Cullen Capital Management LLC Boosts Stock Position in Toyota Motor Co. (NYSE:TM)

Cullen Capital Management LLC grew its stake in shares of Toyota Motor Co. (NYSE:TM - Free Report) by 3.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 131,337 shares of the company's stock after acquiring an additional 4,426 shares during the quarter. Cullen Capital Management LLC's holdings in Toyota Motor were worth $25,559,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Modus Advisors LLC purchased a new position in Toyota Motor in the fourth quarter worth about $31,000. Trust Co. of Vermont raised its position in Toyota Motor by 113.3% in the fourth quarter. Trust Co. of Vermont now owns 160 shares of the company's stock worth $31,000 after acquiring an additional 85 shares during the period. Roxbury Financial LLC purchased a new position in shares of Toyota Motor during the 4th quarter worth $41,000. Newbridge Financial Services Group Inc. bought a new stake in shares of Toyota Motor during the 4th quarter valued at $42,000. Finally, GPS Wealth Strategies Group LLC increased its stake in shares of Toyota Motor by 800.0% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 225 shares of the company's stock worth $44,000 after purchasing an additional 200 shares in the last quarter. 1.48% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts have issued reports on the company. CLSA lowered Toyota Motor from an "outperform" rating to a "hold" rating in a report on Wednesday, February 5th. Macquarie upgraded Toyota Motor from a "neutral" rating to an "outperform" rating in a research note on Tuesday, February 4th. Finally, StockNews.com upgraded shares of Toyota Motor from a "sell" rating to a "hold" rating in a research note on Tuesday, January 7th.

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Toyota Motor Price Performance

NYSE:TM traded down $8.44 on Thursday, reaching $165.70. 344,080 shares of the company's stock traded hands, compared to its average volume of 395,864. The firm has a market cap of $223.27 billion, a PE ratio of 6.84, a P/E/G ratio of 0.35 and a beta of 0.64. 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 50-day simple moving average of $182.17 and a 200-day simple moving average of $180.23. Toyota Motor Co. has a 12 month low of $155.00 and a 12 month high of $247.15.

Toyota Motor (NYSE:TM - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $9.98 EPS 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%. 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.