Checchi Capital Advisers LLC raised its stake in shares of Toyota Motor Corp (NYSE:TM) by 5.1% during the second quarter, Holdings Channel reports. The institutional investor owned 10,444 shares of the company’s stock after buying an additional 506 shares during the period. Checchi Capital Advisers LLC’s holdings in Toyota Motor Corp were worth $1,044,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Adage Capital Partners GP L.L.C. raised its stake in Toyota Motor Corp by 25.2% in the first quarter. Adage Capital Partners GP L.L.C. now owns 1,320,729 shares of the company’s stock valued at $140,420,000 after buying an additional 265,680 shares in the last quarter. Renaissance Technologies LLC raised its stake in Toyota Motor Corp by 27.1% in the first quarter. Renaissance Technologies LLC now owns 705,700 shares of the company’s stock valued at $75,030,000 after buying an additional 150,400 shares in the last quarter. Capstone Asset Management Co. raised its stake in Toyota Motor Corp by 1.0% in the first quarter. Capstone Asset Management Co. now owns 242,604 shares of the company’s stock valued at $25,794,000 after buying an additional 2,440 shares in the last quarter. Heritage Investors Management Corp raised its stake in Toyota Motor Corp by 5.7% in the second quarter. Heritage Investors Management Corp now owns 61,866 shares of the company’s stock valued at $6,186,000 after buying an additional 3,331 shares in the last quarter. Finally, HBK Investments L P raised its stake in Toyota Motor Corp by 558.4% in the first quarter. HBK Investments L P now owns 30,288 shares of the company’s stock valued at $3,220,000 after buying an additional 25,688 shares in the last quarter.

Toyota Motor Corp (NYSE:TM) traded down 3.00% during trading on Friday, hitting $114.63. The stock had a trading volume of 600,218 shares. The firm has a market capitalization of $172.59 billion, a PE ratio of 8.27 and a beta of 0.70. Toyota Motor Corp has a 1-year low of $97.80 and a 1-year high of $127.28. The firm has a 50 day moving average price of $117.36 and a 200-day moving average price of $107.58.

Several analysts have issued reports on TM shares. Citigroup Inc. lowered Toyota Motor Corp from a “buy” rating to a “neutral” rating in a research note on Thursday, August 25th. Goldman Sachs Group Inc. lowered Toyota Motor Corp from a “buy” rating to a “neutral” rating in a research note on Monday, September 5th. Finally, Zacks Investment Research upgraded Toyota Motor Corp from a “strong sell” rating to a “hold” rating in a research note on Thursday, July 14th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the company’s stock. Toyota Motor Corp has a consensus rating of “Hold” and a consensus price target of $108.54.

Toyota Motor Corp Company Profile

Toyota Motor Corporation (Toyota) conducts business in the automotive industry. The Company also conducts business in finance and other industries. The Company’s segments include Automotive, Financial Services and All Other. Toyota sells its vehicles in approximately 190 countries and regions. Toyota’s markets for its automobiles are Japan, North America, Europe and Asia.

5 Day Chart for NYSE:TM

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