Cambiar Investors LLC lifted its stake in Tata Motors Ltd (NYSE:TTM) by 27.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,848,893 shares of the company’s stock after buying an additional 1,456,480 shares during the period. Tata Motors makes up approximately 3.4% of Cambiar Investors LLC’s investment portfolio, making the stock its 6th biggest position. Cambiar Investors LLC owned about 1.01% of Tata Motors worth $214,165,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of TTM. PNC Financial Services Group Inc. boosted its stake in shares of Tata Motors by 439.5% in the first quarter. PNC Financial Services Group Inc. now owns 5,406 shares of the company’s stock valued at $194,000 after buying an additional 4,404 shares during the period. MML Investors Services LLC boosted its stake in shares of Tata Motors by 7.3% in the second quarter. MML Investors Services LLC now owns 6,460 shares of the company’s stock valued at $213,000 after buying an additional 441 shares during the period. Advisor Group Inc. boosted its stake in shares of Tata Motors by 8.1% in the second quarter. Advisor Group Inc. now owns 7,254 shares of the company’s stock valued at $214,000 after buying an additional 542 shares during the period. Quantbot Technologies LP bought a new stake in shares of Tata Motors in the second quarter valued at approximately $226,000. Finally, Morningstar Investment Services LLC boosted its stake in shares of Tata Motors by 16.3% in the second quarter. Morningstar Investment Services LLC now owns 7,221 shares of the company’s stock valued at $238,000 after buying an additional 1,013 shares during the period. Institutional investors and hedge funds own 11.61% of the company’s stock.

Shares of Tata Motors Ltd (NYSE TTM) traded down $0.74 on Monday, reaching $32.32. 2,391,300 shares of the company’s stock traded hands, compared to its average volume of 1,337,703. Tata Motors Ltd has a 1-year low of $28.97 and a 1-year high of $40.34. The firm has a market capitalization of $21,949.68, a P/E ratio of 21.40, a P/E/G ratio of 0.24 and a beta of 2.23. The company has a current ratio of 0.98, a quick ratio of 0.63 and a debt-to-equity ratio of 0.79.

COPYRIGHT VIOLATION NOTICE: “Cambiar Investors LLC Raises Stake in Tata Motors Ltd (TTM)” was originally published by Watch List News and is the sole property of of Watch List News. If you are accessing this story on another website, it was illegally copied and republished in violation of United States & international trademark & copyright legislation. The correct version of this story can be accessed at https://www.watchlistnews.com/cambiar-investors-llc-raises-stake-in-tata-motors-ltd-ttm/1700379.html.

TTM has been the subject of several recent research reports. Stifel Nicolaus upgraded Tata Motors from a “hold” rating to a “buy” rating in a research note on Friday, August 25th. Morgan Stanley downgraded shares of Tata Motors from an “overweight” rating to an “equal weight” rating in a research report on Thursday, August 10th. BidaskClub downgraded shares of Tata Motors from a “hold” rating to a “sell” rating in a research report on Tuesday, August 1st. Sanford C. Bernstein downgraded shares of Tata Motors from an “outperform” rating to a “market perform” rating and lowered their price objective for the company from $45.00 to $30.00 in a research report on Friday, August 11th. Finally, Zacks Investment Research upgraded shares of Tata Motors from a “hold” rating to a “buy” rating and set a $35.00 price objective for the company in a research report on Friday, August 11th. One analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the stock. Tata Motors currently has a consensus rating of “Hold” and a consensus target price of $32.50.

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.

Want to see what other hedge funds are holding TTM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tata Motors Ltd (NYSE:TTM).

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

Receive News & Ratings for Tata Motors Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tata Motors Ltd and related companies with Analyst Ratings Network's FREE daily email newsletter.