Renaissance Technologies LLC Purchases New Position in Toyota Motor Co. (NYSE:TM)

Renaissance Technologies LLC acquired a new position in shares of Toyota Motor Co. (NYSE:TM) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 81,000 shares of the company’s stock, valued at approximately $16,603,000.

A number of other institutional investors and hedge funds have also bought and sold shares of TM. CIBC Private Wealth Group LLC boosted its stake in shares of Toyota Motor by 385.9% during the fourth quarter. CIBC Private Wealth Group LLC now owns 934,796 shares of the company’s stock valued at $171,423,000 after purchasing an additional 742,409 shares in the last quarter. Captrust Financial Advisors increased its holdings in shares of Toyota Motor by 109.1% in the 1st quarter. Captrust Financial Advisors now owns 437,732 shares of the company’s stock valued at $110,168,000 after acquiring an additional 228,434 shares during the period. Fisher Asset Management LLC raised its position in shares of Toyota Motor by 2.8% in the 4th quarter. Fisher Asset Management LLC now owns 6,210,385 shares of the company’s stock worth $1,138,861,000 after acquiring an additional 169,627 shares in the last quarter. New Age Alpha Advisors LLC purchased a new stake in shares of Toyota Motor during the 4th quarter worth $12,910,000. Finally, 1832 Asset Management L.P. purchased a new position in Toyota Motor in the fourth quarter valued at about $8,931,000. 1.48% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, Erste Group Bank reissued a “hold” rating on shares of Toyota Motor in a research report on Friday, June 14th.

Toyota Motor Stock Up 0.3 %

Shares of TM stock opened at $184.07 on Friday. The stock’s fifty day moving average price is $183.89 and its 200 day moving average price is $209.84. Toyota Motor Co. has a 1-year low of $159.04 and a 1-year high of $255.23. The company has a market cap of $248.02 billion, a price-to-earnings ratio of 7.25, a price-to-earnings-growth ratio of 0.37 and a beta of 0.68. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.18 and a quick ratio of 1.02.

Toyota Motor (NYSE:TM) last issued its quarterly earnings results on Thursday, August 1st. The company reported $6.35 earnings per share for the quarter, topping analysts’ consensus estimates of $4.01 by $2.34. The business had revenue of $75.94 billion for the quarter, compared to analyst estimates of $72.48 billion. Toyota Motor had a return on equity of 14.28% and a net margin of 10.70%. During the same quarter in the previous year, the firm earned $7.05 earnings per share. On average, research analysts expect that Toyota Motor Co. will post 18.13 earnings per share for the current fiscal year.

Toyota Motor Company 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.