HITE Hedge Asset Management LLC Has $18.58 Million Stock Holdings in Toyota Motor Co. (NYSE:TM)

HITE Hedge Asset Management LLC trimmed its holdings in shares of Toyota Motor Co. (NYSE:TM - Free Report) by 12.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 104,050 shares of the company's stock after selling 15,134 shares during the period. Toyota Motor accounts for approximately 2.1% of HITE Hedge Asset Management LLC's holdings, making the stock its 17th largest holding. HITE Hedge Asset Management LLC's holdings in Toyota Motor were worth $18,580,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Fisher Asset Management LLC increased its position in shares of Toyota Motor by 2.4% during the third quarter. Fisher Asset Management LLC now owns 6,762,449 shares of the company's stock worth $1,207,571,000 after acquiring an additional 160,720 shares in the last quarter. International Assets Investment Management LLC boosted its holdings in shares of Toyota Motor by 34,303.6% during the 3rd 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 period. Natixis Advisors LLC increased its stake in shares of Toyota Motor by 10.5% during the third quarter. Natixis Advisors LLC now owns 358,892 shares of the company's stock worth $64,087,000 after purchasing an additional 34,141 shares during the period. Mediolanum International Funds Ltd acquired a new stake in Toyota Motor during the 3rd quarter worth approximately $58,660,000. Finally, Dimensional Fund Advisors LP grew its holdings in Toyota Motor by 1.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 250,149 shares of the company's stock valued at $51,273,000 after buying an additional 3,680 shares in the last quarter. 1.48% of the stock is currently owned by institutional investors and hedge funds.

Toyota Motor Stock Performance

Toyota Motor stock traded up $0.19 during midday trading on Tuesday, hitting $176.00. The company's stock had a trading volume of 397,592 shares, compared to its average volume of 326,781. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.23 and a quick ratio of 1.07. The company has a market cap of $237.15 billion, a price-to-earnings ratio of 8.36, a PEG ratio of 0.31 and a beta of 0.67. Toyota Motor Co. has a 1-year low of $159.04 and a 1-year high of $255.23. The company has a 50-day moving average price of $174.98 and a two-hundred day moving average price of $187.70.

Toyota Motor (NYSE:TM - Get Free Report) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $2.90 EPS for the quarter, missing the consensus estimate of $4.39 by ($1.49). Toyota Motor had a net margin of 9.17% and a return on equity of 12.02%. The firm had revenue of $76.92 billion for the quarter, compared to analyst estimates of $79.78 billion. As a group, sell-side analysts predict that Toyota Motor Co. will post 21.56 earnings per share for the current 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.