Toyota Motor Corp (NYSE:TM) Shares Bought by Suntrust Banks Inc.

Suntrust Banks Inc. grew its stake in Toyota Motor Corp (NYSE:TM) by 6.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,562 shares of the company’s stock after buying an additional 156 shares during the period. Suntrust Banks Inc.’s holdings in Toyota Motor were worth $297,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Cullen Capital Management LLC boosted its position in shares of Toyota Motor by 13.1% in the fourth quarter. Cullen Capital Management LLC now owns 6,765 shares of the company’s stock worth $785,000 after acquiring an additional 785 shares during the last quarter. Schafer Cullen Capital Management Inc acquired a new stake in shares of Toyota Motor in the fourth quarter worth approximately $710,000. 1832 Asset Management L.P. boosted its position in shares of Toyota Motor by 1.6% in the fourth quarter. 1832 Asset Management L.P. now owns 14,271 shares of the company’s stock worth $1,662,000 after acquiring an additional 220 shares during the last quarter. Two Sigma Investments LP boosted its position in shares of Toyota Motor by 683.8% in the fourth quarter. Two Sigma Investments LP now owns 55,901 shares of the company’s stock worth $6,489,000 after acquiring an additional 48,769 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC boosted its position in shares of Toyota Motor by 20.2% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 893 shares of the company’s stock worth $104,000 after acquiring an additional 150 shares during the last quarter. Institutional investors and hedge funds own 0.70% of the company’s stock.

TM opened at $123.62 on Friday. The company has a market cap of $180.98 billion, a PE ratio of 8.22, a PEG ratio of 1.37 and a beta of 0.69. Toyota Motor Corp has a 52-week low of $111.12 and a 52-week high of $138.68. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.86 and a current ratio of 1.00.

Toyota Motor (NYSE:TM) last posted its quarterly earnings data on Wednesday, February 6th. The company reported $1.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.80 by ($1.69). The firm had revenue of $69.21 billion for the quarter, compared to analysts’ expectations of $68.22 billion. Toyota Motor had a net margin of 6.36% and a return on equity of 9.71%. Equities research analysts predict that Toyota Motor Corp will post 12.46 EPS for the current fiscal year.

A number of brokerages have weighed in on TM. ValuEngine cut shares of Toyota Motor from a “hold” rating to a “sell” rating in a research report on Friday, February 8th. Zacks Investment Research raised shares of Toyota Motor from a “hold” rating to a “buy” rating and set a $138.00 price target on the stock in a research report on Tuesday, February 5th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $138.00.

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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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