an additional 6,352 shares during the quarter. BNP Paribas Financial Markets' holdings in Toyota Motor were worth $3,936,000 at the end of the most recent reporting period.
A number of other hedge funds have also added to or reduced their stakes in the stock. Northwest Financial Advisors purchased a new position in Toyota Motor during the 4th quarter valued at about $34,000. Principal Securities Inc. purchased a new position in Toyota Motor during the 4th quarter valued at about $996,000. Charles Schwab Investment Management Inc. grew its holdings in Toyota Motor by 39.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 32,740 shares of the company's stock valued at $6,004,000 after buying an additional 9,191 shares in the last quarter. Apollon Wealth Management LLC boosted its position in shares of Toyota Motor by 5.1% during the 4th quarter. Apollon Wealth Management LLC now owns 3,501 shares of the company's stock valued at $642,000 after acquiring an additional 169 shares during the last quarter. Finally, Private Advisor Group LLC boosted its position in shares of Toyota Motor by 4.6% during the 4th quarter. Private Advisor Group LLC now owns 4,428 shares of the company's stock valued at $812,000 after acquiring an additional 194 shares during the last quarter. Hedge funds and other institutional investors own 1.48% of the company's stock.
Analyst Ratings Changes
Separately, Nomura downgraded Toyota Motor from a "buy" rating to a "neutral" rating in a research report on Wednesday, January 31st.
Read Our Latest Analysis on TM
Toyota Motor Price Performance
Shares of TM traded down $2.69 during trading hours on Wednesday, reaching $216.67. 166,468 shares of the company's stock traded hands, compared to its average volume of 295,771. The stock has a market cap of $293.55 billion, a PE ratio of 8.53, a price-to-earnings-growth ratio of 0.37 and a beta of 0.72. The company has a current ratio of 1.18, a quick ratio of 1.02 and a debt-to-equity ratio of 0.57. The firm's 50 day simple moving average is $235.24 and its 200-day simple moving average is $213.80. Toyota Motor Co. has a 12 month low of $135.15 and a 12 month high of $255.23.
Toyota Motor Company Profile
(
Free Report)
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.
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