QRG Capital Management Inc. cut its stake in shares of Toyota Motor Co. (NYSE:TM - Free Report) by 9.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 81,269 shares of the company's stock after selling 8,727 shares during the period. QRG Capital Management Inc.'s holdings in Toyota Motor were worth $14,512,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TM. International Assets Investment Management LLC increased its holdings in shares of Toyota Motor by 34,303.6% in 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 last quarter. Mediolanum International Funds Ltd bought a new position in shares of Toyota Motor during the third quarter valued at approximately $58,660,000. Captrust Financial Advisors boosted its stake in shares of Toyota Motor by 109.1% during the 1st quarter. Captrust Financial Advisors now owns 437,732 shares of the company's stock valued at $110,168,000 after purchasing an additional 228,434 shares in the last quarter. HITE Hedge Asset Management LLC grew its holdings in shares of Toyota Motor by 1,415.4% during the 2nd quarter. HITE Hedge Asset Management LLC now owns 119,184 shares of the company's stock worth $24,429,000 after acquiring an additional 111,319 shares during the period. Finally, Renaissance Technologies LLC purchased a new stake in Toyota Motor in the second quarter worth $16,603,000. Hedge funds and other institutional investors own 1.48% of the company's stock.
Toyota Motor Stock Up 1.2 %
NYSE:TM traded up $2.06 during trading hours on Tuesday, reaching $174.76. 351,146 shares of the company traded hands, compared to its average volume of 321,021. The stock has a market capitalization of $235.48 billion, a P/E ratio of 7.08, a P/E/G ratio of 0.30 and a beta of 0.68. The company has a current ratio of 1.18, a quick ratio of 1.02 and a debt-to-equity ratio of 0.60. Toyota Motor Co. has a 1 year low of $159.04 and a 1 year high of $255.23. The business's 50-day moving average price is $177.65 and its two-hundred day moving average price is $194.50.
Toyota Motor Company Profile
(
Free Report)
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.
Featured Articles
Before you consider Toyota Motor, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Toyota Motor wasn't on the list.
While Toyota Motor currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.