Fisher Asset Management LLC Acquires 129,560 Shares of Toyota Motor Co. (NYSE:TM)

Fisher Asset Management LLC increased its holdings in shares of Toyota Motor Co. (NYSE:TM) by 1.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 6,892,009 shares of the company’s stock after buying an additional 129,560 shares during the quarter. Fisher Asset Management LLC owned 0.51% of Toyota Motor worth $1,341,254,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Henry James International Management Inc. lifted its position in shares of Toyota Motor by 10.5% during the 4th quarter. Henry James International Management Inc. now owns 7,302 shares of the company’s stock worth $1,421,000 after buying an additional 691 shares during the last quarter. SVB Wealth LLC bought a new stake in shares of Toyota Motor during the 4th quarter worth $447,000. Flputnam Investment Management Co. lifted its position in shares of Toyota Motor by 11.9% during the 4th quarter. Flputnam Investment Management Co. now owns 1,292 shares of the company’s stock worth $251,000 after buying an additional 137 shares during the last quarter. Altrius Capital Management Inc lifted its position in shares of Toyota Motor by 3.3% during the 4th quarter. Altrius Capital Management Inc now owns 44,170 shares of the company’s stock worth $8,596,000 after buying an additional 1,397 shares during the last quarter. Finally, QRG Capital Management Inc. lifted its position in shares of Toyota Motor by 8.3% during the 4th quarter. QRG Capital Management Inc. now owns 88,003 shares of the company’s stock worth $17,126,000 after buying an additional 6,734 shares during the last quarter. 1.48% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on TM. 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 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.

Toyota Motor Price Performance

Shares of TM opened at $181.48 on Friday. Toyota Motor Co. has a 12-month low of $159.04 and a 12-month high of $255.23. The business has a 50-day simple moving average of $186.34 and a two-hundred day simple moving average of $180.22. The company has a quick ratio of 1.06, a current ratio of 1.21 and a debt-to-equity ratio of 0.64. The stock has a market cap of $244.53 billion, a PE ratio of 7.49, a PEG ratio of 0.35 and a beta of 0.63.

Toyota Motor (NYSE:TM) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $9.98 earnings per share for the quarter, beating the consensus estimate of $4.36 by $5.62. Toyota Motor had a return on equity of 14.00% and a net margin of 10.86%. Analysts anticipate that Toyota Motor Co. will post 19.76 earnings per share for the current fiscal 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.