Quantitative Systematic Strategies LLC Takes Position in Toyota Motor Corp (NYSE:TM)

Quantitative Systematic Strategies LLC purchased a new stake in shares of Toyota Motor Corp (NYSE:TM) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 1,770 shares of the company’s stock, valued at approximately $219,000.

Several other institutional investors also recently bought and sold shares of TM. BlackRock Inc. raised its position in shares of Toyota Motor by 6,728.6% in the 4th quarter. BlackRock Inc. now owns 956 shares of the company’s stock worth $111,000 after acquiring an additional 942 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Toyota Motor by 14.9% in the 4th quarter. Geode Capital Management LLC now owns 19,291 shares of the company’s stock worth $2,239,000 after buying an additional 2,501 shares during the last quarter. Legacy Advisors LLC purchased a new stake in shares of Toyota Motor in the 1st quarter worth approximately $130,000. Mercer Global Advisors Inc. ADV purchased a new stake in shares of Toyota Motor in the 1st quarter worth approximately $2,008,000. Finally, Pennsylvania Trust Co purchased a new stake in shares of Toyota Motor in the 1st quarter worth approximately $3,056,000. 0.72% of the stock is owned by hedge funds and other institutional investors.

Shares of Toyota Motor stock traded down $0.37 during midday trading on Friday, hitting $128.98. The company had a trading volume of 127,203 shares, compared to its average volume of 175,168. The company has a quick ratio of 0.89, a current ratio of 1.08 and a debt-to-equity ratio of 0.52. The firm has a market cap of $188.37 billion, a PE ratio of 11.01, a P/E/G ratio of 0.79 and a beta of 0.70. The firm has a 50 day moving average price of $128.01. Toyota Motor Corp has a 52-week low of $111.12 and a 52-week high of $133.16.

Toyota Motor (NYSE:TM) last posted its quarterly earnings results on Wednesday, May 8th. The company reported $2.89 earnings per share for the quarter, missing the consensus estimate of $3.91 by ($1.02). The company had revenue of $70.38 billion during the quarter, compared to analysts’ expectations of $69.88 billion. Toyota Motor had a return on equity of 9.54% and a net margin of 6.28%. As a group, equities analysts expect that Toyota Motor Corp will post 15.31 earnings per share for the current fiscal year.

Separately, Zacks Investment Research upgraded Toyota Motor from a “sell” rating to a “hold” rating and set a $154.00 price target on the stock in a research note on Wednesday, June 12th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $154.00.

Toyota Motor Profile

Toyota Motor Corporation designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories. It operates through Automotive, Financial Services, and All Other segments. The company offers hybrid cars under the Prius, Alphard, Vellfire, Sienta, RX-HV, Auris, Prius PHV, C-HR, LC, Camry, JPN TAXI, Avalon, Corolla HB, Crown, and Century names; fuel cell vehicles under the MIRAI and SORA names; and conventional engine vehicles, including subcompact and compact cars under the Corolla, Yaris, Vitz, Aygo, Prius C, Aqua, Passo, Roomy, Tank, Etios, Vios, AGYA, Rush, and Yaris iA names.

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Institutional Ownership by Quarter for Toyota Motor (NYSE:TM)

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