New York State Common Retirement Fund Raises Position in Toyota Motor Co. (NYSE:TM)

New York State Common Retirement Fund lifted its stake in shares of Toyota Motor Co. (NYSE:TM) by 35.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 39,570 shares of the company’s stock after acquiring an additional 10,300 shares during the quarter. New York State Common Retirement Fund’s holdings in Toyota Motor were worth $7,701,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Highline Wealth Partners LLC acquired a new position in Toyota Motor in the third quarter valued at approximately $27,000. Modus Advisors LLC acquired a new position in shares of Toyota Motor in the 4th quarter valued at $31,000. Trust Co. of Vermont grew its position in shares of Toyota Motor by 113.3% in the 4th quarter. Trust Co. of Vermont now owns 160 shares of the company’s stock valued at $31,000 after buying an additional 85 shares during the last quarter. Roxbury Financial LLC acquired a new stake in Toyota Motor during the 4th quarter worth $41,000. Finally, Newbridge Financial Services Group Inc. purchased a new stake in Toyota Motor in the fourth quarter valued at $42,000. 1.48% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on TM. CLSA cut shares of Toyota Motor from an “outperform” rating to a “hold” rating in a report on Wednesday, February 5th. Macquarie upgraded Toyota Motor from a “neutral” rating to an “outperform” rating in a research report on Tuesday, February 4th. Finally, StockNews.com raised Toyota Motor from a “sell” rating to a “hold” rating in a report on Tuesday, January 7th.

Toyota Motor Stock Performance

Toyota Motor stock opened at $181.49 on Thursday. Toyota Motor Co. has a 12 month low of $159.04 and a 12 month high of $255.23. The stock’s 50-day moving average is $186.11 and its 200-day moving average is $180.12. The company has a market cap of $244.54 billion, a price-to-earnings ratio of 7.49, a price-to-earnings-growth ratio of 0.35 and a beta of 0.63. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.21 and a quick ratio of 1.06.

Toyota Motor (NYSE:TM) last issued its quarterly earnings data on Wednesday, February 5th. The company reported $9.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.36 by $5.62. Toyota Motor had a net margin of 10.86% and a return on equity of 14.00%. Equities analysts anticipate that Toyota Motor Co. will post 19.76 earnings per share for the current year.

About Toyota Motor

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.