AMP Capital Investors Ltd decreased its position in Tata Motors Limited (NYSE:TTM) by 51.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,411 shares of the company’s stock after selling 33,200 shares during the period. AMP Capital Investors Ltd’s holdings in Tata Motors were worth $982,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in TTM. Cambiar Investors LLC boosted its stake in Tata Motors by 27.0% in the 3rd quarter. Cambiar Investors LLC now owns 6,848,893 shares of the company’s stock worth $214,165,000 after purchasing an additional 1,456,480 shares in the last quarter. BT Investment Management Ltd bought a new position in Tata Motors in the 2nd quarter worth about $19,344,000. BlackRock Inc. boosted its stake in Tata Motors by 22.8% in the 2nd quarter. BlackRock Inc. now owns 2,921,844 shares of the company’s stock worth $96,451,000 after purchasing an additional 542,597 shares in the last quarter. NINE MASTS CAPITAL Ltd boosted its stake in Tata Motors by 71.1% in the 2nd quarter. NINE MASTS CAPITAL Ltd now owns 810,998 shares of the company’s stock worth $27,256,000 after purchasing an additional 337,113 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its stake in Tata Motors by 22.4% in the 2nd quarter. Renaissance Technologies LLC now owns 1,693,600 shares of the company’s stock worth $55,906,000 after purchasing an additional 309,900 shares in the last quarter. Institutional investors own 10.90% of the company’s stock.

Tata Motors Limited (NYSE:TTM) opened at $32.73 on Thursday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.63 and a current ratio of 0.98. The stock has a market cap of $20,850.00, a PE ratio of 20.95, a price-to-earnings-growth ratio of 0.24 and a beta of 2.21. Tata Motors Limited has a one year low of $28.97 and a one year high of $40.34.

TTM has been the topic of a number of analyst reports. Stifel Nicolaus upgraded shares of Tata Motors from a “hold” rating to a “buy” rating in a research note on Friday, August 25th. Zacks Investment Research upgraded shares of Tata Motors from a “sell” rating to a “buy” rating and set a $36.00 price target on the stock in a research note on Saturday, November 18th. Finally, ValuEngine upgraded shares of Tata Motors from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $33.00.

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About Tata Motors

Tata Motors Limited is an automobile company. The Company is engaged in manufacture of motor vehicles. The Company is engaged mainly in the business of automobile products consisting of all types of commercial and passenger vehicles, including financing of the vehicles sold by the Company. The Company’s segments include automotive operations and all other operations.

Institutional Ownership by Quarter for Tata Motors (NYSE:TTM)

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