Pennsylvania Trust Co acquired a new stake in shares of Toyota Motor Corp (NYSE:TM) during the first quarter, according to its most recent disclosure with the SEC. The fund acquired 60,381 shares of the company’s stock, valued at approximately $3,056,000.
Several other hedge funds also recently bought and sold shares of TM. Enterprise Financial Services Corp raised its holdings in shares of Toyota Motor by 17.3% during the 4th quarter. Enterprise Financial Services Corp now owns 570 shares of the company’s stock worth $66,000 after acquiring an additional 84 shares in the last quarter. Tocqueville Asset Management L.P. increased its position in shares of Toyota Motor by 0.9% during the 4th quarter. Tocqueville Asset Management L.P. now owns 11,850 shares of the company’s stock valued at $1,376,000 after purchasing an additional 100 shares during the last quarter. Lourd Capital LLC increased its position in shares of Toyota Motor by 1.4% during the 4th quarter. Lourd Capital LLC now owns 7,553 shares of the company’s stock valued at $877,000 after purchasing an additional 104 shares during the last quarter. Dorsey & Whitney Trust CO LLC increased its position in shares of Toyota Motor by 5.5% during the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 2,316 shares of the company’s stock valued at $268,000 after purchasing an additional 121 shares during the last quarter. Finally, Lenox Wealth Management Inc. increased its position in shares of Toyota Motor by 60.7% during the 4th quarter. Lenox Wealth Management Inc. now owns 344 shares of the company’s stock valued at $40,000 after purchasing an additional 130 shares during the last quarter. 0.71% of the stock is currently owned by hedge funds and other institutional investors.
Toyota Motor stock traded down $0.05 during mid-day trading on Friday, hitting $119.27. The company’s stock had a trading volume of 143,048 shares, compared to its average volume of 132,881. Toyota Motor Corp has a one year low of $111.12 and a one year high of $138.45. The company has a market capitalization of $175.30 billion, a PE ratio of 10.18, a price-to-earnings-growth ratio of 2.58 and a beta of 0.70. The company has a quick ratio of 0.86, a current ratio of 1.04 and a debt-to-equity ratio of 0.53.
TM has been the topic of several analyst reports. Zacks Investment Research raised Toyota Motor from a “hold” rating to a “buy” rating and set a $138.00 target price on the stock in a research report on Tuesday, February 5th. ValuEngine raised Toyota Motor from a “sell” rating to a “hold” rating in a research report on Thursday, March 21st. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target 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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