American Century Companies Inc. lifted its position in Toyota Motor Co. (NYSE:TM – Free Report) by 6.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 234,779 shares of the company’s stock after acquiring an additional 13,805 shares during the period. American Century Companies Inc.’s holdings in Toyota Motor were worth $45,690,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Fisher Asset Management LLC grew its stake in Toyota Motor by 1.9% in the fourth 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. Natixis Advisors LLC grew its position in shares of Toyota Motor by 9.5% in the 4th quarter. Natixis Advisors LLC now owns 393,002 shares of the company’s stock worth $76,482,000 after buying an additional 34,110 shares during the period. Stifel Financial Corp increased its stake in shares of Toyota Motor by 7.3% in the 3rd quarter. Stifel Financial Corp now owns 311,483 shares of the company’s stock worth $55,632,000 after acquiring an additional 21,092 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Toyota Motor during the 4th quarter valued at about $26,203,000. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its stake in Toyota Motor by 30.4% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 131,290 shares of the company’s stock worth $25,550,000 after acquiring an additional 30,576 shares in the last quarter. Hedge funds and other institutional investors own 1.48% of the company’s stock.
Wall Street Analysts Forecast Growth
TM has been the subject of a number of analyst reports. StockNews.com raised shares of Toyota Motor from a “sell” rating to a “hold” rating in a research note on Tuesday, January 7th. CLSA downgraded Toyota Motor from an “outperform” rating to a “hold” rating in a report on Wednesday, February 5th. Finally, Macquarie upgraded Toyota Motor from a “neutral” rating to an “outperform” rating in a report on Tuesday, February 4th.
Toyota Motor Stock Performance
TM stock opened at $183.95 on Friday. The stock has a market capitalization of $247.85 billion, a PE ratio of 7.59, a price-to-earnings-growth ratio of 0.35 and a beta of 0.63. The stock’s 50 day simple moving average is $185.87 and its 200 day simple moving average is $180.89. Toyota Motor Co. has a 12-month low of $159.04 and a 12-month high of $252.85. The company has a current ratio of 1.21, a quick ratio of 1.06 and a debt-to-equity ratio of 0.64.
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 analysts’ consensus estimates of $4.36 by $5.62. Toyota Motor had a return on equity of 14.00% and a net margin of 10.86%. As a group, research analysts forecast that Toyota Motor Co. will post 19.76 earnings per share for the current fiscal year.
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.
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