Russell Investments Group Ltd. Has $1.11 Million Stock Holdings in Toyota Motor Co. (NYSE:TM)

Russell Investments Group Ltd. grew its holdings in Toyota Motor Co. (NYSE:TM - Free Report) by 38.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,710 shares of the company's stock after buying an additional 1,581 shares during the quarter. Russell Investments Group Ltd.'s holdings in Toyota Motor were worth $1,111,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Raymond James Financial Inc. bought a new stake in Toyota Motor during the 4th quarter worth about $26,203,000. Fisher Asset Management LLC grew its position in shares of Toyota Motor by 1.9% during the 4th quarter. Fisher Asset Management LLC now owns 6,892,009 shares of the company's stock worth $1,341,254,000 after buying an additional 129,560 shares during the period. World Investment Advisors LLC bought a new stake in shares of Toyota Motor during the third quarter worth approximately $14,911,000. OLD Mission Capital LLC acquired a new position in Toyota Motor in the fourth quarter valued at approximately $8,709,000. Finally, Natixis Advisors LLC boosted its stake in Toyota Motor by 9.5% in the fourth quarter. Natixis Advisors LLC now owns 393,002 shares of the company's stock valued at $76,482,000 after acquiring an additional 34,110 shares during the last quarter. 1.48% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on TM shares. StockNews.com raised Toyota Motor from a "sell" rating to a "hold" rating in a research note on Tuesday, January 7th. Macquarie raised Toyota Motor from a "neutral" rating to an "outperform" rating in a research note on Tuesday, February 4th. Sanford C. Bernstein started coverage on Toyota Motor in a research report on Monday, April 14th. They set a "market perform" rating for the company. Finally, CLSA downgraded shares of Toyota Motor from an "outperform" rating to a "hold" rating in a research report on Wednesday, February 5th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold".

Toyota Motor Trading Up 0.7 %

Shares of TM traded up $1.25 during trading hours on Friday, reaching $187.86. The stock had a trading volume of 263,438 shares, compared to its average volume of 365,097. The company has a market cap of $253.12 billion, a P/E ratio of 7.76, a P/E/G ratio of 0.35 and a beta of 0.64. Toyota Motor Co. has a 52 week low of $155.00 and a 52 week high of $235.68. 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 firm has a 50-day moving average of $179.88 and a 200 day moving average of $179.83.

Toyota Motor (NYSE:TM - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $9.98 earnings per share (EPS) for the quarter, topping 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%. On average, sell-side analysts expect that Toyota Motor Co. will post 19.76 earnings per share for the current fiscal 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.