Mitsubishi UFJ Asset Management Co. Ltd. Grows Stake in Toyota Motor Co. (NYSE:TM)

Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of Toyota Motor Co. (NYSE:TM - Free Report) by 18.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,836 shares of the company's stock after purchasing an additional 2,036 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.'s holdings in Toyota Motor were worth $2,506,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Charles Schwab Investment Management Inc. grew its holdings in shares of Toyota Motor by 14.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 61,315 shares of the company's stock worth $10,949,000 after acquiring an additional 7,768 shares during the period. Citigroup Inc. boosted its stake in Toyota Motor by 4.4% in the 3rd quarter. Citigroup Inc. now owns 26,386 shares of the company's stock worth $4,712,000 after purchasing an additional 1,112 shares in the last quarter. Bank of Montreal Can raised its holdings in Toyota Motor by 3.2% in the 3rd quarter. Bank of Montreal Can now owns 46,227 shares of the company's stock worth $8,451,000 after acquiring an additional 1,433 shares during the last quarter. Townsquare Capital LLC lifted its holdings in shares of Toyota Motor by 191.3% during the third quarter. Townsquare Capital LLC now owns 3,096 shares of the company's stock valued at $553,000 after purchasing an additional 2,033 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in Toyota Motor during the third quarter valued at approximately $446,000. Hedge funds and other institutional investors own 1.48% of the company's stock.

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Analyst Ratings Changes

Several equities analysts have recently weighed in on TM shares. Macquarie upgraded shares of Toyota Motor from a "neutral" rating to an "outperform" rating in a research note on Tuesday, February 4th. StockNews.com raised shares of Toyota Motor from a "sell" rating to a "hold" rating in a research report on Tuesday, January 7th. Finally, CLSA downgraded Toyota Motor from an "outperform" rating to a "hold" rating in a research report on Wednesday, February 5th.

Toyota Motor Price Performance

Toyota Motor stock traded down $9.36 during mid-day trading on Friday, hitting $158.71. The stock had a trading volume of 919,419 shares, compared to its average volume of 351,367. The company has a current ratio of 1.21, a quick ratio of 1.06 and a debt-to-equity ratio of 0.64. The firm's 50 day moving average is $184.40 and its 200 day moving average is $180.84. The firm has a market capitalization of $213.84 billion, a P/E ratio of 6.55, a P/E/G ratio of 0.35 and a beta of 0.64. Toyota Motor Co. has a one year low of $156.73 and a one year high of $248.47.

Toyota Motor (NYSE:TM - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The company reported $9.98 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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, sell-side analysts forecast 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.