13,473 Shares in Toyota Motor Co. (NYSE:TM) Purchased by ABC Arbitrage SA

ABC Arbitrage SA acquired a new position in shares of Toyota Motor Co. (NYSE:TM) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 13,473 shares of the company’s stock, valued at approximately $2,622,000.

Several other hedge funds have also bought and sold shares of TM. International Assets Investment Management LLC raised its holdings in Toyota Motor by 34,303.6% in the third quarter. International Assets Investment Management LLC now owns 417,660 shares of the company’s stock worth $74,582,000 after buying an additional 416,446 shares during the last quarter. Mediolanum International Funds Ltd purchased a new position in Toyota Motor in the third quarter worth about $58,660,000. Fisher Asset Management LLC raised its holdings in Toyota Motor by 2.4% in the third quarter. Fisher Asset Management LLC now owns 6,762,449 shares of the company’s stock worth $1,207,571,000 after buying an additional 160,720 shares during the last quarter. World Investment Advisors LLC purchased a new position in Toyota Motor in the third quarter worth about $14,911,000. Finally, Rockefeller Capital Management L.P. raised its holdings in shares of Toyota Motor by 373.5% during the third quarter. Rockefeller Capital Management L.P. now owns 55,599 shares of the company’s stock valued at $9,939,000 after purchasing an additional 43,857 shares during the last quarter. Institutional investors own 1.48% of the company’s stock.

Toyota Motor Stock Performance

Shares of NYSE TM opened at $184.08 on Friday. The firm has a 50 day moving average of $185.18 and a 200 day moving average of $179.88. The company has a current ratio of 1.21, a quick ratio of 1.07 and a debt-to-equity ratio of 0.64. The firm has a market capitalization of $248.03 billion, a price-to-earnings ratio of 7.60, a price-to-earnings-growth ratio of 0.37 and a beta of 0.63. Toyota Motor Co. has a 12-month low of $159.04 and a 12-month high of $255.23.

Toyota Motor (NYSE:TM) last announced its earnings results on Wednesday, February 5th. The company reported $9.98 earnings per share (EPS) for the quarter, beating 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, research analysts anticipate that Toyota Motor Co. will post 19.76 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. CLSA cut shares of Toyota Motor from an “outperform” rating to a “hold” rating in a report on Wednesday, February 5th. Macquarie raised shares of Toyota Motor from a “neutral” rating to an “outperform” rating in a report on Tuesday, February 4th. Finally, StockNews.com raised shares of Toyota Motor from a “sell” rating to a “hold” rating in a report on Tuesday, January 7th.

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.